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Objective The purpose of this activity is to differentiate among the types of auto insurance coverage and compare the costs of auto insurance, given different

Objective

The purpose of this activity is to differentiate among the types of auto insurance coverage and compare the costs of auto insurance, given different vehicles, deductibles, and coverage policies.

Directions

Examine the three insurance quotes below and answer the following questions. Use the internet to look up terms you dont know.

1. How old is the driver? ____________

2. Does this person have a good driving record?

Yes

No

3. How can you tell?

4. What does P.I.P. stand for, and what does it cover?

5. Explain the difference between uninsured and underinsured.

6. What discounts is this driver getting?

7. Why is there a price difference between quote 1 and quote 2?

8. How could this driver save money on quote 2?

9. What is the dollar amount difference in premiums between quote 2 and quote 3? _______________

10. Why is there a significant difference between quote 2 and quote 3?

11. What broad conclusions can you make from examining the three quotes?

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