Insurance Term Glossary
Insurance is inherently intricate. However, our exhaustive guide to prevalent insurance terminology provides an in-depth understanding of insurance policies, their coverages, and foundational terms. By consulting the glossary of definitions provided, you can enhance your policy comprehension and gain insights into various insurance categories.
- Accelerated Death Benefits
- Accident
- Accident Forgiveness
- Actual Cash Value (ACV)
- Actuary
- Additional Insured
- Additional Living Expenses
- Adjuster
- Admitted Company
- Advance Premium
- Adverse Carrier
- Adverse Selection
- After-Market Parts
- Agency Companies
- Agent
- Agreed Price
- Agreed Value Policy
- Alien Company
- All-Risk Insurance
- Alterations Coverage
- Alternative Markets
- Amendment
- Animal Liability
- Annual Percentage Rate
- Annuity
- Anti-lock Braking System (ABS)
- Anti-Theft Device
- Applicant
- Appraisal
- Arbitration
- Arson
- Assessed Value
- Asset Risk
- Assets
- Assigned Risk (AIP)
- Assignment of Benefits (AOB)
- Assuming Company
- Assured
- At-Fault
- Audit Premiums
- Auto Damage (AD)
- Auto Damage Adjuster
- Auto Insurance Policy
- Auto Theft
- Cancelation
- Captive Insurer
- Carrier
- Cashless Claim
- Catastrophe
- Certificate of Financial Responsibility (CFR)
- Certificate of Satisfaction
- Claim
- Claim Examiner
- Claimant
- CLUE® Report
- Collision Coverage
- Comparative Negligence
- Competitive Auto Repair Parts
- Competitive Estimate
- Comprehensive Physical Damage Coverage
- Condition
- Condo Insurance
- Contributory Negligence
- Coverage
- Customized Vehicle
- Paid-Up Additional Insurance
- Paperless Billing
- Paperless Policy
- Passive Restraint System
- Payment Plans
- Payment Recovery
- Peril
- Personal Injury Protection
- Personal Property
- Physical Damage
- Policy
- Policy Change
- Policyholder
- Policyholder Service Center
- Pre-accident Condition
- Primary Insurance
- Proof of Loss
- Property Damage Liability Coverage
- Proximate Cause