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Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Negligence
The absence of ordinary care.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Underinsured Motorist Coverage
Pays for bodily injury or wrongful death caused by an underinsured motor vehicle (that is, a vehicle which is insured, but at an amount that is less than your uninsured motorist bodily injury (UMBI) limits).
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.
Gap Insurance
Insurance that pays the difference between the actual cash value of a vehicle and the amount still to be paid on the loan. Some gap policies may also cover the amount of the deductible.
Summons
Document or writ directing the sheriff or other officer to notify a person that an action has been commenced against him in court and that he is required to appear, on a certain day, and answer the complaint in such action.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
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