Understanding Insurance

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1.
What do we call protection from loss, harm, theft, or damages?
2.
What specifies the types of insurance required on a property?
3.
Which Proctor Department makes sure the homeowner has sufficient coverage on their property?
4.
What's another term for borrower-obtained coverage?
5.
FEMA administers this program for Flood insurance.
6.
What coverage does the mortgage company care about?
7.
What is the coverage called that will pay to repair or replace the home?
8.
What is the coverage called that may pay to repair/replaces items on the property not attached to the home?
9.
What kind of interest does the mortgage company have in the property?
10.
What is another name for a homeowner?
11.
What do we call our clients?
12.
What is another name for the Insurance Company?
13.
What type of insurance has higher costs and lack of loss protection?
14.
What acronym do we look for on checks?
15.
What organization protects the borrower against mortgage companies' potentially predatory practices?