7+Insurance



**Insurance Basics Prezi Assignment**

Create a Prezi presentation to inform others of ways to reduce common risks faced by high school students. Make sure you include the following information:


 * Define Risk
 * Give several examples of risks (some that are low, medium and high)
 * Discuss the ways to deal with risks (Avoid, Assume, etc.)
 * Give examples of how you can protect risk with insurance
 * Use pictures to illustrate your points
 * Include a video
 * Embed the presentation on your PFF Wikispace page

= =

= OH NO! It's a good thing I have AUTO INSURANCE! =



=The Components of Automobile Insurance=

> People costs (medical expenses, lost wages, pain and suffering) > Things (other cars and property) > Covers medical expenses resulting from accidents with your vehicle > Extends MedPay to include lost wages rehabilitation services, funeral costs and services, such as childcare, that you may be unable to perform due to injuries from a covered accident. > Covers expenses if the at fault driver does not have coverage > Covers expenses when the at fault driver does not have enough coverage > Compensates you for physical damage to your car, including theft, vandalism, natural disasters > Pays for damage to your vehicle in case of collision
 * 1) **Bodily Injury Liability** - $25,000 per person; $50,000 per crash
 * 1) ** Property Damage ** **Liability** - $20,000 per crash
 * 1) **Medical Payments** (MedPay)
 * 1) **Personal Injury Protection (PIP)** - $15,000 per person
 * 1) **Uninsured Motorist** - $25,000 per person; $50,000 per crash for bodily injury
 * 1) ** Underinsured Motorists **
 * 1) **Comprehensive**
 * 1) ** Collision **

Some Unusual Situations



Go to ProProfs Quiz Maker. Set up a free account.

 * 1:** Create your own 10 question quiz called "How Insurance Rates are Set." Take these factors into account.


 * Age
 * Gender
 * Marital Status
 * Personal habits (like smoking, etc.)
 * Type/frequency of vehicle use
 * Geographic location (urban vs. rural)
 * Number/kind of moving violations
 * Accidents
 * Number of years insured with company
 * Damage/repair record of your vehicle
 * Theft record of your vehicle
 * Age of car


 * 2:** Also add 5 essay type questions in which you give an accident scenario and the quiz taker must identify the type(s) of insurance that will come into play.


 * 3.** Embed Quiz on your Wikispace page.
 * 4:** Take at least two of your classmate's quizzes and prove your accomplishment to me.