Question

question 2 (8 points)
match the following terms with the correct definition/description

column a
1 \t_____ liability coverage
2 \t_____ out of pocket cost
3 \t_____ personal injury protection
4 \t_____ collision coverage
5 \t_____ comprehensive coverage
6 \t_____ copay
7 \t_____ coinsurance
8 \t_____ uninsured/under - insured motorist coverage

column b
a \tthis provides coverage for you and your vehicle if another person is at fault for an accident but does not have enough (or any) insurance
b \tthis is also know as
o fault\ insurance. it covers your medical expenses no matter who is at fault
c \tany costs not covered by the insurance company is considered a cost to you
d \tthis is coverage that you legally have to have to drive a vehicle. it provides coverage for other’s bodily injury and property damage if you are at fault
e \tthis provides coverage for your vehicle if something happens to your vehicle due to no fault of your own. things like natural disasters, theft, and vandalism
f \tthis provides coverage for your vehicle if you are at fault for an accident
g \tthis is a flat rate you pay per doctors visit
h \tthis is a percentage you are responsible for if receiving special services starting your doctor’s visit, like x - rays

Explanation:

1. Liability Coverage: Legally required, covers others' injury/damage if you're at fault (matches d).
2. Out of Pocket Cost: Costs not covered by insurance (matches c).
3. Personal Injury Protection: "No Fault" insurance, covers medical expenses (matches b).
4. Collision Coverage: Covers your vehicle if you're at fault (matches f).
5. Comprehensive Coverage: Covers vehicle for non - fault events (matches e).
6. Copay: Flat rate per doctor visit (matches g).
7. Coinsurance: Percentage you pay for services (matches h).
8. Uninsured/Under - insured Motorist Coverage: Covers you if another is at fault but under/uninsured (matches a).

Answer:

1. d. This is coverage that you legally have to have to drive a vehicle. It provides coverage for other’s bodily injury and property damage if you are at fault.
2. c. Any costs not covered by the insurance company is considered a cost to you.
3. b. This is also know as "No Fault" insurance. It covers your medical expenses no matter who is at fault.
4. f. This provides coverage for your vehicle if you are at fault for an accident.
5. e. This provides coverage for your vehicle if something happens to your vehicle due to no fault of your own. Things like natural disasters, theft, and vandalism.
6. g. This is a flat rate you pay per doctors visit.
7. h. This is a percentage you are responsible for if receiving special services starting your deductibles met, like x - rays.
8. a. This provides coverage for you and your vehicle if another person is at fault for an accident but does not have enough (or any) insurance.