|
Hearsay
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Towing & Labor Coverage
Pays for towing charges when your car can’t be driven. Also pays labor charges, such as changing a flat tire, at the place where your car broke down.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Broker
A person who for payment of a fee procures insurance on your behalf.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or jurisdiction.
Limited Tort
Offers savings on your premiums. You are still able to recover all out-of-pocket medical and other expenses, however you are not able to recover non-monetary damages or receive payments for pain and suffering unless injuries are defined as serious.
|
Did You Know?