Difference between mandatory and optional coverage

Assignment Help Finance Basics

Reference no: EM133326211

New Driver Education Campaign

Your team has been tasked with developing a 30 minute presentation to be given to a class of new drivers and new drivers to Canada as they complete their Driver's Training Course. The presentation should educate and inform the new drivers about the rules of the road and the impact of violating those regulations, as well as how insurance works.

Topics covered in your presentation should include;

1. Graduated Licensing;
Question 1: How does it work and what are the insurance implications for violating the licensing
Question 2: The impact of Driver's Training on their premiums

2. Insurance coverages;
Question 1: Explain the difference between the mandatory and optional coverage and why a new insured should understand these coverages.
Question 2: Highlight at least three (3) endorsements a new driver should consider adding to their policy.

3. The impact of accidents and tickets on your insurance premiums;
Question 1: Explain how and why fault is determined in the case of accidents involving automobiles

4. Provide at least five (5) recommendations on how a new driver could keep their premiums reasonable

Reference no: EM133326211

Questions Cloud

What is the value of this firm : Moreno Recruiting is an unlevered firm with aftertax net income of $35,400, a cost of capital of 14.1 percent, and a tax rate of 21 percent. What is the value

Semi-active factor investing strategy : BUL 431 Florida Atlantic University would you likely prefer to invest in the active manager or a semi-active factor investing strategy

What are the advantages and disadvantages of a merger : What are the advantages and disadvantages of a merger? In your response, provide an example of either - a merger that was successful, or one

Discuss about how tim obriens blend of fact and story : discuss about how Tim O'Brien's blend of "fact" and "story" compares to the blend of fact and fiction in the movie "Braveheart,". Find out about the film's use

Difference between mandatory and optional coverage : INSR 6003 Fanshawe College Explain the difference between the mandatory and optional coverage and why a new insured should understand these coverages

Explain what duree means from a bergsonian perspective : Explain what durée means from a Bergsonian perspective and how it figures in Wolfgang Schwivelbusch's analysis on the changes that came about upon

Define tax treaty and explain the importance of tax treaties : INTL 303 Centennial College Define tax treaty and explain the importance of tax treaties and Is there a tax treaty in place between Philippines and Canada

Advantages and disadvantages of corporate conglomerates : Identify the advantages and disadvantages of corporate conglomerates. Do you work in a small firm or a corporate conglomerate?

What is your interpretation of sudden prevalence of letter : what is your interpretation of the sudden prevalence of letter writing around Christmas time? Please provide a paragraph-length response of substance

User Account

All Pages