Deductibles. Premiums.Policy holder. All these terms.  Just like any industry, insurance has many terms.

The person who sells you your auto or home insurance policy can go by many names. Here’s a sample of reported job titles:

Insurance Agent, Agent, Sales Agent, Insurance Broker, Account Executive, Producer, Sales Representative, Insurance Sales Agent, Underwriting Sales Representative, Account Manager

Other common terms you might her in a conversation with your insurance representative:

• Actual Cash value
• Cancellation
• Commercial property
• Deductibles
• Insured
• Insurer
• Premium
• Policy
• Policy holder/owner
• Renewal

Check for definitions as well as other terms here.

Are there any others you still don’t understand? Comment below.