OMV Insurance Requirements 2

Question 1

What does 'liability insurance' cover in an auto policy?

Accepted Answer

Injuries and property damage you cause to others

Answer

Damage to your own vehicle

Answer

Theft of your vehicle

Answer

Medical bills for your own injuries

Question 2

If you are caught driving without insurance, which of the following is a likely consequence?

Accepted Answer

License suspension and fines

Answer

A verbal warning only

Answer

Mandatory vehicle inspection

Answer

Increase in speed limit privileges

Question 3

What is 'uninsured motorist coverage'?

Accepted Answer

Protection when you're hit by a driver with no insurance

Answer

Coverage for your car when parked

Answer

Insurance for drivers under age 25

Answer

Coverage for off-road vehicle use

Question 4

Which type of coverage pays for damage to your vehicle caused by events like hail, flood, or falling objects?

Accepted Answer

Comprehensive coverage

Answer

Collision coverage

Answer

Liability coverage

Answer

Gap insurance

Question 5

What does 'collision coverage' typically pay for?

Accepted Answer

Damage to your car from hitting another vehicle or object

Answer

Medical expenses after an accident

Answer

Roadside assistance calls

Answer

Towing after a mechanical breakdown

Question 6

What happens to your insurance policy if you fail to pay your premium?

Accepted Answer

Your coverage is suspended or cancelled

Answer

The policy remains active for one year

Answer

The insurer pays your premium for you

Answer

Your deductible is waived

Question 7

In most U.S. states, which type of insurance is legally required for all registered vehicles?

Accepted Answer

Liability insurance

Answer

Comprehensive coverage

Answer

Collision coverage

Answer

Gap insurance