Suggested Lesson Plan to use with this Worksheet
Review with students standard car insurance
coverage, and basic liability insurance (see below). Use the car insurance worksheet to help students identify
some of the factors when looking at car insurance coverage.
Standard Coverage - Liability Insurance
The most important auto insurance coverage to
understand is standard coverage. Standard coverage includes
liability insurance, which is the type of
insurance most often required by states. Liability insurance insures the
individual for the the cost of any damage or injury that is caused
to someone else during an accident. The amount of insurance
coverage required by states is often minimal, so it is often
recommended to get additional insurance, depending upon your own
personal circumstances and budget.
How Liability Insurance is Described
Liability insurance is often described by three
numbers, such as 50/100/25. These numbers refer to the
amount of liability insurance coverage. 50/100/25 coverage,
includes $50,000 of bodily injury to a single individual, $100,000
of bodily injury caused to everyone in an accident, and $25,000
of property damage.
Use the worksheet below to help compare
different sample auto insurance monthly rates, and to reinforce
insurance terminology.
Discussion questions:
What other factors may we look at when deciding
on which auto insurance provider? (Company reputation, etc).
What other types of car insurance coverage are
there? (medical payments insurance, underinsured and uninsured
motorist insurance, collision insurance, comprehensive auto
insurance, auto towing, auto glass, rental insurance, emergency
roadside assistance).
Vocabulary: Liability insurance, bodily
injury liability, premium.
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