Something that increases the risk. Drinking while driving is a hazard, since it greatly increases the chance of an accident. There are physical hazards that result form material or structural features of a risk, as opposed to human or management factors, such as an oily rag left by the furnace. There are moral hazards, which are circumstance of morals or habits that increase the profabilty of a loss from an insured peril, such as an insured previously convicted of arson. Lastly there are morale hazards, which are an increase in the hazards presented by a risk arising from the insured's indifference to loss because of the existence of insurance. For example, and insured fails to repair faulty wiring, believing it is less expensive to pay insurance premiums than to pay an electrician.