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Private Passenger Automobile
Four-wheeled motor vehicles of the private passenger, station wagon, or van type. Private passenger automobiles are designed for use on public highways and subject to motor vehicle registration.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Premium
The money paid for an insurance policy based upon the coverage provided.
Underinsured Motorist Coverage
Pays for bodily injury or wrongful death caused by an underinsured motor vehicle (that is, a vehicle which is insured, but at an amount that is less than your uninsured motorist bodily injury (UMBI) limits).
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Negligence
The absence of ordinary care.
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