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What is an insurance premium?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Which term refers to an arrangement where you are responsible for paying a percentage of covered medical expenses after your deductible is met?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Insurance companies make money by...
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Your renter's insurance policy costs $20/month and has a $1,000 deductible. A thief breaks into your apartment and steals your $800 TV set. How much would your insurance company owe you?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Which of the following statements is TRUE about auto insurance premiums?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Which of these factors will have the LEAST impact on how much you pay for auto insurance?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Which of these is NOT considered an out-of-pocket expense?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
Which automobile policy do you believe will have the highest premium (all other factors being equal)?
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Whether you were born in the US
Your monthly premium
Auto policy with $250 deductible
$0
Collecting more in premiums than they need to pay out each year
Your monthly payment to your insurer, regardless of whether you use any services
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