Automobile Insurance: Coverage Types

Overview

Automobile Insurance: Coverage Types is the second part of the automobile lessen unit. This lesson is designed to take 30 minutes. Students will understand why it is important to have insurance to get their car on the road. Students will understand the basic types of automobile insurance coverage types and how a deductible applies in insurance.

Objectives

The students will:

Estimate the MSRP of 3 cars

State the 3 items needed to put their car "on the road"

List at least 5 reasons they need insurance

Define basic insurance terms

Determine their insurance coverage needs and explain their choice

Time Required

30 Minutes

Materials:

To download the materials, right click and 'save target as' (PC) or hold down the option key and click the link (Mac).

 Power Point Presentation

 Automobile Insurance Coverages Worksheet

 Automobile Insurance Situations Worksheet

 Automobile Insurance Situations Worksheet - Key

Procedures:

Download/View the lesson procedures.

Assessment:

Students will also complete the Automobile Insurance Coverages Worksheet

Students will also complete the Automobile Insurance Situations Worksheet

Resources:

Linda Harrison, George Hartman, Joan Killian, Robert Lever, Gema Santos, Katherine Whittaker, Carmen Heyer, Frances Stephens

Crews, Tana B. Fundamentals of Insurance. Dubuque: South-Western, 2003