โ† All Geico Assessment Test Flashcard Decks

Geico Insurance Flashcards

7 cards from real Geico Assessment Test practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Geico Insurance flashcards as text
  1. GEICO is best known as a direct-to-consumer insurer. What does 'direct-to-consumer' mean for customers?

    Answer: Customers buy policies directly from GEICO without a local agent

    GEICO's direct model lets customers purchase online or by phone without going through an agent.

  2. A customer's car is declared a 'total loss.' What does this typically mean?

    Answer: The cost to repair exceeds the vehicle's actual cash value

    A total loss occurs when repair costs surpass the vehicle's actual cash value.

  3. Which factor generally has the LEAST impact on an auto insurance premium?

    Answer: The color of the vehicle

    Car color does not affect premiums; driving record, vehicle type, and location do.

  4. A policyholder calls upset about a denied claim. What is the best first step for a representative?

    Answer: Listen actively and acknowledge the customer's concern

    Active listening and empathy de-escalate the situation before explaining options.

  5. What does a 'deductible' represent in an auto policy?

    Answer: The amount the policyholder pays before insurance covers the rest

    A deductible is the out-of-pocket amount paid before coverage kicks in.

  6. If a customer's annual premium is $1,200 paid monthly, what is each monthly payment (ignoring fees)?

    Answer: $100

    $1,200 divided by 12 months equals $100 per month.

  7. Which coverage pays for damage to YOUR car from a collision regardless of fault?

    Answer: Collision coverage

    Collision coverage repairs your own vehicle after an accident regardless of fault.