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Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Underinsured Motorist Coverage
Pays for bodily injury or wrongful death caused by an underinsured motor vehicle (that is, a vehicle which is insured, but at an amount that is less than your uninsured motorist bodily injury (UMBI) limits).
Private Passenger Automobile
Four-wheeled motor vehicles of the private passenger, station wagon, or van type. Private passenger automobiles are designed for use on public highways and subject to motor vehicle registration.
Medical Payments Coverage
Covers the medical costs (up to the specified limit you choose) resulting from an auto accident for you, your family, and others in your car. It pays regardless of fault.
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Commissioner of Insurance
The title of the head of most state insurance departments. In some states, the Director or Superintendent of Insurance is used instead.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Premium
The money paid for an insurance policy based upon the coverage provided.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
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