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Page 1: Car Insurance Terms to know: Terms to know: Financial Responsibility Laws Financial Responsibility Laws Premium Premium Deductible Deductible.

Car Insurance

Terms to know: Financial

Responsibility Laws Premium Deductible

Page 2: Car Insurance Terms to know: Terms to know: Financial Responsibility Laws Financial Responsibility Laws Premium Premium Deductible Deductible.

Types of Car Insurance Liability Insurance

Bodily Injury Liability Insurance

Property Damage Liability Insurance

Uninsured Motorist/Underinsured Motorist Insurance

Collision Insurance Comprehensive Insurance Medical Payments

Insurance Towing Insurance Rental Insurance

Page 3: Car Insurance Terms to know: Terms to know: Financial Responsibility Laws Financial Responsibility Laws Premium Premium Deductible Deductible.

How do they determine your rates?

Based on statistics Look at the following

categories: Driving Record Age Miles Driven Driver Gender Marital Status Type of Vehicle Where You Live and Drive Driver’s Claim Record

Page 4: Car Insurance Terms to know: Terms to know: Financial Responsibility Laws Financial Responsibility Laws Premium Premium Deductible Deductible.

Ways to reduce your premiums

Good Student Discount

Good Driver Discount Multiple Policies Safety Features/Anti-

Theft Devices


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