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Insurance Vocabulary 10.01

AB
Insurance Agentperson who sells insurance
Claimsrequests for payment from the insurance company to cover the finanical losses
No-Fault Insurancedoes not matter who is legally responsible for an accident
Bodily Injury Liabilityprotects the insured person from injury to people but does not cover the insured person.
Property Damage Liabilityprotects the insured person against damage by his/her car to another person's property
Collision Insuranceprotects the car owner against damage from a collision but does not cover injuries to people.
Comprehensive Physical Damageprotects the insured person against almost all damages except the collision or car turning over
Automobile Insurance coststype of vehicle


Business Teacher
Clayton High School

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