Name the coverage for auto insurance "Pays for damage or loss of your car if you are in accident." O Property damage liability Collision Coverage mprohencivo cOvorago
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- Name the coverage for auto insurance. Covers the costs of lawsuits if someone is injured or killed in an accident in which you are at fault. Bodily injury liability Property damage liability Comprenhensive coverage Collision CoverageState Farm State Farm Fire and Casualty Company 11350 Johns Creek Parkway Duluth, GA 30098-0001 AT2 Matt & Sarah Justice 123 GetTheW St. Atlanta, GA 30306 YEAR 2007 NAMED INSURED SYMBOLS A DO NOT PAY PREMIUMS SHOWN ON THIS PAGE. IF AN AMOUNT IS DUE, THEN A SEPARATE STATEMENT IS ENCLOSED. YOUR CAR C D G H JINA M R1 U MAKE TOYOTA MODEL CAMRY COVERAGE & LIMITS 11-2097-4 P Liability Coverage Bodily Injury Limits Each Person, Each Accident A $100,000 $300,000 Property Damage Limit Each Accident $100,000 Medical Payments Coverage Limit- Each Person $1.000 BODY STYLE 4DR Comprehensive Coverage - $200 Deductible Collision Coverage - $1,000 Deductible Emergency Road Service Coverage Car Rental and Travel Expenses Coverage Limit- Car Rental Expense Each Day. Each Loss 80% menntunar $1.000 Uninsured Motor Vehicle Coverage (Difference-In-Limits) Bodily Injury Limits Each Person, Each Accident $50,000 $100,000 Property Damage Limit ($250 Deductible) Each Accident $50.000 Total premium for JUL 21…Name a peril that is often excluded from an home or auto insurance policy. Why is the peril included in an insurance policy
- To receive coverage for bodily injury resulting from an accident with a stolen vehicle, an individual should purchase which of the following coverage? Medical payment Uninsured Motorists Bodily injury liability Property damage liabilityRenter's insurance would include coverage for: OA) earthquake damage. OB) flood damage. OC) personal property. OD) umbrella liability. OE) house and other structures.Match the following terms with the types of insurance they describe. Life Insurance Health Insurance Auto Insurance Homeowner's Insurance Renter's Insurance [Choose ] [Choose ] [Choose Protects your personal property in a rented apartment, condo, or home for circumstances; can also provide liability coverage. Protects you in the event of a car accident or theft. Covers medical expenses for illnesses, injuries, or conditions Covers losses & damages to a person's home and to assets in the home; can also provide liability coverage Provides a tax-free, lump-sum of money to your loved ones in the event of your death. [Choose ] [Choose ]
- Losses due to destruction of personal property are covered by (choose the best answer) Personal insurance Liability insurance Property & casualty insurance Umbrella insuranceWhat type of property insurance would cover injury to a repairperson on your property? A. Additional living expenses coverage B. Damage to home or property insurance cover C. Personal liability coverageuge to or loss of a dwelling and personal property of of g protects the beneficiary against the financial aspects of a traffic accident. TUSS, damage, or injury. May result in either financial gain or financial loss. 24. Financial service used to protect against loss. 25. Completion Amount of money or other services to which you are entitled under the terms of your insurance policy. Complete each statement. 26. A(n) endorsement 27. The Premium is an attachment to existing insurance coverage. is the amount the insured pays for insurance coverage. 28. The amount the insured is responsible for paying when a claim is made is the deductible 29. The process of documenting a loss against an insurance policy is called filing a(n) Claim 30. depreciation is a decrease in the value of property as a result of age or wear and tear. 31. The replacement cost minus depreciation is known as actual cash value 32. All 50 states have financial responsibility laws that require drivers to show proof of…
- Under a Personal Auto policy, an insured MUST take which of the following acts after a covered loss? Hire an appraiser to evaluate the loss Notify a public adjuster of the loss Take reasonable steps to protect the vehicle from further damage Pay any additional premiums owed on the policyThe PRIMARY function of an umbrella liability insurance policy is to provide coverage for • A. personal property damage caused by inclement weather. B. legal claims that exceed the policyholder's primary liability insurance limits. C. multiple dwellings and vehicles under a single insurance policy. D. vehicles that are either rented or borrowed by the policyholder.Homeowners insurance provides coverage for: Damages that the insured becomes legally obligated to pay because of bodily injury or property damage. Perils not named in a named peril policy. The insured's personal, nonbusiness activities that occur anywhere. Damages resulting from intentional acts of an insured.