Car Insurance - PowerPoint PPT Presentation

Symonds
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Car Insurance

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  1. Car Insurance

  2. 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.

  3. 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.

  4. Other coverage includes (insures the driver and their occupants); Medical Payments Uninsured or underinsured motorist Collision Comprehensive towing glass rental emergency roadside assistance

  5. Factors Influencing Cost of Insurance Grades in School Past Driving Record Credit History Type of Vehicle Insured