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Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Negligence
The absence of ordinary care.
Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
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.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Insurer
The insurance company providing the insurance.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
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