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Vehicle ID No. (VIN)
This 17 character number is unique to each vehicle. It identifies characteristics of the vehicle, including manufacturer, year, model, body, engine specifications, and serial number.
Cancellation
The termination of an insurance policy before its normal expiration date.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
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.
Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
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.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
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