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Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
Venue
The specific county, city or geographical area in which a court has jurisdiction
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.
Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Exclusion
A contractual provision in an insurance policy that denies coverage for certain perils, persons, property, or locations.
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.
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