What is the meaning of Insurance?

Subtopics: auto, homeowner 

Insurance is a type of legal relationship whereby individuals, companies and other entities concerned about the risk of losses pay premiums to an insurance company for protection against potential losses. Specific types of insurance relevant to vehicles include collision, comprehensive, uninsured motorist, underinsured motorist, rental reimbursement, and vehicle-related accident insurance.

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APABarry Goldsmith. (2010). insurance. Retrieved September 26, 2026, from http://smartdefine.org/insurance/definitions/1156169
ChicagoBarry Goldsmith. 2010. "insurance" http://smartdefine.org/insurance/definitions/1156169 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, insurance, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/insurance/definitions/1156169>.
MLABarry Goldsmith. "insurance" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/insurance/definitions/1156169>
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