Geico Knowledge Flashcards
7 cards from real Geico Assessment Test practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Geico Knowledge flashcards as text
Which of the following is NOT a typical type of coverage offered in an auto insurance policy?
Answer: Mortgage coverage
Mortgage coverage relates to home loans, not auto insurance policies.
In insurance, what is a 'deductible'?
Answer: The amount the policyholder pays before insurance covers the rest
A deductible is the out-of-pocket amount the policyholder pays before the insurer covers the remaining cost of a claim.
What is a 'premium' in insurance terms?
Answer: The payment made to keep a policy active
A premium is the amount a policyholder pays, often monthly or annually, to maintain coverage.
Liability coverage in an auto policy primarily protects against what?
Answer: Costs when you are at fault for others' injuries or property damage
Liability coverage pays for injuries and property damage you cause to others when you are at fault.
Besides auto, GEICO also offers policies for which of the following?
Answer: Homeowners and renters insurance
GEICO offers a range of products including homeowners, renters, motorcycle, and umbrella insurance.
What is comprehensive auto coverage designed to pay for?
Answer: Non-collision damage like theft, fire, or hail
Comprehensive coverage handles non-collision losses such as theft, vandalism, fire, and weather damage.
Which factor commonly affects an auto insurance premium?
Answer: The policyholder's driving record
Driving history, including accidents and violations, is a major factor in determining premiums.