| A | B |
|---|
| bodily injury liability | in auto insurance, liability coverage that pays for physical injury to people in other vehicles |
| risk | a situation in which some kind of loss is possible |
| comprehensive coverage | insurance designed to pay for the repair or replacement of the policy owner's car in the event of damage not resulting from an accident |
| coverage | protection against a specific kind of loss |
| deductable | the amount the insured pays on a claim before the insurer pays the remainder |
| insurance policy | a contract written to protect individuals named in the policy against specific future losses |
| insured | an individual, usually but not always the buyer, covered by an insurance policy |
| insurer | The company or agency that writes an insurance policy |
| liability | legal responsibility |
| medical payments | auto coverage can help to provide medical payment for treatment of bodily injury |
| peril | a cause of loss |
| policyholder | the owner of an insurance policy |
| premium | payment made by the insured to the insurer |
| replacement cost | what it would cost to replace apiece of property or rebuild a structure |
| collision | the act or process of colliding; a crash or conflict |
