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QUIZ 02 | Insurance 101 | Types of Car Insurance Coverage

Gemma Maldonado Hernandez

Created on March 15, 2024

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Transcript

INSURANCE

101

Types of Car Insurance Coverage

START

Quiz

QUESTION 1

What does liability cover?

Damages to you and your property if you are found at fault in an accident

Damages to other people and property if you are found at fault in an accident

Damages to other people and property if you are involved on an accident with no auto insurance

Right!

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Quiz

QUESTIoN 2

Liability-only insurance is the minimum coverage required by most state governments.

FALSE

TRUE

Right!

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Quiz

QUESTION 3

What is the type of coverage pays for medical expenses that you or a family member incurred as the result of an automobile accident?

Bodily Injury Coverage

Medical Payments Coverage

Personal Injury Protection

Right!

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Quiz

QUESTION 4

What type of coverage pays for the medical expenses and lost wages for you and your passengers, no matter who causes the accident?

Bodily Injury Coverage

Medical Payments Coverage

Personal Injury Protection

Right!

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Quiz

QUESTION 5

What type of coverage usually pays for damages when the other party, who is at fault, does not have enough insurance or do not have any insurance to cover the cost?

Personal Injury Protection

Bodily Injury Coverage

Uninsured & Underinsured Motorist

Complete!

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Quiz

QUESTION 6

What does comprehensive coverage cover?

Pays for the cost of your vehicle when you are involved in other inconvinient than collision

Pays for the cost of your vehicle when you are involved on a theft, fire, storms, vandalism, or hitting an animal.

Pays for the cost of your vehicle when you are involved on a collision

Complete!

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Quiz

QUESTION 7

What does collision converage cover?

Pays for the cost of your vehicle when you are involved on a theft, fire, storms, vandalism, or hitting an animal.

Pays for the cost of your vehicle when you are involved on a collision

Pays for the cost of your vehicle when you are involved in other inconvinient than collision

Complete!

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Quiz

QUESTION 8

Gap insurance (guaranteed auto protection insurance) pays the difference between your vehicle’s value and how much you owe on it.

FALSE

TRUE

Complete!

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