1. CHAPTER 38 VEHICLE INSURANCE

2. ECONOMIC RISKS OF OWNING A CAR Personal Injury 1. Bodily Injury Liability Ex. 250/500 2. Medical Payments 3. Uninsured/Underinsured Property Damage Coverage 1. Property Damage Liability 2. Collision Insurance 3. Comprehensive

3. BUYING AUTOMOBILE INSURANCE What variables do insurance companies look at when determining rates? How can you reduce your costs Shop AROUND!!

4. INSURING OTHER VEHICLES Need same type of insurance for other vehicles as well For example: motorcycles, RVs, snowmobiles In general, the larger and more expensive the vehicle the more expensive the insurance rates will be

5. VEHICLE INSURANCE LAWS OHIO--Financial Responsibility Law requires proof of financial responsibility not insurance… Pamphlet has details…make sure you have it for test!!