Accident Terms and Definitions

Quote
An estimate of the cost of insurance based on information supplied to the insurance company.

Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.

Salvage
Property taken over by an insurer to reduce its loss.

Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.

Broker
A person who for payment of a fee procures insurance on your behalf.

Subpoena
Document issued by the authority of the court to compel a witness to appear and give testimony or produce documentary evidence in a proceeding. Failure to appear or produce is punishable by contempt of court.

Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.

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.

Commission
That portion of the premium paid to the agent as compensation for his or her services.

Hearsay
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.