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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sunny asked:


My insurance called me yesterday and informed me that they would be cancelling my insurance because I have rented my house to a group of students. They gave me two weeks to find new insurance before they cut me off. I’m having trouble finding someone who will insure us. If they cut my insurance, my bank will cancel my mortgage, and I guess that means I’d lose the house. Is this insurance company allowed to drop me in this manner. When we got the insurance two months ago there was nobody living in the house, but it was rental insurance. We never lied or anything, we were completely honest through the whole process.

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