and
What’s the Risk?
Insurance 101
{Agent Name and Information}
About Me
Fast Facts about State Farm
#1 auto insurer in the United States since 1942
State Farm is ranked No. 35 on the Fortune 500 list in 2016
$60 million donated each year to build safer, stronger, better
educated communities
$5 million distributed by State Farm Youth Advisory Board in
service-learning grants
What is Insurance?
Sometimes in life, bad events occur despite making
good career and financial choices.
Unexpected events like illnesses or accidents can and
do happen, and they can cause great financial
hardship.
Insurance is a “Safety Net” for events you hope never
happen.
What is Insurance?
Many things in life involve risk, but some things are riskier
than others.
Protection against financial risk is the main reason why
people purchase insurance.
What is Insurance?
To be covered by insurance, a person pays a monthly
or yearly premium, which is the cost of the policy.
Individuals may pay a deductible and/or co-pay before
insurance will cover the remaining costs.
Some events, such a fires, tornadoes, and hurricanes,
can destroy homes and cars, resulting in a total loss.
Factors that Affect Car Insurance
Your Coverage and Deductibles
What You Drive
How Often, and How Far, You Drive
Where You Live
Your Driving Record
Your Credit History
Your Age, Sex, and Marital Status
Good Student Discounts
So…Do I Need Insurance?
Let’s Play Risk Bingo!
Do you believe that insurance should be a category in
a family’s monthly budget? What if you don’t get sick
or hurt?
What happens if after an accident or loss you don’t
have the money to pay for medical bills or to make
repairs and don’t have insurance?
How might taking personal responsibility for our
actions lessen some risk?
Helpful State Farm Apps for New Drivers
The Steer Clear® Safe Driver App
- Log supervised driving hours to track your progress toward
getting licensed
- Tips for driving in various weather conditions and
instructional videos
The State Farm Driver Feedback™ App
- Uses your cell phone's sensors to detect aggressive
acceleration, braking, or cornering
- Helps guide drivers and measure improvement