Insurance

An arrangement in which a company provides monetary compensation to a person for loss or damages.

• Insurance

• Deductible

• Premium

• Policy

Monthly payment that must be made in order to be insured.

• Policy

• Premium

• Deductible

• Floater

Amount of insurance company's loss that must be paid by the policyholder, usually once a year.

• Deductible

• Premium

• Floater

• Rider

The person who insurance companies consider caused a car accident.

• At-Fault

• Violator

• Plaintiff

• Defedent

Car insurance which will provide compensation for medical expenses, and death.

• Personal Injury Protection

• No Fault Insurance

• Uninsured Insurance

• Comprehensive

Insurance needed in case you are involved in an accident with a driver who has no insurance

• Uninsured Motoris

• Comprehensive

• Liability

• Premium Insurance

Insurance that will cover damages to YOUR vehicle in an accident.

• Collision

• Comprehensive

• Liability

• Uninsured

Insurance that will cover non-accident related damage to a vehicle

• Comprehensive

• Collision

• Liability

• No Fault

Compensates the OTHER party's damage to their vehicle in an accident.

• Liability

• No Fault

• Comprehensive

• Uninsured

Label used by car insurance companies for those who have a history of reckless driving

• Assigned Risk

• Claimant

• Reckless Driver

• Repeat Offender