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Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
Broker
A person who for payment of a fee procures insurance on your behalf.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Salvage
Property taken over by an insurer to reduce its loss.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
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.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Replacement Cost
Replacement cost is the cost of replacing lost or damaged property with new property of like kind and quality, at current market prices.
Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
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