Insurance Terms

Auto Insurance

Property Insurance

Random Facts

100
Protection against possible financial loss
What is insurance
100

Insurance that covers damage to your vehicle when it is involved in an accident

What is Collision Coverage

100
Coverage that provides protection for your residence and its associated financial risks
What is homeowners insurance
100

Casino game allows gamblers to make an “insurance” bet against losing to the house

What is Blackjack

200
A legal responsibility for the financial cost of another person's lossess of injuries
What is liability
200

Hyphenated term applies to the person who is legally responsible for the damage caused by an accident

What is At-Fault

200

Pays the cost of minor accidental injuries to visitors on your property

What is medical payments 

200

A mutual insurance company which focuses on auto, property, business, and life insurance and operates in fifteen U.S. states.

Who is Shelter Insurance


300
What is the failure to take ordinary or reasonable care to prevent accidents
What is negligence
300

Insurance that covers physical injuries caused by a vehicle accident for which you are responsible

What is Bodily Injury

300

Additional property insurance that covers the damage or loss of a specific item of high value and/or away from the residence premises.

What is an Inland Marine Policy

300

P&C stands for

 What is Property & Casualty

400
A fee paid for insurance
What is a premium
400

Insurance that protects you if your vehicle is damaged in a non-accident situation

What is Comprehensive Coverage

400

Payment based on the replacement cost of an item minus depreciation

What is Actual Cash Value

400

First used in 1952, a colloquial term for an area of the United States with a relatively high rate of a specific type of severe weather includes Oklahoma along with 10-12 other states.

What is Tornado Alley

500
The set amount that the policyholder must pay per loss on an insurance policy
What is a deductible
500

An insurance curse word

What is State Minimum

500

Receiving the full cost of repairing or replacing an item

What is Replacement Cost Coverage

500

An Insurance Agent who's primary focus is educating clients to ensure that they have the best coverage for their situation.

Who is Candace Cunningham