Who is the insured or policy holder?

• A. The Insurer
• B. The Policy Holder's Agent
• C. The Vehicle Owner
• D. A Person Or Entity Purchasing the Insurance and Who Is Protected by the Policy

Answer: (D)

In an insurance policy, the insured is the person or entity that is protected by the contract. The policyholder is the party who buys the insurance and pays the premiums, and sometimes they are the same person, sometimes not. For auto coverage, a parent might be the policyholder while the teen driver is the insured, or both could be the same person. The description that combines both ideas—someone who purchases the insurance and who is protected by the policy—best captures who the insured or policy holder is. The insurer is the company providing coverage, and the policyholder’s agent is just the intermediary, not the insured.