QUESTION 2 One thing insurance can do is to indemnify you which is To repair and improve your situation after the loss To return you to how you were before the loss To subrogate or reclaim from the person at fault To use as a transfer technique to help avoid severe losses QUESTION 3 Actual Cash Value is Cash to cover your loss after the claim Money to replace your items back to as you were before the loss Money to replaces items based on current value The value to sell your items after the loss QUESTION 4 An insurable interest in a property and casualty policy must be shown At the time of loss At the purchase of the policy During the first 60 days After the naliv renews