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Underinsured Motorist Coverage
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).
Venue
The specific county, city or geographical area in which a court has jurisdiction
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Producer
A term applied to an agent, solicitor or other person who sells insurance.
Private Passenger Automobile
Four-wheeled motor vehicles of the private passenger, station wagon, or van type. Private passenger automobiles are designed for use on public highways and subject to motor vehicle registration.
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
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.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
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.
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