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Limited Tort
Offers savings on your premiums. You are still able to recover all out-of-pocket medical and other expenses, however you are not able to recover non-monetary damages or receive payments for pain and suffering unless injuries are defined as serious.
Salvage
Property taken over by an insurer to reduce its loss.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
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.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Gap Insurance
Insurance that pays the difference between the actual cash value of a vehicle and the amount still to be paid on the loan. Some gap policies may also cover the amount of the deductible.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Vehicle ID No. (VIN)
This 17 character number is unique to each vehicle. It identifies characteristics of the vehicle, including manufacturer, year, model, body, engine specifications, and serial number.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
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