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Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
Broker
A person who for payment of a fee procures insurance on your behalf.
Premium
The money paid for an insurance policy based upon the coverage provided.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Subrogation
The process in which an insurance company, after paying a loss to its insured, recovers the amount of the loss for damages (plus the insured's deductible) from the legally liable party.
Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
Insurer
The insurance company providing the insurance.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
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