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ECO 516-08: Insurance Basics for Teachers - U.S.A.

Assignment Three
Due Date: July 14, 2004
Main Topic: Automobile Insurance II
 
1. http://moneycentral.msn.com/articles/insure/auto/5115.asp
Read and briefly summarize the article “How to drop your auto insurance”.
 
2. http://www.iii.org/individuals/auto/
Look over the Qs and As in the “Buying a Policy and Saving Money” section and answer the following:
a. What are the four factors to consider when picking an insurance company?
b. Name some ways you can save money on auto insurance.
c. What factors influence the price of a policy?
3. http://www.ohioinsurancefactbook.org/2002/chapter1/chapter1_s.shtml
Read “Settling an Auto Insurance Claim” and answer the following:
a. There are several actions that are necessary at the crash scene.
1. What is your first responsibility?
2. What information should be obtained at the accident scene?
b. There are certain responsibilities that must be completed after the crash. What are they?
c. What should you do if you suspect the other driver does not have insurance coverage?
d. List the claims-settling tips.
4. http://www.insure.com/auto/collision
This is an interactive tool that evaluates car crash performance. Enter a car model and year and report the results.
 
5. Review the lesson plan, Automobile Insurance – Rights and Responsibilities.
 
6. For this assignment, respond to the questions above and evaluate the lesson plan.
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