1. INSURANCE what you need to know

2. Car Insurance Deductible – How much you have to pay before the insurance company begins to payDeductible – How much you have to pay before the insurance company begins to pay –Typical deductible is $500 Liability – Covers damage to someone else and their car (minimum coverage by law) Comp & Collision – Covers your car and injuries (full coverage)

3. Car insurance Things you can adjust:Things you can adjust: –Deductibles: $250, $500, $1000, $5000 –Coverage: you can change the maximum amounts that the insurance company will pay for each accident ( the lower the amounts, the lower you pay a month) –Rental car –Glass

4. Websites Allstate.com – Use the Ballpark figureAllstate.com – Use the Ballpark figure Progressive.comProgressive.com Geico.comGeico.com

5. Health Insurance Terms to know:Terms to know: PPO – You can go to any doctor you wantPPO – You can go to any doctor you want HMO (network) – must choose a doctor from their list or you’ll pay extraHMO (network) – must choose a doctor from their list or you’ll pay extra DeductibleDeductible Co-pay – How much you will have to pay for an office visit, ERCo-pay – How much you will have to pay for an office visit, ER Coinsurance – What % you will have to pay after your deductibleCoinsurance – What % you will have to pay after your deductible Typical is 20%Typical is 20%

6. Coinsurance If your deductible is $1000 and coinsurance is 20%If your deductible is $1000 and coinsurance is 20% –You pay the first $1000 and then 20% of everything else up to a certain amount, usually another $1000. –This means you will pay up to $2000 if you have to go to the hospital Easiest website is ehealthinsurance.com