Insurance Review

Insurance for damages caused by something other than a collision (fire, weather, etc.)

Addition to an insurance policy to cover a specific type of loss.

Insurance Contract

Insurance that protects you from losses that you cause to others.

Covers you if another driver causes damages to you or your car and they DON'T have insurance!

Using the money received from many policy holders to pay for the losses of a few.

limiting possible financial losses to amounts you can handle.

Risk management tool that limits financial loss due to illness, injury or damage for a premium.

When the state assigns someone to an insurance company because they have a bad driving record.

Formal request for money from an insurance company.

Amount that you pay before the insurance company will pay anything.

insurance that protects you from financial loss when things you own are stolen or damaged.

Cost of replacing an item.

Experts determination of the value of a piece of property.

Insurance for damages you cause to your own vehicle.

Something that, if lost, would cause you financial harm.

Bad marks on a persons driving record due to traffic violations of accidents.

Amount an item is worth NOW.

a regular payment required to purchase insurance.

Protects against financial loss when you are legally responsible for injuring other people.