General Insurance Homework Page 540

General Insurance Homework Page 540 - General Insurance...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
General Insurance Homework Page 540 Case Application a. The factors that determine auto insurance rates are take advantage of discounts, improve your driving record, maintain good credit, carry adequate liability insurance, carry higher deductibles, drop collision insurance on older vehicles, and shop around for auto insurance. b. A higher deductable should not be selected if you have limited savings and cannot pay a higher deductable if a loss occurs. c. No because then she is seriously underinsured. d. Uninsured motorist coverage is another approach for compensating injured auto accident victims. The injured person’s insurer agrees to pay the accident victim who has a bodily injury. e. Paige can reduce her premium by ? Application Questions 1. a. No, many states require the coverage to be mandatory included in all auto liability insurance policies sold within the state. In other states, coverage is included in the policy unless the insured voluntarily declines the protection by signing a written waiver.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.
  • Spring '11
  • Dr.Siam
  • auto insurance, insurance rates, Uninsured motorist coverage, Uninsured Motorist, General Insurance Homework

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern