Questions about car insurance agents.

Financial Car Insurance Questions?

• 1.) What is the type of insurance that covers bodily injury and property damage to others? liability uninsured motorist comprehensive collision 12.) What is the type of insurance that covers you when you are injured by a hit and run driver? liability uninsured motorist comprehensive collision 13.) Insurance is based on the concept of ________ and __________ profit and loss risk and loss risk and return profit and cars 19.) Which type of insurance is usually required if you finance your car purchase? Medical Payment Insurance Towing Insurance Rental Insurance Collision and Comprehensive Insurance 21.) Which of the following is not a way that a teenager can save money on insurance? Getting on his or her parents' policy Getting good grades Driving penalties Driver experience 24.) Accidents that must be reported are ? those that caused minor damage or harm those that have been fatal all accidents. 27.) To buy your own car insurance, you must? be 18 years of age . have a valid driver’s license both of these 30.) Highest car insurance is paid by males over the age of 25 males under the age of 25 . females under the age of 18 39.) Students who maintain a B average do not pay car insurance pay more for car insurance may be eligible for car insurance discounts 40.) Which of these is not a complaint about car insurance companies? refused claims low premiums slow adjustment process

• Answer:

  Sounds like a licensing test. If you don't know the materials, you're not going to pass. That means, you have to know WHY the other answers are wrong. But here are your answers: 1. Liability. 12. uninsured motorist 13. risk and loss 19. collision and comprehensive 21. driving penalties 24. varies by state, but generally those that cause bodily injury. 27. also varies by state, but they're probably looking for "be 18" 30. also varies by state - some states don't allow gender differentiations. They're probably looking for males under 25. 39. may be eligible for a discount 40. low premiums