Term
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Definition
| A person who investigates and settles insurance claims. |
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Definition
| A temporary insurance contract that provides proof of coverage until you receive a permanent policy |
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Definition
| Termination of an insurance policy by the company or insured before the renewal date |
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Definition
| A person who makes who makes an insurance claim |
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Definition
| Pays for damage to or loss of your automobile from causes other than accident. These include hail, vandalism, flood, fire and theft. |
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Term
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Definition
| Termination of an insurance policy due to non-payment of premiums |
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Definition
| Responsibility to another for one's negligence |
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Term
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Definition
| Refers to an insured history of claims with other companies, or the company they are currently with. A company will consider "loss history" when underwriting a new policy or considering a renewal of an existing policy. |
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Term
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Definition
| A decision by an insurance company not to renew a policy |
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Term
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Definition
| The cost associated with replacing property at current market prices. |
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Term
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Definition
| The person who reviews an application for insurance and decides if the applicant is acceptable and at what premium rate |
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