General Insurance Homework Page 540

General Insurance Homework Page 540 - General Insurance...

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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. b.
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General Insurance Homework Page 540 - General Insurance...

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