3. Insurance

insurance - ubezpieczenie

To insure against

To take out insurance

Insured → Uninsured

Insurer - ubezpieczyciel

Insuree - ubezpieczany

Policy holder - a person who bought the insurance (usually the same as the insuree)

Premium - how much you’re paying

coverage - max amount you get back from the insurance 

to claim - when you try to take money from your insurance

a claimant - a person who claims the money

compensation (damages) - money given to you as a consequence of claiming from the insurance policy

a write-off - when the insurance company says the damage is too extreme so they just give you whatever the thing is worth at the time (szkoda całkowita)