Crossword Puzzle Econ Chapter 22

2. Deliberate destruction of private or public property.
6. The payment you receive is based on the replacement cost of an item minus depreciation.
8. The chance of loss or injury.
12. Motor vehicle insurance that applies when you damage the property of others.
16. Legal responsibility for the financial cost of another person’s losses or injuries.
17. Required
20. Failure to take ordinary or reasonable care to prevent accidents from happening.
21. Additional property insurance that covers the damage or loss of a specific item of high value.
22. Coverage that provides protection for your residence and its associated financial risks, such as damage to personal property and injuries to others.
23. Insurance that covers you and your family members if you are involved in an accident with an uninsured or hit-and-run driver.
24. A fee for insurance.
25. Insurance that covers physical injuries caused by a vehicle accident for which you are responsible.

1. Protection against possible financial loss.
3. Pays the costs of minor accidental injuries to visitors on your property.
4. An arrangement whereby drivers who are involved in accidents collect money from their own insurance companies.
5. Anything that may possibly cause a loss.
7. Evaluated
8. Method for settling claims, you will receive the full cost of repairing or replacing an item.
9. A person who joins the risk-sharing group by purchasing a contact known as a policy.
10. Insurance that covers damage to your vehicle when it is involved in an accident.
11. Anything that increases the likelihood of loss through peril.
13. The set amount a policyholder must pay per loss on an insurance policy.
14. Addition of coverage.
15. Harsh.
18. A group of people who cannot get motor vehicle insurance who are assigned to each insurance company operating in the state.
19. Take upon yourself.