2. In the space provided, write T if the statement is true, F if it is false....

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2. In the space provided, write “T” if the statement is true, “F” if it is false.

a. Financial responsibility law requires drivers to prove that they can pay for damage or injury caused by an motor vehicle accident ________ .

b. Insurance that covers physical injuries caused by a vehicle accident for which you were responsible is called uninsured motorist protection ________ .

c. Motor vehicle liability coverage is usually expressed by three numbers, 100/300/50 ________ .

d. The first two numbers in 100/300/50 refer to the limit for payment for damage to the property of others ________ .

e. Uninsured motorist protection is insurance that covers you and your family members if you are involved in an accident with an uninsured motorist or hit-and-run driver ________ .

f. Collision insurance covers damage to your vehicle when it is involved in an accident ________ .

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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