What Do I Need To Know About Auto Insurance?

Definition of "What do I need to know about Auto Insurance?"

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of the vehicle and actual cash value of it also can help in determining the right coverage for your auto. Contact one of our agents and we will tell you which coverage options are optional and what are not. We will also identify the coverage that is important for you to carry depending on you circumstances and not ours; hence you will receive the quote you have always been looking for.

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Popular Insurance Glossary Terms

Same as term Associate in Automation Management: professional designation earned after the successful completion of three national examinations given by the insurance institute of America ...

Coverage for a group of individuals under one policy. Usually, members belong to a particular company, union, or trade association. In a contributory plan a lump sum premium is paid by the ...

Modifications of the single premium deffered annuity, which usually guarantees at a minimum a return of a stipulated amount (usually at least 90% of the single premium accumulated at the ...

Endorsement to an automobile insurance policy that protects an insured in either or both of two circumstances when driving a non owned car: business endorsement if the insured's negligent ...

Same as term Coverage: protection under an insurance policy. In property insurance, coverage lists perils insured against, properties covered, locations covered, individuals insured, and ...

Funds set aside by an insurance company to pay incurred losses which have not yet been paid. ...

Trade association of surplus lines agents and insurers. ...

Portion of a property or liability loss retained by a policyholder. Most policyholders do not purchase insurance to cover their entire exposure. Rather, they elect to take a deductible, or ...

Same as term Agreed Amount Clause: in property insurance, a stipulated agreement between the insurance company and the insured that the amount of insurance coverage under the policy is ...