Accident Terms and Definitions

Producer
A term applied to an agent, solicitor or other person who sells insurance.

Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.

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.

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

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

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

Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.

Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.

Insurer
The insurance company providing the insurance.