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Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value.
Towing & Labor Coverage
Pays for towing charges when your car can’t be driven. Also pays labor charges, such as changing a flat tire, at the place where your car broke down.
Salvage
Property taken over by an insurer to reduce its loss.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Venue
The specific county, city or geographical area in which a court has jurisdiction
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.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
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