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Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
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.
Uninsured Motorist Coverage (UMC)
Provides coverage for a policyholder involved in a collision with a driver who does not have liability insurance.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
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.
Insurer
The insurance company providing the insurance.
Cancellation
The termination of an insurance policy before its normal expiration date.
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
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