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Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or jurisdiction.
Premium
The money paid for an insurance policy based upon the coverage provided.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Misdemeanor
Criminal offenses less than felonies; generally those punishable by fine or imprisonment of less than 90 days in a local facility. A gross misdemeanor is a criminal offense for which an adult could be sent to jail for up to one year, pay a fine up to $5,000 or both.
Broker
A person who for payment of a fee procures insurance on your behalf.
Commissioner of Insurance
The title of the head of most state insurance departments. In some states, the Director or Superintendent of Insurance is used instead.
Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Exclusion
A contractual provision in an insurance policy that denies coverage for certain perils, persons, property, or locations.
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