| A | B |
|---|
| Third Party Interest | A party (other than the policyholder and the company) having some interest in the subject matter of the policy, typically as mortgagee or lien holder. |
| Bodily Injury | Injury, sickness, disease or death that results from an auto accident. |
| Casualty Insurance | Insurance to cover bodily injury or damage to the property of others |
| Policy Owner | The person or party who owns an individual insurance policy |
| Exposure | Susceptibility to suffering a loss. |
| Effective Date | The date that your coverage goes into effect. |
| Damage | Physical harm to or loss of property |
| Catastrophe | A disaster affecting a specific geographic area |
| Bodily Injury Liability Coverage | Protects your assets if you are responsible for an accident where other people are injured or killed. |
| Claimant | A person who makes an insurance claim or a third party who makes a claim against you |
| Damages | The money that one party is legally obligated to pay another party |
| Expiration Date | The date on which your policy expires |
| Insured | The policyholder; the person(s) protected in case of a loss or claim. |
| Insurance | Something people buy to protect themselves from losing money in the event of an accident or unexpected mishap |
| Personal Liability Insurance | Coverage that financially protects you in the event of an accident, whether at your home or away from it, that results in bodily injury or property damage that you’re legally responsible for. |
| Property Insurance | The insurance of real and personal property against physical loss or damage. |
| Insurer | The insurance company that provides insurance coverage and services |
| Claim | when you make a request to your insurance company to pay you after a loss |
| Comprehensive Coverage | Provides financial protection for damage caused by a number of causes other than an auto accident |
| Liability Insurance | A part of your homeowners insurance that helps pay for damages owed for bodily injury or property damage that occurs on your property, or that from your activities |
