Accident Terms and Definitions

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.

Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.

Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.

Towing & Labor Coverage
Pays for towing charges when your car can’t be driven. Also pays labor charges, such as changing a flat tire, at the place where your car broke down.

Venue
The specific county, city or geographical area in which a court has jurisdiction

Broker
A person who for payment of a fee procures insurance on your behalf.

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

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

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