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General Auto Definitions | General Homeowners Definitions
General Auto Definitions
Antitheft Device
Select Recovery Device if the system has a device that is capable of tracking (homing) and recovering the vehicle. These systems must automatically contact a response center where the process of vehicle recovery begins. This does not include alarms which do not have contact with a center or vehicle tracking. To receive an anti-theft discount, comprehensive and collision coverage must be present on your policy.
Bodily Injury Liability Coverage
Pays when an insured person is legally liable for bodily injury or death caused by your vehicle or your operation of most non-owned vehicles. This coverage also pays for your legal defense if you are sued.
Common Exclusions: No coverage for (1) bodily injury/death when you are using your vehicle to carry persons or property (including magazines, newspapers, food) for compensation or a fee; (2) liability assumed under a contract; (3) bodily injury/death to an employee; (4) bodily injury/death caused by an intentional act; (5) property owned by, rented to, or in the charge of an insured person; (6) bodily injury/death to you or relative; (7) bodily injury/death or property damage resulting from a relative's use of a vehicle, other than a covered vehicle, owned by a person who resides with you; or (8) bodily injury or property damage resulting from your operation or use of a vehicle owned by you, other than a covered vehicle.
Comprehensive Coverage
Pays for loss or damage to your covered vehicle caused by any event other than collision. This includes damages due to events such as fire, theft, windstorm, flood, and vandalism. We will also pay transportation and loss of use expenses under this coverage if your motor vehicle is stolen.
Collision Coverage
Pays for loss to your covered vehicle when it collides with another object or overturns. We will also pay for a collision loss to any non-owned vehicle, or to a vehicle you have rented other than a vehicle rented for use in connection with your business or employment, while that vehicle is in your custody, or while you are operating it.
Common Exclusions: No coverage for damages or loss (1) to a vehicle while being used to carry persons or property for compensation or a fee; (2) resulting from intention acts, racing, or preparing for a race or stunting activity; (3) customs parts or equipment, including electronic equipment, in excess of the value declared in the application; or (4) to tapes, compact discs, other media or their carrying cases.
Declarations Page
The report from your insurance company listing:
- the types of coverage you have elected;
- the limit for each coverage;
- the cost for each coverage;
- the specified vehicles covered by the policy;
- the types of coverage for each vehicle covered by the policy; and
- other information applicable to the policy.
Deductible
The amount of each loss you agree to pay. Generally, choosing a higher deductible will lower your premium.
Driver Improvement Course
A voluntary refresher course available for drivers age fifty-five (55) and older to enhance their driving skills. Participants are eligible for a discount if they can provide a certificate to Insurance companies as proof of completion. The course must have been completed within three (3) years of the date the policy is to begin.
Driver Status
Provides information concerning whether the driver has been rated or listed on the policy.
Garaging Location
The ZIP code where your vehicle is parked when not in use and usually corresponds to your primary residence.
Limits
The most we will pay for a specific insurance coverage. You may choose the limit which meets your needs. Most states have laws that specify the minimum limits you must purchase.
Loan/Lease Payoff Coverage
Loan/lease payoff coverage, sometimes called "gap" coverage, pays the difference between what you owe on your vehicle and what your insurance pays if your vehicle is damaged beyond repair (totaled) or stolen and not recovered.
Loan/Lease Payoff Coverage FAQ
Named Insured
The first person in whose name the insurance policy is issued.
Occasional Driver
The person who is not the primary or principal driver of the vehicle.
Personal Injury Protection (pip):
Coverage for medical expenses and income loss for all occupants of your car.
Policy Expiration Date
The date when your current insurance policy expires. This date can be found on your current policy, Declaration (or "DEC") page, insurance identification card or recent cancellation notice. This date is not to be confused with the date of your next payment or when your renewal payment is due.
Policy Term
The length of time that the policy is in force.
Primary Residence
The place where you will reside for the majority of your policy term. If you are a homeowner who does not reside in the home you own, please choose the "rent" or "other" option.
Principal Driver
The person who drives the car most often.
Property Damage Liability:
Coverage for the property of the other party if you are legally liable. Vehicles and homes are examples of what would be covered under this.
Prior Address
We ask for your prior address only if you moved within the last 60 days. Insurance companies orders consumer reports to determine the correct rate for you. Your prior address provides an additional piece of information to match the consumer report correctly with the customer. If we don't collect this information, our chance of error increases and we might not calculate your rate correctly.
Property Damage Liability Coverage
Pays when an insured person is legally liable for damage to the property of others caused by your vehicle your operation of most non-owned vehicles. This coverage also pays for your legal defense costs if you are sued.
Common Exclusions: Same as Bodily Injury Liability Coverage exclusions, but the exclusions apply to damage to property.
Second Named Insured
The named insured or listed agent on a policy may request to designate any other person listed on the policy as a "second named insured". The second named insured has the same coverage under the policy as the named insured.
Social Security Number
Insurance companies requests detailed information about you to provide you with the most accurate rate. Insurance companies orders consumer reports to determine the correct rate for you. We need several pieces of information to match the report to the customer appropriately. If we don't collect this information, our chance of error increases and we might not calculate your rate correctly.
SR-22
A document required by the court for persons convicted of certain traffic violations that demonstrates proof of financial responsibility.
Uninsured Motorist Coverage
Protects you, your resident relatives, and occupants of a covered vehicle if any of these insured sustain bodily injury, including any resulting death, in an accident in which the owner or operator of a motor vehicle who is legally liable does not have insurance.
Common Exclusions: No coverage for bodily injury/death sustained by any person while using or occupying a (1) covered vehicle while being used to carry persons or property for compensation or a fee; (2) a covered vehicle without the permission of you or a relative; or (3) a non-owned vehicle without the permission of the owner.
Underinsured Motorist Coverage
Protects you, your resident relatives, and occupants of a covered vehicle if any of these insured sustain bodily injury, including any resulting death, in an accident in which the owner or operator of a motor vehicle who is legally liable does not have enough insurance.
Common Exclusions: No coverage for bodily injury/death sustained by any person while using or occupying a (1) covered vehicle while being used to carry persons or property for compensation or a fee; (2) a covered vehicle without the permission of you or a relative; or (3) a non-owned vehicle without the permission of the owner.
Uninsured Motorist Property Damage Coverage
Available in some states as an alternative to Collision Coverage. This coverage pays you for damage to the covered vehicle that has been sustained in an accident in which the owner or operator of a motor vehicle who is legally liable does not have insurance.
Common Exclusions: No coverage for property damage sustained by a covered vehicle while (1) being used to carry persons or property for compensation or a fee; or (2) a covered vehicle without the permission of you or a relative.
Underinsured Motorist Property Damage Coverage
This coverage pays you for damage to the covered vehicle that has been sustained in an accident in which the owner or operator of a motor vehicle who is legally liable is an underinsured motorist. This coverage is available in only a limited number of states.
Common Exclusions: No coverage for property damage sustained by a covered vehicle while (1) being used to carry persons or property for compensation or a fee; or (2) a covered vehicle without the permission of you or a relative.
VIN
The vehicle identification number (VIN) on your vehicle. This number is usually found on the dashboard of your vehicle on the driver's side, and is usually listed on the vehicle registration and title. The VIN number is a combination of letters and numbers 17 characters in length that can be used to identify the make, model, and year of your car.
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General Homeowners Definitions
Dwelling:
Damage to the structure of your home caused by fire, lightning, windstorm, hail, explosion, riot, aircraft, vehicle, smoke, vandalism, theft, burglary and falling objects.
Common exclusions: earthquake, flood and normal maintenance of wear and tear.
Dwelling coverage for condominium owners is for losses to alterations, flooring, fixtures, built-in appliances, and other improvements in your unit that the master policy does not normally cover.
Other Structures:
Detached structures or buildings on your property like a shed, garage, pump house.
Personal Property:
Worldwide coverage for your personal property such as furniture, clothing, stereos, televisions, and kitchen items. There are special limits on some items such as jewelry, furs, firearms, computers and business equipment. Please review your policy for your special limits and request additional coverage if needed.
Loss of Use:
If you are unable to stay in the home after a covered loss, the insurance company may provide other housing like an apartment or hotel while repairs are being completed.
Personal Liability:
Provides coverage for bodily injury or property damage for which you are liable.
Medical Payments to Others:
Covers medical costs for guests injured on your property regardless of fault.
All coverage is subject to policy terms, conditions, limitations and exclusions. Please review your policy for your specific coverage.
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