23. This insurance protects your car from direct or accidental damage done point to it. O comprehensive collison O term life O property damage 1 1 point 24. This word means that an insurance company will pay you, or makes good, for a loss you have. * O Premium face value O assigned risk O indemnify 1 point 25. A plan that lets people who have terrible driving records get needed insurance but at a high cost is called. * . O assigned risk plan O residual value plan O indemnify plan IRA Plan O depreciation plan 26. If you lower your deductible from $1,000 to $500 the money you spend 1 point for insurance will also be lower. * O True O False 1 point 27. Trey Anastasio was in a car accident and broke his arm. He had insurance coverage for $100,000 with a $5,000 deductible. If his medical $$ expenses were $30,000, how much money would his insurance company pay him through his policy for his broken arm?* 0 $100,000 O $95,000 O $30,000 O $25,000 O $0 is was his fault so he gets no money. 28. This insurance will cover you if you are responsible for damage done to point a third person's property. * O liability O collision uninsured motorist O property damage 1 point 29. You do not have to take a used car to a mechanic before you buy it because the seller will tell you all the good, bad and ugly things about it. * true false