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Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Negligence
The absence of ordinary care.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
Insurer
The insurance company providing the insurance.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
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.
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