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Cancellation
The termination of an insurance policy before its normal expiration date.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Salvage
Property taken over by an insurer to reduce its loss.
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
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.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value.
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.
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