Auto insurance What is ?. Auto insurance provides a measure of financial protection in the event of a car accident.

Slides:



Advertisements
Similar presentations
Unit 11 Insurance North Carolina Driver and Traffic Safety Education Association 1 INSURANCE UNIT 11.
Advertisements

G1 © Family Economics & Financial Education – Revised February 2009– Transportation Unit – Automobile Insurance Funded by a grant from Take Charge.
Automobile Insurance: The Basics. What is the likelihood you will be in an automobile accident? There are more than 12 million motor vehicle accidents.
Types of Insurance Health Insurance -Fee-for-Service Plans, Health Maintenance Organizations (HMOs), Point-of-Service Plans (POS), Preferred Provider.
Are You Ready to Drive? Ask yourself…Ask yourself… –Do I have a license? –Is my car registered? –Am I covered by auto insurance?
Auto Insurance. Insurance Basics Insurance is a way of planning for the unknown Why do we need auto insurance? Accidents can be VERY expensive.
Auto Claims The at fault driver of a vehicle that damages other property or injures other people is liable for the cost of repairs. North Carolina financial.
Auto Insurance. Why It’s Needed Accidents are expensive Car theft is common It’s required by law (in most states)
Chapter 33 Vehicle Insurance pp Introduction to Business, Chapter 33 Slide 2 of 60 Why It’s Important Most states require you to have some form.
Homeowners and Auto Insurance
Vehicle Insurance Chapter 33. Types of Vehicle InsuranceLaws on Vehicle InsuranceThe Costs of Insurance Basics Bodily Injury Liability Property Damage.
Visit: What is a Car Insurance Policy and How Does It Work?  A policy is a contract between the insured (car owner.
Managing Your Personal Finance UNIT 2: GETTING YOUR FIRST CAR Topic: CAR INSURANCE.
Lines of Insurance What They Are and Why They Are Important Created in part by The Texas Department of Insurance.
Why is NJ insurance premiums the highest in the nation? Population, high car density, labor costs, lawsuits, car theft.
Insurance Your Protection. Risk The chance that something unexpected will occur. Risk Management  Various ways to deal with potential personal or financial.
UNINSURED MOTORIST How this coverage works and what a new law will mean to you. ? ?
Financial Literacy Skills Unit 4: Understanding Taxes and Insurance.
Auto Insurance.
What is Personal Risk Management?. What is Risk? Risk is the chance of loss from some type of danger. Risk is the chance of loss from some type of danger.
Financial Responsibility Your insurance protects you against financial loss that may result from a traffic crash.
Auto Insurance September 18,2014. Liability  legal term for responsibility.
NEFE High School Financial Planning Program Unit 6 – Your Money: Keeping it Safe and Secure Unit 6 - Insurance: Protecting What You Have.
Managing Your Personal Finance UNIT 3:3 GETTING YOR FIRST CAR Topic: CAR INSURANCE.
Unit Six Insurance: Your Protection. Questions to be Answered: Why have insurance? Why have insurance? What is risk management? What is risk management?
Section 22.1 ~ Objectives Common insurance terminology How to lower some insurance costs.
Automobile Insurance Managing the Risk G1 © Family Economics & Financial Education – Revised November 2004 – Transportation Unit – Automobile.
Automobile Insurance Managing the Risk G1 © Family Economics & Financial Education – Revised November 2004 – Transportation Unit – Automobile.
Insurance Protecting What You Have. ExposureRisk Potential Loss Accident or Illness PropertyOwnership Liability Loss of income from inability to work;
Presented By Andrew Aguilar, Jimmy Hickert, Megan Rokusek.
Have you ever wondered what home insurance is and why you need it ?
Buying a Car Jeopardy Final Jeopardy Car Buying Vocabulary Insurance Types of Coverage All.
NEFE High School Financial Planning Program Unit 6 – Your Money: Keeping it Safe and Secure Unit 6 - Insurance: Protecting What You Have.
Earlier this millenium, it became law that every car is required to have at least liability insurance. Liability in legal terms means being responsible.
VEHICLE INSURANCE. Why It’s Important Most states require you to have some form of vehicle insurance. To get the best value, you need to know the choices.
Driver Education Ms. Sacony and Mr. Behe Auto Insurance.
Partial lesson 13 of 36 slides Insurance Policy.
Insurance Take Charge of Your Finances G1.
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Copyright ©2004 Pearson Education, Inc. All rights reserved. Chapter 2 Auto and Homeowner’s Insurance.
Auto Insurance Information Mr. Blais Law and You.
Jessica, Shelby, Brittany & Allie. Bodily Injury Liability Coverage- protects you against financial loss when you are responsible for injuring other people.
Objective Interpret the nature, theory, and different types of insurance Automobile Insurance AUTOMOBILE INSURANCE.
AUTO INSURANCE INSURANCE= GUARDS AGAINST BIG LOSSES.
Agribusiness Library LESSON L060084: VEHICLE INSURANCE.
V EHICLE I NSURANCE Chapter 14, A BOUT THE R ISKS  All states have a financial responsibility law. This means you will be held responsible for.
NEFE High School Financial Planning Program Unit 6 – Your Money: Keeping it Safe and Secure Unit 6 - Insurance: Protecting What You Have.
Managing the Risk G1 © Family Economics & Financial Education – Revised February 2009– Transportation Unit – Automobile Insurance – Slide 2 Funded.
Liability coverage – covers liability and expenses when you’re at fault in an accident Bodily Injury Liability (BIL) – pays for the medical expenses of.
Chapter 16 Part III Motor Vehicle Insurance. Financial Responsibility Anyone who owns or drives a vehicle should have protection against personal injury.
What is a Premium? The amount of money charged by the Insurance companies for active coverage.
Insurance 101 Personal Finance. Learning Goal To be able to define terms relating to insurance.
Insurance: Your Protection Financial Literacy Mrs. Dayley.
Automobile Insurance: The Basics. What is the likelihood you will be in an automobile accident? What is the likelihood you will be in an automobile accident?
Risk Management and Insurance: Auto Insurance. Auto Insurance Required by law in New Jersey.
Insurance 101 “Risk Management” Insurance Risk Management Protection against Financial Loss.
Auto Insurance. Objectives Students will identify the factors that affect the cost of automobile insurance Students will identify the various types of.
WHY BUY IT?? VEHICLE INSURANCE. Why It’s Important Most states require you to have some form of vehicle insurance. To get the best value, you need to.
This lesson contains 38 slides. The first 18 slides are presented here as samples…(the videos are not included in the samples)
Click here to advance to the next slide.
Car Insurance.
Automobile Insurance Managing the Risk.
Auto Insurance.
NJ CAR INSURANCE 1.
Auto Upkeep Basic Car Care, Maintenance, and Repair (2nd Edition)
* Take Charge of Your Finances G1
4-3 Automobile Insurance
Insurance: Your Protection
Automobile Insurance: The Basics
Automobile Insurance: The Basics
Presentation transcript:

Auto insurance What is ?

Auto insurance provides a measure of financial protection in the event of a car accident.

If you cause a car accident you could be liable for thousands of dollars in car repairs, legal fees and medical bills.

Auto insurance coverage can pay for some or all of your accident related expenses depending on how much coverage you have purchased.

Most states require some form of auto insurance or financial responsibility if you are to drive legally. The minimum auto insurance required by your state usually does not cover your expenses resulting from an accident you cause.

Collision auto insurance covers your medical bills and damage to your vehicle resulting from an accident you cause.

If you did not cause the auto accident you may not need to use your auto insurance unless the driver is uninsured or underinsured.

Auto insurance also covers anyone you let drive your car as long as they have a valid drivers license.

Auto insurance rates are not just determined using your driving record. A variety of factors goes into deciding how much you pay for auto insurance and these factors are different at each insurance company.

Comparing auto insurance rates for at least three companies is a good start to saving money.

Find affordable auto insurance by comparing quotes using 2insure4less.com 2insure4less.com

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.