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Auto Ownership and Auto Insurance
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How many weeks are in a year?
52
How many stars are on the American flag?
50
Proof that you have registered your car in the state in which you live
Registration
Pays for part of the rental cost if the rental car breaks down or is damaged in an accident.
Car rental insurance
Covers the cost of damages to other people's property if you are at fault
Property Damage
Covers bodily injury if a driver is at fault in an accident
Bodily Injury (B I )
Documents you must have with you when driving
License, Registration, Proof of Insurance
To decrease in Value
Depreciate
Insurance which covers costs if an individual is involved in a car accident with an uninsured driver
Uninsured Motorist Protection
Amount you pay monthly, quarterly, semiannually to purchas different types of insurance
Premium
Pays for repairs or replacement of your car. Banks often require you to buy this if you are financing your car
Collision Insurance
Asking for the price of insurance coverage
Insurance Quote
It's your fault if you CAUSED the accident
Negligent
Amount you must pay before you begin receiving any benefits from your insurance company
Deductible
People buy this because they cannot afford the cost of damages caused by an accident
Car Insurance
You are legally responsible
Liable
Insurance that provides protection from claims arising from injuries or damage to other people or property
Liability Insurance
Insurance covering or including everything such as vandalism, fire, flood, wind and other natural disasters. Also covers car theft.
Comprehensive
A request for money for repairs to damaged car
Claim
Pays for towing or road service when your car is disabled
Emergency Road Service Insurance
Moving Violation
The act of doing something illegal while driving such as speeding or reckless driving
Lease
To rent for a specified amount of time