Homeowner's Vocabulary
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Actual cash value Syn: genuine/worth | coverage the compensates loss at current cash value considering depreciation
🗑
|
||||
| Depreciation Syn: devaluation | the reduction in the value of property as it gets older
🗑
|
||||
| Endorsement syn: sanction | an amendment to an individual policy that reflects any changes to the standard policy
🗑
|
||||
| Exclusion syn: omission | the section of an insurance policy specifying the losses that are not covered
🗑
|
||||
| Flood insurance syn: abundance | insurance that covers damage caused by a flood
🗑
|
||||
| Homeowner’s Inflation Guard Clause syn: raising | a clause which increases the policy coverage each year based on the changes in building costs in your area
🗑
|
||||
| Loss of use syn: calamity of benefit | coverage that pays for living expenses while repairs are made to a home or rental property that is uninhabitable because of loss
🗑
|
||||
| Perils syn: hazard | in reference to homeowner’s insurance, a cause of loss
🗑
|
||||
| Personal liability syn: own blame | coverage that protects policy holders from claims or judgments made against them
🗑
|
||||
| Renter’s insurance syn: boarder | insurance that protects tenants of a property owned by someone else against theft, property damage, loss of personal property and loss of use
🗑
|
||||
| Replacement cost syn: restoration amount | the cost to replace a piece of property or rebuild a structure
🗑
|
||||
| Umbrella policy syn: brolly plan | liability insurance that can be added when a client’s homeowner’s or renter’s and auto insurance are handled by the same insurer
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
SheilaBarnett
Popular Insurance sets