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Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Summons
Document or writ directing the sheriff or other officer to notify a person that an action has been commenced against him in court and that he is required to appear, on a certain day, and answer the complaint in such action.
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.
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.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Policy
Written contract of insurance.
Negligence
The absence of ordinary care.
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