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Resources
Insurance Glossary
A reference for commonly used commercial insurance terms — written in plain language.
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
A
Actual Cash Value
Advertising Injury
Agreed Amount Endorsement
Annual Rental Income
Auto Collision Coverage
Auto Comprehensive Physical Damage Coverage
B
Boiler & Machinery Coverage
Builder's Risk Coverage
Buildings and Business Personal Property
Building Ordinance / Law or Ordinance Coverage
Building Value
C
Cash Value (cash surrender value)
Causes of Loss
Coinsurance
Comprehensive General Liability
Contractors Equipment Floater
D
Deductibles
Depreciation
E
Each Occurrence
Endorsement
F
Face Amount
Fire Damage Limit
G
General Aggregate
H
Hired & Non Owned Auto Coverage
I
Insured
L
Lapse
Liability Coverage
Limit of Insurance
Loss
M
Medical Expense Limit
Medical Payments Coverage
P
Peril
Personal Injury
Personal Property Insurance
Policy
Policy Limits
Premises / Operations
Premium
Products / Completed Operations
Proof of Loss
R
Replacement Cost and Actual Cash Value
Required Underlying Limits
S
Self Insured Retention
T
Term Insurance
Theft Limit (or Inside Policy Limits)
U
Uninsured Motorist Coverage