Car Insurance Terms and Contitions In US
No car insurance service can be terminated without a conditional list of car insurance. We've created a list of words and their meanings to help you navigate the confusing insurance world sometimes
Accident - This is an unforeseen event that causes damage to property in a vehicle or personal injury. The event may or may not be faulty and may not be reported or not reported. An accident involving two cars can be called a collision.
Accident Report Form - This is a police report, often referred to as a police report, which contains important information about a car crash. The report will include the names of all the people involved, the vehicles involved, the damaged property and the complaints lodged.
Adjuster - This is the person who will investigate the actual losses reported in the policy after an accident or other incident. They will decide how much to pay for car insurance by Insurer.
Agent - This is a licensed and qualified person who is authorized to sell and provide insurance policies for a car insurance company.
Error - This is the amount you, the policy owner, contributed or caused an automatic collision. This determines which insurance company pays what portion of the loss.
Auto Insurance Score - This is a score similar to a credit school that checks details in your consumer credit report. These schools are used to determine the policy price of your car insurance policy. Bad marks in your credit report can increase your car insurance premiums. The use of this information to determine policy pricing varies from province to province.
Automobile Insurance - This is a type of insurance that covers and protects against losses involving cars. Auto Insurance policies include a wide range of availability depending on the needs of policymakers. Liability for property damage and bodily harm, unverified motor vehicle driver, medical bills, complete and collision are some of the common items available under the car insurance policy.
Liability - This is a short-term policy agreement that was put in place during the formulation of official policy.
Injury Liability - This is the category of coverage that covers costs for anyone who may be injured. It can include lost pay and medical expenses.
Merchant - This is a licensed person who sells and provides various insurance policies.
Claim - This is an official notice made to your insurance company that any losses may be incurred under the terms of the auto insurance policy.
Claims Adjuster - This person hired by the insurance agency will investigate and pay all claims and losses. Representative of the insurance agency to ensure and ensure that all those involved in the loss, receive compensation properly and properly.
Collision - Part of an insurance policy that covers your car's damage to a collision. Items may be included but not limited; another vehicle, building, curbs, guard rail, tree, fence post or fence. Withdrawals will be deducted. Your insurance company will follow the insurance policy of other parties for these costs in the event of an error.
Commission - This is part of a car insurance policy paid by an insurance agent for selling and assisting policy on behalf of a company.
Comprehensive - This is part of an insurance policy that covers losses caused by anything other than a collision or collision with something else. Withdrawals will be deducted. These include but are not limited to vandalism, storm damage, fire, theft, etc.
Combined losses - This is your personal, personal or material damage to your property covered by your motor insurance policy.
Announcement Page - This is the part of the insurance policy that includes all your insurance company's official name, your full legal name, full vehicle details including vehicle identification or VIN numbers, policy details, policy number, deductible prices. This page is usually the front cover page.
Deductions - This is part of the car insurance policy that the policy owner must pay before the Insurance Company can provide and is expected to pay any benefits. This amount can be at a wide range of prices and varies from about $ 100 - $ 1000. The larger the amount you pay the deductible will cost your standard monthly / annual policy. This is part of a car insurance policy that will only apply to full or collision combinations.
Discount - This is a reduction in the total cost of your insurance policy. Traction can be provided for a variety of reasons including good driving record, grades, age, marital status, specific features and vehicle safety equipment.
Emergency Road Service - This is part of a car insurance policy that covers the cost of emergency services such as low tires, car keys and towing services.
Authorization - This is any written change made to a motor insurance policy that adds or removes coverage to the policy.
Exclusion - This is part of a car insurance policy that includes any provision that includes people, places or items that are not covered under the insurance policy.
Group One - This is the policyholder, the insurer in the insurance policy.
Space Insurance - This is a type of car insurance offered to people who rent or own a car that costs less than the loan amount. Gap auto Insurance will pay between the real value of the car and the balance of the loan if care is stolen or damaged.
High Risk Driver - If you have a variety of negative signs in your insurance record including driving under Influence, several road violations, etc. It can be called