Collision insurance may be required if you are financing the vehicle. - ANSTrue
How much is the uninsured motorist fee? - ANS$500
If you fail to pay your automobile insurance premium on time, the insurance company
_________. - ANSMust give you 10 days notice and then may cancel your policy.
Insurance that pays others for the cost of a crash you caused is called _____________. -
ANSLiability insurance
A vehicle that catches on fire is covered by ______________. - ANSComprehensive insurance
It is always a good idea to call the police if you are involved in a crash. - ANSTrue
Which of the following may reduce your insurance premium? - ANSGood grades, if you drive
less than 7500 miles per year
Most insurance companies will lower your premiums if you have had a good driving record. -
ANSTrue
If your vehicle is stolen, comprehensive insurance will pay for you to replace it with a
comparable vehicle. - ANSTrue
Statistically, young driver have more crashes tan older, more experienced drivers and therefore
their insurance premiums are higher. - ANSTrue
Assigned risk drivers pay lower premiums for insurance then other drivers. - ANSFalse
You become an assigned risk driver when _____. - ANSNo insurance company will voluntarily
insure you
The type of insurance which pays for the replacement or repair of your vehicle following a crash
in which you are at fault is _____________. - ANSCollision insurance
Financial responsibility law can be satisfied with ____________. - ANSLiability insurance
When involved in a crash, you should to get names, addresses, registration numbers and
insurance information from everyone involved in the collision. - ANSTrue
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