Insurance Basics: Automobile –
Assessment questions and answers with
solutions 2025/2026
Which of the following types of insurance covers costs if an individual is
involved in a car accident with an uninsured driver? - ANSWER
Uninsured motorist protection
Which of the following types of insurance is required when a car is
financed or leased? - ANSWER Property damage liability
Automobile insurance is often required by which of the following types
of laws? - ANSWER National Traffic and Motor Vehicle Safety Act
An imported car costs more to insure because it has more expensive
replacement parts. Considering this example, the insurance price is
affected by which of the following factors? - ANSWER Vehicle type
Which of the following types of insurance is applied when the
policyholder damages the property of another person? - ANSWER
Property damage liability
Assessment questions and answers with
solutions 2025/2026
Which of the following types of insurance covers costs if an individual is
involved in a car accident with an uninsured driver? - ANSWER
Uninsured motorist protection
Which of the following types of insurance is required when a car is
financed or leased? - ANSWER Property damage liability
Automobile insurance is often required by which of the following types
of laws? - ANSWER National Traffic and Motor Vehicle Safety Act
An imported car costs more to insure because it has more expensive
replacement parts. Considering this example, the insurance price is
affected by which of the following factors? - ANSWER Vehicle type
Which of the following types of insurance is applied when the
policyholder damages the property of another person? - ANSWER
Property damage liability
