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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.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
Policy
Written contract of insurance.
Subpoena
Document issued by the authority of the court to compel a witness to appear and give testimony or produce documentary evidence in a proceeding. Failure to appear or produce is punishable by contempt of court.
Uninsured Motorist Coverage (UMC)
Provides coverage for a policyholder involved in a collision with a driver who does not have liability insurance.
Towing & Labor Coverage
Pays for towing charges when your car can’t be driven. Also pays labor charges, such as changing a flat tire, at the place where your car broke down.
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