Across
- 1. Portion of claim that customer is responsible paying for
- 3. Higher degree of honesty that is required for insurance contracts.
- 4. A customer, former customer, authorized representative or third party needs to be "..."
- 7. An event that may cause loss to occur.
- 11. Process to recover a loss paid out from liable party.
- 12. Replacement cost at the time of loss less depreciation.
Down
- 2. Covers you against any injury or damages you may cause to someone else.
- 5. Covers your vehicle from things like Fire, Theft, Glass...
- 6. Personal items, furniture, clothing, appliances, food in freezer...
- 8. Once a claim for a damaged item has been paid, the insurer takes ownership of it.
- 9. Endorsement protects the insured against catastrophe
- 10. Uncertainty regarding a loss.
- 13. All occupants have left the property with no intention of returning.