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January 07, 2009
Car-Accidents
             
 
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Accident Terms and Definitions

 
 

Insurer
The insurance company providing the insurance.

Broker
A person who for payment of a fee procures insurance on your behalf.

Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value.

Salvage
Property taken over by an insurer to reduce its loss.

Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.

Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.

Cancellation
The termination of an insurance policy before its normal expiration date.

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.

Insured
The person(s) entitled to coverage in case of an accident or loss.

Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.


Contact our Bronx Accident Lawyers if you have ever experienced a personal injury and think others are at fault for the accident.

 
Did You Know?    
 
 
Studies Discover The Level Of Education A Person Has, Corresponds With Their Vehicle Death Rate
A study by the Insurance Institute for Highway Safety found that the level of education a person has corresponds with their vehicle death rate. Men and women without a high school diploma had three times the fatality risk of those who had some education beyond high school.

 


  Newsroom  
 


Fleeing suspect gravely injured in crash
A 19-year-old Riverside male suffered grave injuries in a collision with a telephone pole early Thursday morning after fleeing from police at a hig...
Read more >


Iteris Reports a 65 Percent Reduction in Accidents
Maverick USA, based in Little Rock, Ark., began upgrading the safety of its national fleet of 1,000 trucks with initial deployments of the Iteris L...
Read more >


Risked The Life Of A State Employee
Just after noon on Thursday (August 12), Washington State Department of Transportation  Maintenance Technician 2 Guy Copeland was busy mowing ...
Read more >


More news >

 
 

Terms

 


Today's Terms

Premium

Definition:
The money paid for an insurance policy based upon the coverage provided.

Total Loss

Definition:
An insurance company declares a vehicle a total loss when a claim exceeds the full value of the vehicle. Insurance companies typically take possession and obtain the title of such vehicles.

Binder

Definition:
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.

More Terms >

 

Resources

 


More Resources >

 

Hot Topics

 

  • DUI Car Accidents
  • Aggresive Driving
  • Catastrophic Injuries
  • Speeding Accidents

More Topics >

Bronx Car Accident Lawyers

 
If you live in one of the following cities and have been in an auto accident you should contact an Bronx Car Accident Lawyers as soon as possible:

  • Astoria
  • Auburn
  • Bay Shore
  • Brentwood
  • Bronx
  • Brooklyn
  • Buffalo
  • Corona
  • Elmhurst
  • Elmont
  • Endicott
  • Fairport
  • Far Rockaway
  • Flushing
  • Forest Hills
  • Freeport
  • Hamburg
  • Hempstead
  • Huntington
  • Huntington Station
  • Ithaca
  • Jackson Heights
  • Jamaica
  • Jamestown
  • Levittown
  • Lindenhurst
  • Lockport
  • Long Beach
  • Massapequa
  • Middletown
  • New York
  • Newburgh
  • North Tonawanda
  • Patchogue
  • Poughkeepsie
  • Rego Park
  • Ridgewood
  • Rochester
  • Rome
  • South Ozone Park
  • South Richmond Hill
  • Spring Valley
  • Staten Island
  • Tonawanda
  • Troy
  • Webster
  • West Babylon
  • Westbury
  • Whitestone
  • Woodside
  • Yonkers
  Need to find a Car Accident Lawyer Nationwide? Visit CarAccidentAttorneys.com


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