a. List the three main types of bodily injury coverage. b. In the space provided, write T

Question:

a. List the three main types of bodily injury coverage.

b. In the space provided, write “T” if statement is true, “F” if it is false.

a..

Financial responsibility law requires drivers to prove that they can pay for damage or injury caused by an automobile accident.

b.

Insurance that covers physical injuries caused by a vehicle accident for which you were responsible is called uninsured motorist’s protection.

c.

Automobile liability coverage is usually expressed by three numbers 100/300/50.

d.

The first two numbers in 100/300/50 refer to the limit for payment for damage to property of others.

e.

Uninsured motorist’s protection is insurance that covers you and your family members if you are involved in an accident with an uninsured motorist or hit-and-run driver.

f.

Collision insurance covers damage to your vehicle when it is involved in an accident.

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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