Car Insurance

Front

What is a deductible in car insurance?

Back

The out-of-pocket money paid by a policyholder before an insurance company will cover the remaining costs caused by a loss.

Front

What does risk mean in the context of car insurance?

Back

Chance or possibility of injury, damage, or loss that someone may want an insurance policy to cover.

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.8.5

CCSS.RI.7.5

CCSS.RI.6.5

Front

What is considered a loss in car insurance?

Back

Death, injury, or damage that could result in an insurance claim.

Front

What happens if you are at fault in a car accident?

Back

You will get a ticket from a police officer.

Front

How does the deductible affect the premium in car insurance?

Back

The higher the deductible, the lower the premium.

Front

What is a premium in car insurance?

Back

The amount of money a policyholder pays for their insurance coverage.

Front

What is co-insurance in car insurance?

Back

A cost-sharing agreement where the policyholder pays a certain percentage of the costs after the deductible is met.

Front

What is the purpose of car insurance?

Back

To provide financial protection against physical damage or bodily injury resulting from traffic collisions.

Front

What is liability coverage in car insurance?

Back

Insurance that covers damages to another person or their property if you are at fault in an accident.

Front

What is comprehensive coverage in car insurance?

Back

Insurance that covers damages to your car not involving a collision, such as theft or natural disasters.