Auto Insurance
Insurance that covers you and your family members if you are involved in an accident with an uninsured or hit-and-run driver
What is uninsured motorist's protection
What you pay when you request money for damage
What is a deductible
An unexpected event or circumstance without deliberate intent.
What is accident
Provides coverage for your personal belongings, not the building you're renting.
What is renters insurance
The state of being responsible for something, especially by law.
What is liability
Insurance that covers physical injuries caused by a vehicle accident for which you are responsible
What is Bodily injury liability
Name for the amount of money paid monthly for auto insurance
What is a premium
Covers damage to your car caused by events that are out of your control. It covers things like theft, vandalism, glass and windshield damage, fire, accidents with animals, weather/acts of nature, etc.
What is comprehensive insurance
Actual Cash Value is when, if an accident were to occur, it would cover the value of the item at the time of the accident
What is actual cash value
Liability insurance provides the insured party with protection against claims resulting from injuries and damage to people or property
Liability Insurance
This insurance only does not cover you in the case the accident is not your fault.
What is third Party, Fire and Theft
This may happen to the cost for insurance when you are involved in a collision
Coverage for damage to your vehicle resulting from collision with another vehicle or object (subject to deductible).
What is collision coverage
Different types of renters insurance
What is uninhabitable Insurance, Special Riders, and Liability Insurance
Joey hits Brenda with his car, who's liable?
Joey
Insurance that protects you if your vehicle is damaged in a non-accident situation
What is comprehensive physical damage
Method of requesting money for damage
What is a claim
Coverage for bodily injury or property damage to others for which you are held liable (as provided by your policy and state law).
What is liability coverage
Why is it a good idea to take photographs of what you own?
What is so you can get the correct amount back if those items were to be destroyed
Example of common liability claims
What is ex.) a customer slips in a spill at your business, breaks a wrist, and sues to recoup medical expenses.
Insurance that covers damage to your vehicle when itis involved in an accident
What is collision Insurance?
How often do you make insurance payments?
What is monthly
Acts on behalf of an insurance company to examine, evaluate and settle insurance claims. The adjuster must determine the cause of loss, whether the loss is covered by the policy, the value of the loss and the amount of loss payable by the policy.
What is a adjustor
What types of things can affect your premium for Renters Insurance?
What is where you live, what you own, your deductible,
What does liability insurance cover?
What is general liability insurance covers common risks that arise from interactions with individuals outside of your company. That includes protection against customer property damage and injuries