Common Terms in car insurance quotes for cheap car insurance in ga
Below are some of the terms for travel insurance and travelers insurance ,
car insurance Adjuster - The person from your car insurance companies who investigates and evaluates your damage and losses.
insurance agent - An individual or organization licensed to sell and service insurance policies for an auto insurance companies.
insurance broker - Fee Agreement - The contract between you and your broker. It lists the fees for your broker's services
insurance Cancellation - When you or your insurance company ends your policy early. They might do this because you did not pay your premium. You might cancel your policy because you are no longer own or drive a car.
insurance claim - Your request to an insurance companies to cover an accident or other loss.
full coverage car insurance - Pays for damage to your car caused by physical contact with another vehicle or an object, such as a tree, rock, guardrail, building, or person. insurance coverage makes you to get the loss of your property
Commission - The fee that an insurance company pays an agent or broker when they sell a policy
Comprehensive coverage - Pays for damage to your car caused by something other than a collision, such as fire, theft, vandalism, windstorm, flood, falling objects, etc.
Deductible - The amount of the loss that you must pay before your insurance company pays anything. Only comprehensive and collision coverage have deductibles.
Gap coverage - This pays the difference between the fair market value of your new car and the balance you owe on your loan or lease.
Insured - The person who can receive covered benefits in case of an accident or loss. Also called the policyholder.Addition to the "car insurance" the policyholder will be advised to take "life insurance" too.
car insurance companies - Insurer - The company that issues your insurance. compare car insurance to look for the "cheap insurance" companies. auto insurance companies will provide you the auto insurance quotes to you. If you feel it's a "best auto insurance" company go ahead with them.
Liability coverage - car insurance that helps pay for the injuries and damage to others from accidents that are not your fault. affordable insurance and comprehensive car insurance are key factors you need to check for the getting insurance.
Surcharge - An extra charge that is added to the premium by an insurance company. This usually happens because a covered driver has had an accident or moving violation that is their fault.
Subrogation - When one insurance company pays money on a claim, and then tries to get paid back or reimbursed by another insurance company
Declarations page - Usually the first page of an insurance policy. It lists the full legal name of your insurance company, the amount and types of coverage, the deductibles, and the vehicle(s) insured.
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