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Request for payment from an insurer for any damages covered by an insurance policy Amount in damages a policyholder must pay before the insurance company pays a claim Property attached to land, such as a house, business, garage, or other building Possessions that can be moved, such as furniture, jewelry, and electronic equipment Insurance that covers loss or damage to renter's personal possessions Insurance that covers damage due to fire or lightning Other types of protection added to a basic insurance policy Insurance that covers damage to property and personal property An addition to an insurance policy that covers specific property or damages The full cost of repairing or replacing property, regardless of its depreciation value
- Request for payment from an insurer for any damages covered by an insurance policy
- Amount in damages a policyholder must pay before the insurance company pays a claim
- Property attached to land, such as a house, business, garage, or other building
- Possessions that can be moved, such as furniture, jewelry, and electronic equipment
- Insurance that covers loss or damage to renter's personal possessions
- Insurance that covers damage due to fire or lightning
- Other types of protection added to a basic insurance policy
- Insurance that covers damage to property and personal property
- An addition to an insurance policy that covers specific property or damages
- The full cost of repairing or replacing property, regardless of its depreciation value
Expert Solution
- claim
Request for payment from an insurer for any damages covered by an insurance policy
- deductible
Amount in damages a policyholder must pay before the insurance company pays a claim
- real property
Property attached to land, such as a house, business, garage, or other building
- personal property
Possessions that can be moved, such as furniture, jewelry, and electronic equipment
- renters insurance
Insurance that covers loss or damage to renter's personal possessions
- standard fire policy
Insurance that covers damage due to fire or lightning
- extended coverage
Other types of protection added to a basic insurance policy
- homeowners policy
Insurance that covers damage to property and personal property
- rider
An addition to an insurance policy that covers specific property or damages
- replacement value
The full cost of repairing or replacing property, regardless of its depreciation value
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