|
| The person or persons designated as the insured in
an insurance policy. |
 |
|
| An insurance policy which covers only defined perils
or causes of loss. This is the opposite of an All-Risk
policy which covers all perils except those specifically
excluded. |
|
|
| A government regulated type of automobile insurance
in which each party's own insurance pays for their damage
and injury regardless of who is at fault. |
|
|
| An insurer not licensed to write insurance in a specific
state. |
|
| Non-Owned
and Hired Car Coverage |
|
|
|
| Non-owned and hired car coverage is for policies written
with limits of liability of $1 million or more. It provides
coverage for rental or borrowed autos as long as the
insured does not own any private passenger vehicles,
pick-up, panel truck or van and the use does not exceed
30 days. |
|
|
| When an insurance company decides it will not provide
you insurance anymore. |
|
|
| RETURN
TO TOP |
|
