Question 1

which choice is the correct statement about "comprehensive" insurance?

a. comprehensive insurance covers just collisions with a lot of cars at once.
b. comprehensive insurance provides you coverage for both collision and physical damage.
c. comprehensive insurance includes health insurance for diseases along with collisions.
d. comprehensive insurance can't you if you are driving in an area with both a lot of accidents and a lot of crime.
question 2

if i make a lot of claims on my insurance, my insurance cost will probably go up.

true.
false.
question 3

what are some of the obligations you must fulfill for an insurance policy to be in effect?

a. you need to make your insurance payments on time.
b. you must be accurate and truthful in giving insurance companies any information.
c. both a and b.
d. none of the above.
question 4

what is collision insurance?

a. collision insurance will cover all damages if you have a head-on accident with another vehicle.
b. collision insurance is the coverage your insurance company gives you that only covers physical damage to a vehicle. collision insurance usually has a "deductible" which means that the company will not pay 100% of damages.
c. collision insurance covers the hospital bills.
d. collision insurance is only for customers who get into many accidents.
question 5

all insurance companies charge the same rates for insurance coverage.

true.
false.
question 6

what is an insurance "deductible"?

a. the amount of damages you are liable for in the case of an accident.
b. the amount deducted from your payment every month.
c. the amount the insurance company will give you for a new car.
d. an insurance deductible is what you pay yearly for car insurance if you don't have accidents.
question 7

what is an insurance policy?

a. an insurance policy is a document that always takes all the risk away from you.
b. an insurance policy is a document that tells you what you must pay for insurance coverage and what the insurance company is - and is not - covering.
c. it's a document that tells you what to do when driving your car.
d. it's a document that tells you how to invest your money.
question 8

what is the purpose of insurance?

a. the purpose of insurance is to make you spend money.
b. the purpose of insurance is to lower your risk.
c. the purpose of insurance is to you keep from worrying as much about some unexpected events.
d. both b and c.
question 9

life insurance can be most valuable in which of these cases?

a. if you die prematurely.
b. if you get sick.
c. if you worry all the time.
d. both b and c.
question 10

it is always smart to compare insurance costs between different companies. insurance agents are usually good people. but remember that the job of insurance agents at most companies is to sell you their insurance policies. their job is not to tell you that another company has a better and less-expensive policy.

true.
false.
question 11

what are some of the factors that would influence your insurance costs?

a. whether you are male or female.
b. where you live.
c. the type of car you drive.
d. all of the above.
question 12

in which cases does property insurance normally give you coverage?

a. fire.
b. flood or other weather damages.
c. theft.
d. all of the above.
question 13

some insurance usually has a higher price for younger people because younger people have more accidents.

true.
false.
question 14

health insurance is designed to cover some or all of your expenses related to accidents and some health issues.

true.
false.
question 15

which actions will many insurance companies take if you receive a dui?

a. if you get a dui, the insurance company can raise your insurance rates or cancel your insurance.
b. if you are insured on your parents' insurance policy, the insurance company might raise your parents' rates on their car insurance and even on their home insurance.
c. both a and b.
d. none of the above.