Property and Casualty Quick Quiz Unit 1.A

An individual applied for auto insurance and obtained coverage from ABC Insurance Company. Who is the first party in the contract?

If a fire causes damage to a building, the fire is

Wearing a seat belt in a car is an example of which method of managing risk?

Tiffany leaves her car unlocked when she goes shopping. She figures her car and its contents are insured, so there is no reason to worry. Which type of hazard is this an example of?

A flood is an example of