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Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
Replacement Cost
Replacement cost is the cost of replacing lost or damaged property with new property of like kind and quality, at current market prices.
Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
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.
Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Premium
The money paid for an insurance policy based upon the coverage provided.
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