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Negligence
The absence of ordinary care.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Total Loss
An insurance company declares a vehicle a total loss when a claim exceeds the full value of the vehicle. Insurance companies typically take possession and obtain the title of such vehicles.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
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