| A | B |
|---|
| Which vehicle insurance protects you from claims of injury or property damage to others in case you're held responsible for an accident? | liability |
| Which of the following refers to insurance that covers your own vehicle in case of an accident? | collision |
| The higher your deductible, the lower this is. | your premium |
| Which insurance covers damage to a policyholder's vehicle caused by falling objects or vandalism? | comprehensive coverage |
| Which of the following is a request for payment form an insurer for any damages covered by a policy? | claim |
| seller of insurance | insurer |
| buyer of insurance | policyholder |
| covers damage to your own vehicle | collision insurance |
| covers damage to another's vehicle | property damage liability |
| decline in value of a car due to use | depreciation |
| covers floods and theft | comprehensive insurance |
| cost of insurance policy | premium |
| how much a car is worth used | actual cash value |
| requires you to pay for damages you caused | financial responsibility law |
| requires you to have insurance | compulsory insurance law |
| A means of protection from financial loss, a form of risk management used to financially protect against the risk of a contingent or uncertain loss. | Insurance |
| A document containing the terms and conditions of a contract of insurance. | Policy |
| The amount of money a person has to pay for covered insurance services before their insurance policy begins to pay. | Deductible |
| Protects the policyholder from being in an accident with a driver who is at-fault and doesn’t have insurance. | Uninsured Motorist Coverage |
