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Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
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.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
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).
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
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.
Policy
Written contract of insurance.
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