AO - Auto Insurance Lesson

Auto Insurance

Introduction

A car purchase is a big deal! Usually, cars come with a high price tag that you may be paying off for quite some time. With this being the case, we want to make sure that our car is protected!

What happens if someone backs into your car and damages it? What if someone tries to steal your car and breaks a window? What if the vengeful neighborhood cats sneak into your car and use the seats as a scratching post?

Ok, maybe not that last one, but we do want to be prepared for these situations because they can definitely happen. This is what auto insurance is for! It will protect you from high repair costs due to accidents, theft or sneaky animals. 

In Your Notebook: You may know some insurance vocabulary already. Take your best shot with the following vocabulary. If you are unsure, take an educated guess. Write down the vocabulary words and definitions that you may not have known in your notebook.

 

In Your Notebook: Please take down important notes, such as formulas, and attempt the practice examples on your own before viewing the solutions!

Insurance Quotes Tabbed Activity

Insurance companies offer quotes to customers to explain the coverage and cost of services. There are many options that a customer can choose. Anytime you are dealing with insurance, there is a bit of risk involved. You wouldn’t want to purchase coverage that you’ll never use, but you’ll also want to be careful to not leave out coverage that you’ll definitely need!

Quotes are calculated using insurance tables and your driver-rating.

 If you found any of these problems challenging, here is a video that will go over some of the answers. 

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