Insurance Vocab

Front

Company that writes an insurance policy

Back

Insurer

Front

Cost to replace property or rebuild structure

Back

Replacement Cost

Front

Owner of an insurance policy

Back

Policyholder

Front

Act or process of colliding; a crash or conflict

Back

Collision

Front

An individual covered by an insurance policy

Back

Insured

Front

Auto insurance can provide medical payment for your bodily injury.

Back

Medical Payments

Front

Insurance for car repair/replacement not due to an accident.

Back

Comprehensive Coverage

Front

Protection against a specific loss

Back

Coverage

Front

Cause of loss

Back

Peril

Front

Contract protecting individuals against specific future losses

Back

Insurance Policy