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Auto Insurance

Auto Insurance

Worksheet • 30 min of learning
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Here's how Auto Insurance aligns with curriculum standards in Washington DC. Use the filters to change the location, set of standards, and grade level.

Managing Risk

Knowledge Standards

MR.K.1: Explain why some types of insurance coverage are mandatory.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Auto Insurance
Students will identify the minimum auto liability insurance required in Washington, DC and whether it is sufficient to cover typical auto accident financial losses.
Students will describe why most states mandate auto liability coverage.

MR.K.3: Explain different auto, homeowners and renters insurance reimbursements to policyholders for financial losses to their covered property and the costs of legal liability for their damages to other people or property.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Auto Insurance
Students will explain the primary types of losses covered by auto, homeowners and renters insurance policies.

Skills Standards

MR.S.1: Analyze the factors that influence insurance premiums including copayments and deductibles and determine the costs and benefits of plans with different costs.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Auto Insurance
Students compare the pros and cons of buying an insurance policy with a higher deductible.
Students will research factors that result in lower insurance premiums.