https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:car-insurance-options-and-costs/v/car-insurance-basics 2023-05-03T21:01:13.225276573Z Car insurance basics Car insurance has different types of coverage, like liability for when you accidentally hurt someone or damage their property, collision to fix your car after an accident, and comprehensive for other damage like theft or weather. There's also uninsured motorist coverage if someone without insurance hits you, and medical payments to help with medical costs after an accident. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/7ccb9916-8161-48af-9583-0df27791820c_1280_720_base.png Car insurance basics Car insurance has different types of coverage, like liability for when you accidentally hurt someone or damage their property, collision to fix your car after an accident, and comprehensive for other damage like theft or weather. There's also uninsured motorist coverage if someone without insurance hits you, and medical payments to help with medical costs after an accident. https://cdn.kastatic.org/ka-youtube-converted/cWEiafGi4QE.mp4/cWEiafGi4QE.mp4 263 Car insurance options and costs https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:car-insurance-options-and-costs/a/car-insurance 2023-06-14T19:12:40.083575347Z What is car insurance and why do you need it? Car insurance provides financial protection for drivers in case of accidents, theft, or damage to their vehicles. It covers various expenses, including repairs, medical bills, and legal fees, depending on the type of coverage chosen. article https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:car-insurance-options-and-costs/e/car-insurance 2026-04-04T02:06:38.980527203Z Car insurance Practice your understanding of car insurance, types of coverage, and factors that affect it. Elvira Valdez exercise https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:car-insurance-options-and-costs/v/why-some-drivers-pay-more-for-car-insurance 2026-06-27T00:10:49.723060035Z Why some drivers pay more for car insurance Car insurance premiums are determined by statisticians who evaluate your accident risk based on your car type, location, mileage, driving record, and demographic data like age and gender. To lower these costs, you can choose a higher deductible, maintain a clean driving record, complete defensive driving courses, or qualify for good-student discounts. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/62d6548f-acd5-4a04-8fae-31e470f50230_1280_720_base.png Why some drivers pay more for car insurance Car insurance premiums are determined by statisticians who evaluate your accident risk based on your car type, location, mileage, driving record, and demographic data like age and gender. To lower these costs, you can choose a higher deductible, maintain a clean driving record, complete defensive driving courses, or qualify for good-student discounts. https://cdn.kastatic.org/ka-youtube-converted/1HDeJKXYw3g.mp4/1HDeJKXYw3g.mp4 303 Car insurance options and costs https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:car-insurance-options-and-costs/a/what-drives-your-car-insurance-cost 2026-06-26T22:00:50.551247157Z What drives your car insurance cost? Imagine you and a coworker both drive to work every day. You drive similar cars, but your coworker pays much less for car insurance. Why? Insurance companies use many factors to estimate risk, and those factors help determine how much you pay. article https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:car-insurance-options-and-costs/e/car-insurance-cost 2026-07-06T04:50:55.94861601Z Car insurance cost Your coworker pays less for car insurance than you do, even though you drive similar cars. Explore the factors that can raise or lower insurance costs and practice predicting how different choices can affect your premium. Elvira Valdez exercise