Revisions and Cancellations

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Across
  1. 4. A decrease in value of an item over time due to age and condition
  2. 6. Protects you against damage to property or person where you are responsible
  3. 9. The minimum amount of money that the insurance company will keep
  4. 12. Proportionate method of calculating return premium
  5. 15. contract of insurance
  6. 16. A change that alters the original terms of the contract
  7. 17. Replacement value minus deprecation
  8. 18. Extra Add on to lower deductible for glass when damaged by road hazard debris, an abbreviation for
  9. 20. The main person driving the vehicle.
  10. 22. Any glass loss where the cost is $100 or more, any 3 non-chargeable glass losses or any glass loss paid out under the license plate insurance
  11. 23. Any payment made under any contract of insurance regardless of amount.
  12. 24. Penalty method of calculating the return premium
  13. 25. A driver that does not have valid insurance at the time of loss
  14. 29. Cancellation upon renewal, where no premium is owed
  15. 30. Extra add on primarily for when you need a rental vehicle after a collision that was your fault
  16. 31. The portion of the damage payment that the insured is responsible for paying.
Down
  1. 1. The first party to be paid out in the event of a loss
  2. 2. A change to an existing policy
  3. 3. a driver that has insufficient coverage at the time of loss to cover the total costs of damages
  4. 5. A policy that was not renewed
  5. 7. An extra add on to a policy or also a change to a policy
  6. 8. Cause of loss
  7. 10. Any glass loss less than $100
  8. 11. The authority given to broker to put insurance in place
  9. 13. Comprehensive type losses, collision with an animal or bird, bodily injury or property damage claims paid for through just plate insurance, hit and run incidences if reported within 24 hours
  10. 14. Amount paid in return for the coverages offered by an insurance policy
  11. 19. Form that allows us to disclose client information to the insurance company; also certifies that the information given to us was true to the best of the client’s knowledge.
  12. 21. Tickets and offenses
  13. 26. Waiver of depreciation, an abbreviation for
  14. 27. A vehicle accident for which you were at fault or partially at fault which resulted in or could result in a payment
  15. 28. Cannot place insurance in place