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Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Medical Payments Coverage
Covers the medical costs (up to the specified limit you choose) resulting from an auto accident for you, your family, and others in your car. It pays regardless of fault.
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.
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.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
Negligence
The absence of ordinary care.
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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