Insurance.

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Presentation transcript:

Insurance

Insurance – financial protection against possible loss. Types of insurance: - car - house -health - life - employment - disability - travel - mortgage

Car insurance -Required everywhere in Canada , its illegal to drive without it - Proof of insurance is the pink slip - it must be shown to the police if requested - the more expensive the car the more the insurance premiums. - the better your driving record the lower your insurance premiums will be

Making car insurance less expensive 1. drive safely 2. chose a safe vehicle 3. Drop any unnecessary portions of your insurance 4. Increase the deductible 5. shop around

Discuss: What is irreplaceable? - in a fire - in an accident Should insurance be manditory?

Reducing the Risks of Car Theft 1. don’t leave car unlocked 2. don’t leave keys in car 3. keep a photo of your car in a safe place 4. use the theft alarm 5. don’t leave valuables in car in plain view 6. park in well lit areas 7. mark anything that can be removed with a vehicle id

How not to buy a lemon

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