Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
18 Cards in this Set
- Front
- Back
|
How are you financially covered while you have a learner's permit?
|
parent's policy
|
|
|
What is the required minimum liability coverage in VA for the bodily injury/death of one person?
|
25,000 dollars
|
|
|
What is the required minimum liability coverage in VA for the bodily injury/death of two or more people?
|
50,000 dollars
|
|
|
What is the required minimum liability coverage in VA for property damage?
|
20,000 dollars
|
|
|
When must you show proof of financial responsibility?
|
-are asked for it by a police officer
-have a collision -register your vehicle or renew its plates |
|
|
What are the penalties for driving without "proof of financial responsibility"
|
-$500 fine
-suspension of your diver's license -suspension of your vehicle's registration -higher insurance premium for the next 3 years -if you caused the crash you are responsible for other people's medical expenses |
|
|
What does liability insurance pay for?
|
-other people's medical expenses
-other people's auto repairs -property damage -you |
|
|
What does liability insurance cover?
|
-you
-your family -others driving with your permission |
|
|
What does medical insurance pay for?
|
-medical expenses
-funeral expenses |
|
|
Is medical insurance required?
|
YES
|
|
|
What does collision insurance pay for?
|
-your car repair
-your car replacement -your car, regardless of which driver was at faul |
|
|
What does collision insurance cover?
|
-your car, regardless of which driver was at fault
|
|
|
Is collision insurance required?
|
YES
|
|
|
What does comprehensive insurance pay for?
|
-car repair or replacement after fire
-hail storm -theft or other non-collision event -rental car after theft |
|
|
What does comprehensive insurance cover?
|
-actual cash value of your car
|
|
|
Is comprehensive required?
|
NO
|
|
|
Which gender has higher insurance rates?
|
male
|
|
|
What are three factors that determine your insurance rates?
|
-age/annual mileage
-GPA of 3.0 -cars with automatic daytime running lights |
