Term
Uninsured Motorist Property Damage
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Definition
| Coverage that applies only if the insured is inbolbed in an accident caused by a driver without insuraunce. |
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| Underinsured Motorist Property Damage |
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Definition
| Coverage that applies only if the insured is involved in an accident casue by a driver with insufficient insurance. |
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Term
Underinsured Motorist Bodily Injury
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Definition
| Coverage in the event of an accident due to the negligence of a person with insufficient insurance. |
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Term
| Personal Injury Protection Coverage |
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Definition
| Coverage of medical, hopital and funeral expenses of the insured and others within the insured vehicle, as well as pedestrians struck by the vehicle. |
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Term
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Definition
| A device such as a steering wheel lock, alarm, or fuel cutoff value that helps prevent vehicle theft. |
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Definition
| A request made by the policy holder to the insurance company for payment of loss. |
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Term
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Definition
| The amount the insured agrees to pay out of pocket in the event of a claim. |
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Term
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Definition
The licensed operators who are listed as rated drivers on the policy and who drive the insured vehicle.
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Definition
| the person(s) named on the policy to whom the coverage may be applied |
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Definition
| the cause of a possible accident or loss |
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Term
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Definition
| The process of recovering funds to settle a claim for damage caused by another driver. |
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Term
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Definition
| Evaluating the insurability of an applicant for coverage |
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Term
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Definition
| A policy providing protection against losses and liability that may result from traffic accidents. |
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Term
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Definition
| a scored derived from consumer information to help insurers establish policy prices. |
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Term
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Definition
| coverage that will pay for the injuries or death of other poeple if you are legally liable in an accident |
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Term
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Definition
| coverage that will pay for another persons property damage bc of an accident |
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Term
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Definition
| coverage that will pay for damage to the insured behicle if the vehicle is hit by another vehicle or some other obcject. |
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Term
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Definition
| coverage that will pay for damage to the insured vehicle resulting from events other than collision |
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Term
| Uninsured Motorist Bodily Injury |
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Definition
| coverage in the event of an accident due to the negligence of a person with no insurance. |
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