Car Insurance

Front

Is it your choice whether you buy car insurance or not?

Back

False

Front

What is an insurance premium?

Back

The cost of insurance coverage.

Front

If Mr. Marvulli's car is vandalized and the damages cost $1,350 with a $500 deductible, how much will the insurance company pay?

Back

$850

Front

If Peter has collision insurance with a $1,000 deductible and causes $4,300 worth of damage, how much will he have to pay?

Back

$1,000

Front

What is a deductible in car insurance?

Back

The amount you pay out of pocket before the insurance covers the rest.

Front

True or False: A deductible is how much your insurance company pays for repairs after an accident.

Back

False

Front

What does comprehensive insurance cover?

Back

Damage to your car not involving a collision, such as theft or vandalism.

Front

What is collision insurance?

Back

Insurance that covers damage to your car resulting from a collision.

Front

What is liability insurance?

Back

Insurance that covers damages you cause to others in an accident.

Front

What is the purpose of car insurance?

Back

To protect against financial loss in the event of an accident or damage.