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What is the type of insurance that covers bodily injury and property damage to others?

dudefornow14 asked:


1: What is the type of insurance that covers bodily injury and property damage to others?
liability
uninsured motorist
comprehensive
collision

2: What is the type of insurance that covers you when you are injured by a hit and run driver?
liability
uninsured motorist
comprehensive
collision

3: Insurance is based on the concept of ________ and __________
profit and loss
risk and loss
risk and return
profit and cars

4: Which type of insurance is usually required if you finance your car purchase?
Medical Payment Insurance
Towing Insurance
Rental Insurance
Collision and Comprehensive Insurance

5: Which of the following is not a way that a teenager can save money on insurance?
Getting on his or her parents’ policy
Getting good grades
Driving penalties
Driver experience

6: Accidents that must be reported are ?
those that caused minor damage or harm
those that have been fatal
all accidents.

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This entry was posted on Friday, November 27th, 2009 at 5:10 am and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “What is the type of insurance that covers bodily injury and property damage to others?”

  1. Contractor Insurance Decatur AL says:
    November 30, 2009 at 11:27 am

    1: liability 2: uninsured motorist 3: risk loss 4: coll comp 5: driving penalties 6: all accidents (according to the NYSDMV)

  2. says:
    December 2, 2009 at 1:24 am

    I didn’t study for this test (haha)

    1-Liability
    2-Uninsured motorist if you were a pedestrian
    Collision if it’s a hitrun in your car
    3-Risk Loss
    4-Comp Collision
    5-Driving penalties
    6-All of them

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