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February 06, 2012
Car-Accidents
             
 
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Accident Terms and Definitions

 
 

Commission
That portion of the premium paid to the agent as compensation for his or her services.

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

Medical Payments Coverage
Covers the medical costs (up to the specified limit you choose) resulting from an auto accident for you, your family, and others in your car. It pays regardless of fault.

Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.

Quote
An estimate of the cost of insurance based on information supplied to the insurance company.

Negligence
The absence of ordinary care.

Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.

Hearsay
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.

Producer
A term applied to an agent, solicitor or other person who sells insurance.

Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.


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

 
Did You Know?    
 
 
Motor Vehicle Crashes Are The Leading Cause Of Death Among Latinos Ages 1 to 44
According to the National Highway Traffic Safety Administration, motor vehicle crashes are the leading cause of death among Latinos ages 1 to 44. At highest risk are Hispanic children ages 5 to 12 who are 72% more likely to die in motor vehicle crashes than non-Hispanic children.

 


  Newsroom  
 


Median Barriers Could Have Prevented Traffic Accident Involving Drunk Driver
In a report adopted today, the National Transportation Safety Board determined that alcohol impairment caused a driver to lose control of his vehic...
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There's The Cost Of The Vehicle
Driving is a privilege, but it comes with a price tag. There's the cost of the vehicle itself, maintenance, repairs, fuel and auto insurance. Many ...
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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 ...
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More news >

 
 

Terms

 


Today's Terms

Dismantled Title

Definition:
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.

Insurer

Definition:
The insurance company providing the insurance.

Underinsured Motorist Coverage

Definition:
Pays for bodily injury or wrongful death caused by an underinsured motor vehicle (that is, a vehicle which is insured, but at an amount that is less than your uninsured motorist bodily injury (UMBI) limits).

More Terms >

 

Resources

 


More Resources >

 

Hot Topics

 

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

More Topics >

Indiana Car Accident Lawyers

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

  • Bloomington
  • Brownsburg
  • Carmel
  • Columbus
  • Connersville
  • Crawfordsville
  • Crown Point
  • East Chicago
  • Elkhart
  • Evansville
  • Fishers
  • Fort Wayne
  • Franklin
  • Goshen
  • Granger
  • Greenfield
  • Greenwood
  • Hobart
  • Huntington
  • Indianapolis
  • Jeffersonville
  • Kokomo
  • La Porte
  • Lafayette
  • Logansport
  • Marion
  • Martinsville
  • Merrillville
  • Michigan City
  • Mishawaka
  • Muncie
  • New Albany
  • New Castle
  • Newburgh
  • Noblesville
  • Peru
  • Plainfield
  • Portage
  • Richmond
  • Seymour
  • Shelbyville
  • South Bend
  • Terre Haute
  • Valparaiso
  • Vincennes
  • West Lafayette
  Need to find a Car Accident Lawyer Nationwide? Visit CarAccidentAttorneys.com


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