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Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Summons
Document or writ directing the sheriff or other officer to notify a person that an action has been commenced against him in court and that he is required to appear, on a certain day, and answer the complaint in such action.
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.
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.
Insurer
The insurance company providing the insurance.
Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
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.
Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
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