a. List the three main types of bodily injury coverage. b. In the space provided, write T
Question:
a. List the three main types of bodily injury coverage.
b. In the space provided, write “T” if 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 automobile accident. |
b. | Insurance that covers physical injuries caused by a vehicle accident for which you were responsible is called uninsured motorist’s protection. |
c. | Automobile 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 property of others. |
e. | Uninsured motorist’s 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. |
Step by Step Answer:
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart