Accident Terms and Definitions

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.

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.

Quote
An estimate of the cost of insurance based on information supplied to the insurance company.

Policy
Written contract of insurance.

Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.

Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.

Commissioner of Insurance
The title of the head of most state insurance departments. In some states, the Director or Superintendent of Insurance is used instead.

Broker
A person who for payment of a fee procures insurance on your behalf.

Commission
That portion of the premium paid to the agent as compensation for his or her services.

Subpoena
Document issued by the authority of the court to compel a witness to appear and give testimony or produce documentary evidence in a proceeding. Failure to appear or produce is punishable by contempt of court.