Virginia Virginia Department of Education Virginia Virginia Department of Education Module Ten Transparencies Module Ten Transparencies Driver Responsibilities: Driver Responsibilities: Making Informed Choices Making Informed Choices Topic 1 -- -- Insuring Vehicle Insuring Vehicle Topic 1 Topic 2 -- -- Purchasing Vehicle Purchasing Vehicle Topic 2 Topic 3 -- -- Trip Planning Trip Planning Topic 3 Topic 4 – – Virginia Virginia’s ’s Conservation Concerns Conservation Concerns Topic 4 Provided in cooperation with the Virginia Department of Motor Vehicles hicles Provided in cooperation with the Virginia Department of Motor Ve
Topic 1 Lesson 1 Ownership Responsibilities Ownership Responsibilities Costs: • Insurance Costs Insurance Costs • • Purchase and Financing Costs Purchase and Financing Costs • • Maintenance and Operating Costs Maintenance and Operating Costs • • Registration and Inspection Costs Registration and Inspection Costs • T – 10.1
Topic 1 Lesson 1 Insuring a Car Insuring a Car � VA Law requires you to � VA Law requires you to provide proof of financial provide proof of financial responsibility responsibility � Your parents’ policy covers � Your parents’ policy covers you while you have a learner’s you while you have a learner’s permit permit � If you still owe money on � If you still owe money on your car, your lender your car, your lender may require collision may require collision insurance insurance T – 10.2
Topic 1 Lesson 2 Financial Responsibility Law Financial Responsibility Law $ Minimum liability coverage $ Minimum liability coverage $ Alternatives to insurance coverage $ Alternatives to insurance coverage $ Types of proof of financial responsibility $ Types of proof of financial responsibility $ When you must show proof of financial responsibility $ When you must show proof of financial responsibility $ Penalties for driving without insurance $ Penalties for driving without insurance T – 10.3
Topic 1 Lesson 2 Virginia Auto Insurance Virginia Auto Insurance Required Minimum Liability Coverage in VA Required Minimum Liability Coverage in VA � $25,000 for bodily injury / death one person � $25,000 for bodily injury / death one person � Up to $50,000 for bodily injury / death two or � Up to $50,000 for bodily injury / death two or more persons more persons � $20,000 for property damage � $20,000 for property damage T – 10.4
Topic 1 Lesson 2 Virginia Auto Insurance Virginia Auto Insurance You must show Proof of You must show Proof of Financial Responsibility Financial Responsibility when you: when you: � are asked for it by a police officer; � are asked for it by a police officer; � have a collision; or � have a collision; or � register your vehicle or renew its plates. � register your vehicle or renew its plates. T – 10.5
Topic 1 Lesson 2 Virginia Auto Insurance Virginia Auto Insurance Penalties for Driving without Proof of Penalties for Driving without Proof of Financial Responsibility Financial Responsibility � $500 fine � $500 fine � Suspension of your driver’s � Suspension of your driver’s license license Suspended Suspended � Suspension of your vehicle � Suspension of your vehicle registration registration � Higher insurance premiums � Higher insurance premiums for the next 3 years (SR- -22) 22) for the next 3 years (SR � If you caused the crash, you � If you caused the crash, you are responsible for other are responsible for other people’s losses people’s losses T – 10.6
Topic 1 Lesson 3 Virginia Auto Insurance Virginia Auto Insurance Facts on the Declaration Page of Your Policy Facts on the Declaration Page of Your Policy � The exact name of your insurance company The exact name of your insurance company � � The policy number The policy number � � Your coverage and how much it costs Your coverage and how much it costs � � Your deductibles, if any Your deductibles, if any � � The vehicles insured on the policy, their vehicle The vehicles insured on the policy, their vehicle � identification numbers and their classifications identification numbers and their classifications for rating purposes for rating purposes T – 10.7
Topic 1 Lesson 3 Virginia Personal Auto Policy Virginia Personal Auto Policy Seven Types of Coverage Seven Types of Coverage � Liability � Liability � Medical Payments � Medical Payments � Uninsured/Underinsured Motorist � Uninsured/Underinsured Motorist � Collision � Collision � Comprehensive � Comprehensive � Towing and Labor � Towing and Labor � Rental Reimbursement � Rental Reimbursement T – 10.8
Topic 1 Lesson 4 Liability Coverage Liability Coverage Pays: Pays: � Other people’s medical � Other people’s medical expenses expenses � Other people’s auto repairs � Other people’s auto repairs � Property damage � Property damage Covers: Covers: � You � You � Your family � Your family � Others driving with your � Others driving with your permission permission Required? Required? � Yes, required by Virginia law � Yes, required by Virginia law T – 10.9
Topic 1 Lesson 4 Medical Payments Coverage Medical Payments Coverage Pays: Pays: � Medical expenses � Medical expenses � Funeral expenses � Funeral expenses Covers: Covers: � You � You � Your family � Your family � Your passengers � Your passengers Required? Required? � Not required by Virginia law � Not required by Virginia law T – 10.10
Topic 1 Lesson 4 Uninsured/Underinsured Uninsured/Underinsured Motorist (UM/UIM) Coverage Motorist (UM/UIM) Coverage Pays: Pays: � Medical expenses � Funeral expenses � Car repairs � Car rental � Replacement of damaged contents Covers: (if hit by an uninsured/underinsured Covers: or hit-and-run motorist) � You � Your family � Your passengers Required? Required? � Not by Virginia law, but company must offer T – 10.11
Topic 1 Lesson 4 Collision Coverage Collision Coverage Pays: Pays: � Your car repair � Your car replacement Covers: Covers: � Your car � Regardless of driver or who was at fault Required? Required? � Not by Virginia law, but often required by the finance company that loaned you the money to buy the car T – 10.12
Topic 1 Lesson 4 Comprehensive Coverage Comprehensive Coverage Pays: Pays: Car repair or replacement after: � fire � hailstorm � theft or other non-collision event � rental car after theft Covers: Covers: � Actual cash value of your car Required? Required? � Not by Virginia law, but often required by car finance companies T – 10.13
Topic 1 Lesson 4 Towing and Labor Coverage Towing and Labor Coverage Pays: Pays: � Towing � Towing � On site labor charges such as � On site labor charges such as changing a tire changing a tire � When your car is disabled � When your car is disabled Covers: Covers: � Your car � Your car Required? Required? � Not required by Virginia law � Not required by Virginia law T – 10.14
Topic 1 Lesson 4 Rental Reimbursement Coverage Rental Reimbursement Coverage Pays: Pays: � A rental car while your car is being repaired � after a crash � after comprehensive losses Covers: Covers: � You � Your family members Car Rental Required? Required? Company � Not required by Virginia law T – 10.15
Topic 1 Lesson 5 Insurance Costs Insurance Costs � How are car insurance rates determined? � How are car insurance rates determined? � What factors are used in establishing � What factors are used in establishing rates? rates? � Discounts? � Discounts? T – 10.16
Topic 1 Lesson 5 Insurance Costs Insurance Costs Factors used to determine your premium: Factors used to determine your premium: Your Age, Marital Status, Driving Record, and Grades Highest Rates Highest Rates � Male drivers under 25 � Unmarried women under 21 Type of Car Type of Car Collision and comprehensive rates Collision and comprehensive rates � Highest for luxury, high-performance, and sports cars � Higher for cars that damage easily � Higher for cars that cost more to repair How you use your car Higher for cars driven a lot of miles and used for school, work or business Where you live and drive Urban counties have more crashes and auto thefts so rates tend to be higher than those in rural areas T – 10.17
Topic 1 Lesson 5 Insurance Costs Insurance Costs Factors used to determine your individual premium: Factors used to determine your individual premium: Your Deductibles Your Deductibles � Your share of the cost of a collision or comprehensive claim � You can reduce your premium by raising your deductibles Surcharges Surcharges � Penalties added for accidents and certain traffic violations Discounts Discounts � Some are required by the state, while others are incentives offered by insurance companies T – 10.18
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