Chapter 22 Vocabulary
Across
- 6. Additional property insurance that covers the damage or loss of a specific item of high value
- 8. Protection against possible financial loss
- 11. Another word for required
- 13. Another word for harsh
- 15. An arrangement whereby drivers who are involved in accidents collect money from their own insurance companies
- 16. To take upon yourself
- 17. Another word for evaluation
- 19. The set amount that the policyholder must pay per loss on an insurance policy
- 22. The payment you receive is based on the replacement cost of an item minus depreciation
- 23. Motor vehicle insurance that applies when you damage the property of others
- 25. Coverage that provides protection for your residence and its associated financial risks, such as damage to personal property and injuries to others
- 26. A fee for insurance
Down
- 1. Insurance that covers physical injuries caused by a vehicle accident for which you are responsible
- 2. Deliberate destruction of private or public property
- 3. A method for settling claims
- 4. Anything that may possibly cause a loss
- 5. Insurance that covers damage to your vehicle when it is involved in an accident
- 7. Pays the costs of minor accidental injuries to visitors on your property
- 9. Insurance that covers you and your family members if you are involved in an accident with an uninsured or hit-and-run driver
- 10. A form of a contract
- 12. A group of people who cannot get motor vehicle insurance who are assigned to each insurance company operating in the state
- 14. Addition of coverage
- 18. Legal responsibility for the financial cost of another person’s losses or injuries
- 20. Anything that increases the likelihood of loss through peril
- 21. The failure to take ordinary or reasonable care to prevent accidents from happening
- 24. The chance of loss or injury