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Car Insurance PowerPoint PPT Presentation

Car Insurance. Standard Coverage Liability Insurance. Liability insurance is required by the state to cover loss caused by the driver. ...

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Car Insurance

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Car insurance l.jpg

Car Insurance


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Standard Coverage – Liability Insurance

Liability insurance is required by the state to cover loss caused by the driver.

Insures the driver for the cost of any damage or injury caused to someone else because of an accident.


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Understanding the Numbers

Liability insurance is described by three numbers, such as 50/100/25.

These numbers refer to the limits of liability coverage provided. 50,000 bodily injury to a single person, 100,000 bodily injury for all injured in one accident, and 25,000 property damage.


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Other coverage includes (insures the driver and their occupants);

Medical Payments

Uninsured or underinsured motorist

Collision

Comprehensive

towing

glass

rental

emergency roadside assistance


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Factors Influencing Cost of Insurance

Grades in School

Past Driving Record

Credit History

Type of Vehicle Insured


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