To download or run a lesson click the icons under the author's name. Some lessons may not be available in all versions. When user's selects a category we jump right to it. The purpose of this computer-based exercise is to help users improve their understanding of the collision and comprehensive coverages of car insurance and of the usefulness and limitations of these coverages. Users are presented with personal financial planning decisions about collision and comprehensive coverages.
Users can buy coverages with various deductibles.
From simulated accident and loss experiences, yearly records of savings or losses are generated by the computer. One may change benefits and limitations of the coverage selected. After completing the Car Insurance exercise a user may go to this exercise for an introduction to broader principles applicable to choices about insurance generally. The exercise is designed to help the user evaluate factors bearing on a reasoned choice to obtain insurance to cover an identified type of loss or instead to go without insurance and thus be subject to uninsured loss. Initially, the user assumes the role of an owner of a business which is considering different options in insurance coverage.