Accident Terms and Definitions

Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.

Insurer
The insurance company providing the 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.

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.

Premium Finance Company
A lending institution that finances insurance premiums for a fee.

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.

Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.

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

Venue
The specific county, city or geographical area in which a court has jurisdiction

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