Finance - Insurance

In Texas, it's against the law to drive a vehicle without having minimum liability coverage

• True

• False

The insurance company will decide what kind of risk you are

• True

• False

The coverage depends on your policy

• True

• False

Auto insurance is the only insurance mandated by law

• True

• False

People who file claims are called claimants

• True

• False

A claims adjuster investigates and settles claims

• True

• False

You must buy separate insurance policies for different things, but one insurance company may offer several different kinds of policies

• True

• False

Car type is one of many "risk factors" insurance companies consider

• True

• False

Insurance companies always have risks

• True

• False

The amount the insured must pay in a loss before any payment is due from the company

• Deductible

• Liability

• Insurer

• Premium