What age group pays the highest car insurance rates? a.drivers under 25 b. drivers over 40
a.drivers under 25
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15
True or False. A higher deductible usually results in a lower premium.
True
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gift
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15
It is the amount you pay out-of-pocket before insurance kicks in. a. deductible b. insurance cost
a. deductible
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10
What is car insurance? a. A contract between you and an insurance company to protect against financial loss in case of accident. b. Something you pay to the car dealer to keep the vehicle.
a. A contract between you and an insurance company to protect against financial loss in case of accident.
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15
On average, how many car accidents occur in the U.S each year? a. under 6 million b. over 6 million
b. over 6 million
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15
What is the term for the amount you pay monthly, quarterly, or annually for insurance coverage? a. insurance payment b. premium
b. premium
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15
True or False. Red cars cost more to insure
False. Insurance rates are based on the car's make, model, and safety features, not its color.