Vehicle Insurance 18

Question 1

1. What does BODILY INJURY cover?

Answer 1

a. If you injure or kill someone in an accident
b. FL requires 10K per person, 20K per occurrence
c. Any expenses not covered by the insurance company are charged to you, and your wages could be garnished if you don’t have the assets to cover the expense

Question 2

2. PROPERTY DAMAGE LIABILITY

Answer 2

a. Pays for the repair of someone else’s car, home, or property in the case of an accident
b. The 10K minimum is a joke, as the average price of a car is over $32K

Question 3

3. PERSONAL INJURY PROTECTION

Answer 3

a. Covers your OWN medical bills and lost wages in the event of an accident
b. BODILY INJURY covers the other person, PERSONAL INJURY PROTECTION covers you

Question 4

4. MEDICAL PAYMENTS

Answer 4

a. It is the option to basically increase the coverage of your PERSONAL INJURY PROTECTION MINUS the lost wagers part.
b. It is extra money for X rays, surgeries, and ambulance rides WITHOUT having to wait for the results of a lawsuit or investigation

Question 5

5. UNINSURED MOTORIST BODILY INJURY

Answer 5

a. You’re basically buying insurance for every other driver on the road.

Question 6

6. COLLISION INSURANCE

Answer 6

a. If you hit another person’s car, it is called COLLISION INSURANCE.
b. It replaces or repairs your car if you get into an accident
c. It is VERY EXPENSIVE.

Question 7

7. COMPREHENSIVE INSURANCE

Answer 7

a. Covers everything else; 
Fire
Flood
Theft
Falling objects
Vandalism
Hail
Malicious mischief
Civil commotion
Earthquake
Water damage
Lighting
Larceny
Damage caused by flying  objects.

b. IT IS SUPER CHEAP

Question 8

8. VERY IMPORTANT COVERAGES:

Answer 8

a. BODILY INJUR

B. PROPERTY DAMAGE

Question 9

9. The most expensive part of car insurance is:

Answer 9

COLLISION