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Broker
A person who for payment of a fee procures insurance on your behalf.
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.
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.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Premium
The money paid for an insurance policy based upon the coverage provided.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
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.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
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