Defective electrical wiring is a hazard.

If your neighbor slips and falls on your sidewalk, you may be found liable.

A personal property floater is an insurance policy for boats.

Flood insurance is a standard feature of homeowners insurance.

Property damage liability insurance covers you if you are in an accident while driving someone else’s vehicle.

You may qualify for reduced auto insurance rates by getting good grades in school.

Home insurance policies include coverage for credit card fraud.

A brick house is usually more expensive to insure than a wood one.

A premium is the best kind of insurance.

If your insurance policy has a low deductible, the premium is low.

A person joins an insurance company by purchasing a contract called a ____.

In insurance, anything that may possibly cause a loss is known as a ____.

Insurance risks involving losses caused by negligence are called ____.

Buying an insurance policy is an example of risk ____.

A household inventory is ____.

Installing fire extinguishers in your home is an example of ____.

Which term refers to loss in value as an item gets older?

Collision insurance covers ____.

Renters insurance does not include coverage for ____.

A driver’s insurance premium rate will probably increase if he or she ____.

Definition: covers the damage or loss of a specific valuable item

Definition: an insurance payment based on what the item costs to replace minus depreciation

Definition: applies to the medical expenses of anyone who is injured in the insured’s vehicle, including the insured

Definition: an addition of coverage to a homeowners policy

Definition: the failure to take ordinary or reasonable care to prevent accidents from happening

Definition: the set amount that a policyholder must pay per loss on an insurance policy

Definition: covers injuries caused by a motor vehicle accident for which the insured is responsible

Definition: a request for insurance payment to cover a financial loss

Definition: the legal responsibility for the financial cost of another person’s losses or injuries

Definition: the method by which an insurance company payment is based on the full cost of repairing or replacing an item