Across
- 5. insurance policies cover losses if a land title is not free and clear of defects that were not known when the title insurance was written.
- 8. insurance helps professionals, such as doctors, financially protect their assets in the event of a lawsuit.
- 10. insurance helps policyholders cope with major disasters such as fires, hurricanes, or tornadoes as well as minor mishaps, like theft or a fallen tree.
- 11. insurance covers physical structures and possessions in the event of an unexpected or catastrophic event, including the costs of repairing or rebuilding the house and replacing the possessions inside it.
- 12. occurs when someone fails to take proper care and someone else is harmed.
Down
- 1. means legal responsibility.
- 2. coverage is applied after liability limits from other insurance policies are reached.
- 3. insurance covers only the personal possessions of a person living in a rental property.
- 4. insurance is a type of insurance policy that covers property that is easily movable and provides additional coverage over what normal insurance policies do not.
- 6. cost and type of home are items that will determine the amount of insurance needed and the premium paid.
- 7. insurance that pays for property damage caused by an earthquake is available as a separate policy.
- 9. is a legal agreement between a home buyer and a financial institution to borrow the money to purchase a home using the title to the house as security.