ECONOMICS
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ben’s truck is crushed by a hit-and-run driver. Scott is hit by an uninsured driver. How will they receive payments?
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State motorist coverage
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Uninsured or no-fault motorist coverage
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Insolvent motorist coverage
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Auto liability coverage
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Explanation:
Detailed explanation-1: -Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.
Detailed explanation-2: -Casualty insurance includes vehicle insurance, liability insurance, and theft insurance. Liability losses are losses that occur as a result of the insured’s interactions with others or their property.
Detailed explanation-3: -What is something you should NOT do in the case of a collision? You should not say “I’m sorry” after a collision, as it could be used against you in court as an admission of guilt.
Detailed explanation-4: -Health Care Coverage. Automobile Insurance. Homeowners’ Insurance. Insurance against fire. Insurance for Travel.
There is 1 question to complete.