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PF06.02 Shopping Terms and Definitions - Insurance

Matching Activity to help you learn transportation insurance terms

AB
liability insuranceCovers when liable or responsible for an accident where others are injured or killed
collision insurancePay for loss or damages to insured person's care due to accident
comprehension physical damage insurancePays for loss for damage not resulting from a collision --- eg. fire, theft, falling objects
no-fault auto insurancePays claims regardless of who is at fault
underinsured motoristCovers difference between liability coverage and underinsured
insurancemotorist and the amount of losses
rental reimbursementCovers costs of renting a car while yours is being repaired
premiumThe cost of insurance coverage for the term of the insurance policy
deductibleThe amount an insured person must pay before the insurance company pays on a claim


Computer Science & Technology Teacher
Union County High School
Blairsville, GA

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