Insurance Assessment Review

Explain the relationship between a premium, and deductible.

What factors can impact how much your car insurance costs you?

What are the consequences of driving without car insurance?

What is the difference between liability & comprehensive car insurance coverage?

List 3 extra coverage options you can purchase with your car insurance policy.

These events are covered under homeowner's insurance: flood and earthquake.

• true

• false

Explain how your deductible can impact your premium in an insurance policy.

What is one thing provided by renters insurance?

Who needs life insurance and how much coverage do they need?

Which is the minimum requirement for car insurance?

• liability

• collison

• comprehensive

• there is no minimum