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Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
Uninsured Motorist Coverage (UMC)
Provides coverage for a policyholder involved in a collision with a driver who does not have liability insurance.
Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value.
Vehicle ID No. (VIN)
This 17 character number is unique to each vehicle. It identifies characteristics of the vehicle, including manufacturer, year, model, body, engine specifications, and serial number.
Salvage
Property taken over by an insurer to reduce its loss.
Medical Payments Coverage
Covers the medical costs (up to the specified limit you choose) resulting from an auto accident for you, your family, and others in your car. It pays regardless of fault.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Broker
A person who for payment of a fee procures insurance on your behalf.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
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