Auto insurance has hundreds of words really sad. Hope this helps.
* Value Market Value (ACV) of the car
* Agent person authorized by the state to sell insurance. You can also help you require.
Arbitration * When there is disagreement with offers of settlement, an arbitrator examines the facts out.
* Auto replacement coverage additional auto insurance coverage that ensures your car will be completely repaired or replaced, even exceeds its value dropped.
* Civil liability for injury coverage pays for injury or death of another person in an accident you can find legally obligated to pay.
* Broker number of states not to make a distinction between brokers and agents. Brokers usually check with several insurers to find you the best price.
Improvement * When old items are original or replaced with new items.
* Binder A temporary insurance agreement is valid until the policy is issued and delivered.
* Cancellation If premiums are not paid, the insurance company can cancel your auto insurance by giving 10 days notice. The company must give you written notice 30 days if you cancel your policy for other reasons.
* Prisoners Agent The agent who sells only one type of insurance or State Farm.
* Demand When you ask the insurer to pay you a lot under your policy.
* Individual adjuster hired by the insurance company to settle claims. Expert can be a company employee or an independent party under contract with the company.
* Collision Coverage Pays for damage to the car when it collided with another vehicle or object or if it depends. This is often necessary when a car loan is involved.
* Full coverage coverage pays for damage or loss of the car from causes other than collision, such as bad weather, vandalism, flood, fire and theft.
* A credit score reflects number based on your ability to pay bills, loans etc. This is often used to determine auto insurance premiums.
* Custom / Non-factory Equipment Coverage Trafficking personal qualities, such as those found in the vans business, non-plant items such as cassette players, or mobile CB stations.
* Declarations Page ("Page December") page about the company sends you to see your premiums, coverages and endorsements. Some insurance companies send new declarations page of the renewal unless it is a change in policy. You should get a page revised statements when there is a change in policy.
* The deductible amount of the insured to pay for the insurance company pays the claim. high deductibles equal lower premiums.
* Approval of Change in the policy used to add, edit or delete coverage. Also known as "Cavalier."
* Exceptions to special conditions or circumstances listed in the policy that the benefits will not be paid.
* Gap insurance usually rent a car. Insurance to pay the difference between the amount you owe on the car and what it holds in the case of theft or accident.
* Independent Agent An agent who sells various types of insurance.
* Cancellation Policy A policy that has been closed due to nonpayment.
* Liability Coverage Pays for loss of others and their property caused by negligence on your part.
* Non-Bound Application Application sent just to see if you are approved.
* Non-renewal of insurance company not to renew your contract expires.
* Personal Injury Protection (PIP) automobile insurance providing benefits, including but not limited to, medical, loss of income resulting from automobile accidents, and essential services. Mandatory in some states.
* The political form of contract issued by the company to explain the coverage provided.
Premium * How much would you pay for insurance.
* Proof of Loss Assessing damage you give to the insurance company to support your request. Insurance companies often use this document to understand how much they will pay.
* Country property damage liability for damage to the car of another person or property.
* Estimated price quote insurance rates.
* Rental reimbursement Freight optional policy benefit that pays for a rental car if the vehicle is damaged.
* After negotiating a settlement, the amount you agree that the insurance company as full payment for your loss.
* Total Loss Where damage repair costs more than the cost of the vehicle. When the vehicle is "grace".
* Towing and Labor coverage refund if the vehicle breaks down or is damaged and will be drawn at a workshop or anywhere else.
Umbrella liability insurance * You must have a certain amount of liability coverage on the back before you can buy insurance. This coverage begins when you are sued for an amount exceeding the limits of your automobile insurance.
* Underinsured driver injury coverage (UIM) coverage for injuries due to the operation of vehicles that fall under the liability policy when the accident causing injury, but has liability coverage inadequate to fully improve the injured party for all general and special damages.
* Injury, uninsured motorist (UM) coverage covers your personal injury claim against the driver who has no automobile liability insurance.
* Uninsured Motorists Insurance (UMPD) Cover your losses by a person identified responsible for the accident, uninsured drivers. This option is available if you choose not to purchase collision coverage.