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Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
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.
Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Premium
The money paid for an insurance policy based upon the coverage provided.
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.
Broker
A person who for payment of a fee procures insurance on your behalf.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
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