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Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
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.
Summons
Document or writ directing the sheriff or other officer to notify a person that an action has been commenced against him in court and that he is required to appear, on a certain day, and answer the complaint in such action.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Salvage
Property taken over by an insurer to reduce its loss.
Limited Tort
Offers savings on your premiums. You are still able to recover all out-of-pocket medical and other expenses, however you are not able to recover non-monetary damages or receive payments for pain and suffering unless injuries are defined as serious.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Exclusion
A contractual provision in an insurance policy that denies coverage for certain perils, persons, property, or locations.
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
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