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Auto Insurance App 2
More Auto Term Practice
Question | Answer |
---|---|
Actual Cash Value | Robert wrecks his truck. There is $4,500 worth of damage, but the insurance company is only going to pay $2,500 be cause of this factor. |
Benefit | Megan crashes into a mailbox. Her Property Damage Liability coverage pays this to the mailbox owner. |
Bodily Injury Liability | Teera rear ends a car and the people in the car get hurt. _________ covers their medical costs. |
Claim | If you do this too often, an insurance company may cancel your policy. |
Collision | Megan crashes into a mailbox.____________ insurance covers damage to her car. |
Comprehensive | Kim's car gets hit with a brick that falls off a construction vehicle. _________ insurance covers the cost of repairing the damage. |
Deductible | Kim has to pay the first $250 of the cost to repair her car before the insurance company will pay anything. The $250 is a _______________. |
Endorsements | I'll have to add this to my insurance when my under 25 year old children get their licenses. |
Exclusions | My truck isn't covered if I don't have a valid inspection sticker. |
Full Coverage | Wade has 100/300/50 Liability insurance along with Comprehensive and Collision. |
Medical Payments or Personal Injury Protection (PIP) | Courtni crashes her car. She and her passengers are hurt and require medical treatment. ______________ covers the cost of this treatment. |
No-Fault Insurance | If you have an accident, regardless of whether or not you caused it, your own auto insurance must pay a portion of your medical bills. |
Property Damage Liability | Megan crashes into a mailbox. ________ pays for the cost of replacing the mailbox. |
SR-22 | You must have this type of insurance if you are convicted of a DUI. |
Underinsured Motorist Coverage | Kyle carries 25/50/10 Liability insurance. Kyle side swipes a car and the driver of the other car requires $30,000 worth of medical care. ________ covers the amount of money Kyle's insurance won't pay. |
Uninsured Motorist Coverage | Alexander is driving without any insurance coverage. He drives into your car and causes damage. Your _______________ coverage will pay for the damage. |
25/50/10 | The policy holder hits another car. This is the maximum amount the insurance company will pay to an individual in the other car for medical expenses. |
25/50/10 | The policy holder hits another car. This is the maximum amount the insurance company will pay to all of the people in the other car for medical expenses. |
25/50/10 | The policy holder hits another car. This is the maximum amount the insurance company will pay for damages to the other car. |