Stock Market Analysis and Personal Finance

Mr. Bernstein

Motor Vehicle Insurance, pp 430-437

June 8, 2015

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Stock Market Analysis & Personal Finance Mr. Bernstein

Motor Vehicle Insurance Coverage: Typical liability coverage: 100/300/50

(max per person/max total, all persons/max property damage)

Bodily Injury Liability: covers physical injuries caused by you

Medical paymentsUninsured motorist protection

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Stock Market Analysis & Personal Finance Mr. Bernstein

Motor Vehicle Insurance Coverage: Typical liability coverage: 100/300/50

(max per person/max total, all persons/max property damage)

Property damageCollision: regardless of fault, can be one-car accidentComprehensive: Non-accident event such as fire, theft, vandalism, hail, floods, etc.

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Stock Market Analysis & Personal Finance Mr. Bernstein

Motor Vehicle Insurance Coverage: Factors in Insurance Premium Factors

Vehicle TypeRating TerritoryDriver Classification / Driving Record

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Stock Market Analysis & Personal Finance Mr. Bernstein

Motor Vehicle Insurance Coverage: Reducing Your Premium

Can 15 minutes really save you 15%?Maintain a clean driving recordDiscounts are available for driver training courses, security alarms, non-smokers, good gradesConsider insurance rates when selecting a carSome companies offer discount for “black box”