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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.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
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.
Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Premium
The money paid for an insurance policy based upon the coverage provided.
Dismantled Title
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.
Venue
The specific county, city or geographical area in which a court has jurisdiction
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