Auto Insurance Vocabulary

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Across
  1. 2. an amount you will pay before the insurance company pays on a claim
  2. 3. the loss of value of property due to wear and tear, age or becoming obsolete
  3. 5. a term used to describe the amount of auto insurance coverage someone has, and typically implies that the policy has at least liability, comprehensive and collision coverage
  4. 7. insurance that pays for someone else's property or injuries if you are liable, or at fault, in an accident
  5. 9. the insurance protection in a policy
  6. 11. the maximum dollar amount of protection purchased by the policyholder for specific coverages
  7. 12. pays you if your car is stolen or damaged by basic acts of nature
  8. 13. any person who is not the primary driver of the insured vehicle
  9. 14. the amount of money a person(s) believe should be paid by an insurance company as a result of an accident
  10. 15. injury, sickness, or death that results from an auto accident
  11. 16. a formal written insurance contract describing the term, coverage, premiums and deductibles
  12. 17. vehicle identification number-a 17 character sequence of letters and numbers that identifies a vehicle
Down
  1. 1. when an insurance company adds an extra charge to your premium if you have any at-fault accidents or violations
  2. 4. ACV is an acronym for _____
  3. 6. less than enough insurance to cover the amount of loss that the policyholder may suffer
  4. 7. a policy that expires or cancels because the insured did not pay the premium
  5. 8. the person who investigates and settles insurance claims
  6. 10. the amount of money an insurance company charges to provide coverage
  7. 12. coverage that pays to repair or replace your vehicle if you hit something else and on one else is at fault.