100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
AUTO INSURANCE FAQ EXAM QUESTIONS AND ANSWERS 100% PASS €11,54
In winkelwagen

Tentamen (uitwerkingen)

AUTO INSURANCE FAQ EXAM QUESTIONS AND ANSWERS 100% PASS

 6 keer bekeken  0 keer verkocht
  • Vak
  • AUTO INSURANCE
  • Instelling
  • AUTO INSURANCE

AUTO INSURANCE FAQ EXAM QUESTIONS AND ANSWERS 100% PASS What is liability coverage? - Liability coverage insures you against the cost of injury and damage you cause to another in an automobile accident. It's made up of two policies, bodily injury liability, and property damage liability. Auto l...

[Meer zien]

Voorbeeld 2 van de 7  pagina's

  • 22 december 2024
  • 7
  • 2024/2025
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden
  • AUTO INSURANCE
  • AUTO INSURANCE
avatar-seller
1|Page




AUTO INSURANCE FAQ EXAM QUESTIONS
AND ANSWERS 100% PASS


What is liability coverage? - ✔✔Liability coverage insures you against the cost of injury and damage you

cause to another in an automobile accident. It's made up of two policies, bodily injury liability, and

property damage liability. Auto liability insurance is required in virtually every state.


What is bodily injury coverage? - ✔✔It's the part of liability coverage that insures you against the injury

you cause to others in an auto accident. It consists of two figures. One limits the cost of injury coverage

per person injured, and the second limits the total dollar amount of injury coverage (for everyone

injured.) This is a very important policy.


What is property damage coverage? - ✔✔It's the part of liability coverage that insures you against the

cost of damage to another's property caused by you in an automobile accident. "Property" includes other

cars, houses, fences, telephone poles, etc.


What is medical payments coverage? - ✔✔This coverage pays the medical bills of the covered driver,

family members, and passengers when injured in an accident, regardless of who was at fault. This

coverage is required in some states, but not in others.


What is personal injury protection (PIP)? - ✔✔PIP is similar to medical payments coverage, only it

usually covers a broader range of events, including medical bills, lost wages, loss of services, etc. It is

required in most no fault states. Georgia does not have PIP.


What is uninsured motorist coverage? - ✔✔This coverage covers the cost of injury or damage caused by

another driver who is not insured. It covers the policy holder, authorized drivers, and any passengers. It




Created by Katelyn Whitman © 2025, All Rights Reserved.

, 2|Page


usually consists of separate limits for bodily injury and property damage. This policy is required in some

states.


What is underinsured motorists coverage? - ✔✔This coverage pays for injuries and damage caused to the

policy holder by a driver with inadequate insurance. It typically pays the difference between the at-fault

driver's liability limit and the holder's policy limit. There are separate limits for property damage and

bodily injury liability. This coverage is sometimes combined with uninsured motorist coverage under one

policy, and may be required in some states.


What is collision coverage? - ✔✔This coverage helps pay for repairs or fair market replacement cost if

your car is damaged in an accident caused by you or an authorized driver. This policy is always optional.


What is comprehensive coverage? - ✔✔This coverage, also known as "Other than Collision" covers the

cost of repairs to or replacement of your vehicle should it be stolen, vandalized, struck in a hit-and-run,

or damaged by an "act of God." Covered events vary from policy to policy but usually include fire, flood,

and falling objects. This policy is always optional.


What is a deductible? - ✔✔It's the amount of money that you agree to pay before a certain auto insurance

policy kicks in. Deductibles are designed to cut down on insurance costs by eliminating small or frivolous

claims. The higher the deductible you're willing to pay, the lower the premium you earn. Collision and

comprehensive policies almost always carry deductibles, and sometimes PIP and medical payments

policies do too.


What is rental car reimbursement coverage? - ✔✔It's an optional policy endorsement that helps pay the

cost of renting a car while your auto is being repaired for a covered event. (This means you usually need

to carry collision and comprehensive to qualify.) Your premium is decided by the amount of

reimbursement you want per day.




Created by Katelyn Whitman © 2025, All Rights Reserved.

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

Verzekerd van kwaliteit door reviews

Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper KatelynWhitman. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €11,54. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 51036 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Start met verkopen
€11,54
  • (0)
In winkelwagen
Toegevoegd