Insurance Terms Quizs

Auto insurance that protects you against cost of your own medical bills if you are involved in a car accident.

• Personal Injury Protection (PIP)

• Liability Insurance

• Collision Coverage

• Comprehensive Coverage

Auto insurance that protects you against another driver not having enough coverage to pay the entirety of your losses.

• Liability Coverage

• Collision Coverage

• Uninsured/Underinsured Coverage

• Comprehensive Coverage

Auto insurance that protects you against medical costs for the bodily injury of others and damages to the property of others if you are at fault in an accident.

• Liability Coverage

• Collision Coverage

• Comprehensive Coverage

• Personal Injury Protection

The amount of money you agree to pay towards your losses before your insurance coverage will begin paying.

• Premium

• Deductible

• Copayment

• Excess

Insurance paid to named beneficiaries when the insured person dies.

• Health Insurance

• Life Insurance

• Auto Insurance

• Homeowners Insurance

A federal and state assistance program that pays for health care services for people who cannot afford them.

• Medicaid

• Medicare

• CHIP

• Private Insurance

A formal request from the customer to an insurance company asking for a payment based on the terms of the insurance policy.

• Claim

• Request

• Proposal

• Notification

Auto insurance that protects you against costs to repair your own vehicle after a crash.

• Liability Coverage

• Comprehensive Coverage

• Collision Coverage

• Personal Injury Protection

The maximum amount an insurance company will pay if you file a claim.

• Coverage Limit

• Deductible

• Premium

• Exclusion

When someone with insurance endures a negative outcome, such as injury or theft, and expects payment from the insurance company to compensate them.

• Claim

• Loss

• Expense

• Deductible