Personal Finance – 12/20/2016

I.  Bellwork

A) Nabil has a vehicle registered in Michigan an is driving in Ohio. He runs off the road and hits a fence causing $12,000 in damage.

1. Which coverage under no-fault insurance is responsible for the claim?
2. How much is covered? Explain

B) Raneem drives her car into the side of a business causing $20,000 of damage to the building. She also hits a car that is parked illegally next to the building causing $5000 in damage to the other person’s car.

1. Which coverage under no-fault insurance is responsible for the claim?
2. How much is covered?  Explain

II.  Objectives

Content OBJ: examine the types of optional auto insurance coverage available and analyze the protection they provide.

Lang OBJ: read the details relating to optional auto insurance coverage and evaluate scenarios to determine what is covered under these policies.

III.  Discussion/Notes

• Other Types of Insurance Collision & Comprehensive
  • Optional Auto Insurance Coverage

IV.  Classwork

A) Insurance on iLearn

• 2 Optional Auto Ins. Coverage
• A.3 No-Fault and Optional Insurance

Personal Finance F2016