Misc
Property
Terms
100

Loss runs should be valued when?

What is within 90 days?

100

Another name for Wood Sides & Wood Deck Roof

What is Frame? 

100

Refers to the potential for loss or the extent of Risk that has insurance company takes on

What is exposure?

200

This system does billing

What is Amlink? 

200

The C in COPE stands for this

What is Construction? 

200

Windstorm, Fire, Theft, are examples of this

What is a Peril? 

300

All loss runs are created equal

What is no? 

300

ITV means

What is Insurance to Value?

300

This increases the the probability of a peril occurring  

What is a Hazard? 

400
MVR stands for

What is Motor Vehicle Record?

400

Class 5 buildings have fire resistance rating of  this

What is one hour or more but less than 2 hours?

400

The goal of insurance

What is to spread risk across many, vs one? 

500

This is an Amwins proprietary system

What is Amlink?

500

This is the best construction class?

What is Fire Resistive or Class 6?

500
Valuation without depreciation

What is Replacement Cost? 

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