Policy Terms

2. The insurance company.
6. A willful act of holding back information that may be pertinent to the issuance of an insurance policy even though the insured was not asked about that particular subject.
9. Structure on the residence premises that is listed in the dec page and used principally as a private residence. Insured under CovA of the HO3.
12. An interest by the insured in the value of the subject of insurance including any legal or financial relationship.
14. Fire, wind, theft.
16. Acronym for an organization that collects statistical data, endorses rating information, and develops standard policy forms.
19. Detached garage, tool shed, fence, swimming pool, gazebo.
22. A transfer of legal rights under an insurance policy to another party.
23. Provisions inserted in a policy that state the rights and the requirements of the insured and insurer. Example: duties after the loss.
25. Ancillary homeowners coverage provided beyond CovA, CovB, CovC, CovD, CovE, and CovF. Property examples: debris removal, reasonable repair. Liability examples: claim expenses, damage to property of others.
26. a peril that includes burglary, robbery, and larceny.
27. Everything that is the subject of ownership that is not classified as real property.

1. Uncertainty arising from the possible occurrence of given events.
3. The assignment to an insured by policy terms, after payment of a loss, of the rights of the insured to recover the amount of the loss from one legally liable for it.
4. A written contract of insurance between the insurer and the insured.
5. Items permanently attached to the dwelling. AC unit, wall-to-wall carpet.
7. The basis of a claim for damages under the terms of a policy.
8. An addendum to a policy that changes the original policy.
10. A carport or patio roof.
11. Deception used to cheat or intentionally mislead.
13. The term of duration of the policy.
15. Provisions of a policy referring to hazards, circumstances, or property not covered by the policy.
17. Under the HO3 policy, this provides protection when the residence cannot be used because of a covered loss.
18. The amount of money an insurer charges to provide the coverage described in the policy.
20. Party from whom protection is afforded in the policy.
21. A portion of covered loss that is not paid by the insurer.
24. A condition that increases the probability of loss. Examples: poorly maintained roof, outdated electrical wiring.