Standard #: SS.8.FL.6.5


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Discuss that insurance companies charge higher premiums to cover higher-risk individuals and events because the risk of monetary loss is greater for these individuals and events.


Remarks


Explain why drivers who receive repeated speeding tickets will see their insurance premiums increase.

General Information

Subject Area: Social Studies
Grade: 8
Strand: Financial Literacy (Adopted in 2023)
Standard: Protecting and Insuring
Date Adopted or Revised: 06/14
Status: State Board Approved

Related Courses

Course Number1111 Course Title222
2104060: M/J Introduction to Personal Financial Literacy (Specifically in versions: 2019 - 2022, 2022 - 2023, 2023 and beyond (current))


Related Access Points

Access Point Number Access Point Title
SS.8.FL.6.AP.5 Identify why drivers who receive repeated speeding tickets will see their insurance premiums increase.


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