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Auto Insurance

Auto Insurance

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Here's how Auto Insurance aligns with curriculum standards in Connecticut. Use the filters to change the location, set of standards, and grade level.

Financial Literacy Standards

9.5: Managing Risk

12.2: The decision to buy insurance depends on perceived risk exposure, the price of insurance coverage, and individual characteristics such as risk attitudes, age, occupation, lifestyle, and financial profile.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Auto Insurance
12.2.a: Identify individual characteristics that influence insurance purchase decisions.
12.2.b: Recommend types of insurance needed by people with different characteristics.

12.3: Some types of insurance coverage are mandatory.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Auto Insurance
12.3.b: Discuss why most states mandate auto liability coverage.
12.3.c: Research the minimum auto liability insurance required in the state they live in and whether it is sufficient to cover typical auto accident financial losses.

12.4: Insurance premiums are lower for people who take actions to reduce the likelihood and/or financial cost of losses and for those who buy policies with larger deductibles or copayments.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Auto Insurance
12.4.a: Research factors that result in lower auto insurance premiums.
12.4.b: Explain why taking a safe driving course can lower a driver's auto insurance premium.
12.4.c: Discuss the pros and cons of buying an auto insurance policy with a higher deductible.

12.7: Auto, homeowner's and renter's insurance reimburse 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 Standards for Personal Finance: NGPF 9th-12th Grades and align with Auto Insurance
12.7.a: Explain the primary types of losses covered by auto, homeowner's, and renter's insurance policies.
12.7.b: Describe situations where someone may be liable for injuries or damages to another person or their property.