Car Insurance - PowerPoint PPT Presentation

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Title:

Car Insurance

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

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Title: Car Insurance


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
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