general type of insurance intended to indemnify for harm to the insured's personal or real property brought about by perils such as fire, theft, and windstorm indemnifies for losses resulting from accident, chance, or negligence execptions, required to be expressly stated in the policy insurance that covers the direct loss to properly resulting from fire, lightning strike, or removal from premises endangered by fire standard policy and form may be modified, aka riders a clause in a typical property insurance policy that requires the insured to maintain coverage equal to certain percentage of the total current value of the insured property casualty insurance that indemnifies against personal injury or property damage claims for which the insured is legally reponsible includes liabilty coverage, medical payments coverage, collision and comprehensive coverage and uninsured and underinsured coverage protects against direct and accidental damage to the vehicle caused by a colliding with another object optional auomobile insurance coverage indemnifying insureds for damage to their own vehicles requires that parties to an automobile accident be indemnified for bodily injury by their own insurance company regardless of who is at fault  

1. property insurance

general type of insurance intended to indemnify for harm to the insured's personal or real property brought about by perils such as fire, theft, and windstorm

2. casualty insurance

indemnifies for losses resulting from accident, chance, or negligence

3. exclusions

execptions, required to be expressly stated in the policy

4. fire insurance

insurance that covers the direct loss to properly resulting from fire, lightning strike, or removal from premises endangered by fire

5. endorsement

standard policy and form may be modified, aka riders

6. coinsurance

a clause in a typical property insurance policy that requires the insured to maintain coverage equal to certain percentage of the total current value of the insured property

7. liability insurance

casualty insurance that indemnifies against personal injury or property damage claims for which the insured is legally reponsible

8. automobile insurance

includes liabilty coverage, medical payments coverage, collision and comprehensive coverage and uninsured and underinsured coverage

9. collision insurance

protects against direct and accidental damage to the vehicle caused by a colliding with another object

10. comprehensive insurance

optional auomobile insurance coverage indemnifying insureds for damage to their own vehicles

11. no-fault insurance

requires that parties to an automobile accident be indemnified for bodily injury by their own insurance company regardless of who is at fault