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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.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Premium
The money paid for an insurance policy based upon the coverage provided.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Insurer
The insurance company providing the insurance.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Subrogation
The process in which an insurance company, after paying a loss to its insured, recovers the amount of the loss for damages (plus the insured's deductible) from the legally liable party.
Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.
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