Auto Insurance Terms

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Top 6 Car Insurance Companies in New York

Although Progressive is far behind the top companies in terms of market share ... posted about $525 million in written premiums for a 4.7% share of the New York auto insurance market. The company has seen a decline in its market share from 5.1% in 2011.. Allstate wants to spy on its auto insurance clients, patent reveals: A newly discovered patent filed by Allstate Corp. proposes to use new and existing technology to monitor everything related to the company’s auto insurance clients ... of selling driver data. Under terms of a potential agreement, Allstate insureds .... Loan terms for used vehicles grow as inventory becomes 'younger, pricier': Used-vehicle loan terms generally mirror new-vehicle trends, Jessica Caldwell, director of industry analysis for Edmunds.com, told Automotive News. The average loan term on a new vehicle rose to 68.1 months in July. Still, “the used-car term is .... How motor insurance policy add-on covers work: In simple terms, IDV is the market value of your car which depreciates ... Source: Coverfox.com NCB Protect A car insurance policy earns No Claim Bonus (NCB) in the year when the policyholder makes no claim. This NCB starts at 20% and increases annually ...

Ways to Save on Costly Insurance Premiums: whether it’s for your car, your health or your home. However, there are ways you can save depending on your insurance plans. While the steps below can save you money, check your insurance policy terms and agreements before you act. Insurance companies .... Local Governments Question Insurance Coverage: We’re required to have auto insurance if we drive or own a car ... who can decide if Pool Pact is correctly interpreting the terms of the policy. However, unlike a private insurance company, Pool Pact cannot be sued for damages or other charges. “. So you think you know about car insurance?: Car insurance in North America is a legal requirement for anyone ... Differences among states also exist in terms of insurance premiums. Michigan and Louisiana are believed to be the worst when it comes to premiums with drivers paying ridiculously high ...

Auto insurance terms and definitions

Adjuster-- A person who evaluates an insurance claim and determines the amount to be paid. Agent-- A person authorized to sell and service insurance policies. Auto insurance score-- Like a credit score, this score is based on information found in a .... Spy car’ worries raised by new Allstate patent: “So my car spies on me and on other drivers near me?” Bob Hunter, insurance director for the Consumer Federation ... Lane said he believes Allstate “is at the tip of the iceberg” in terms of developing and using sensors to collect such data.. Auto Insurance Quotes Can Show Clients What Cars Are Best Rated By Agencies!: When determining car insurance prices, an agency will rate the applicant's car. Some models score higher in terms of safety standards and will be cheaper to insure. If drivers are undecided what type of vehicle to purchase, comparing car insurance quotes ...

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Car Insurance Terms Glossary | CarInsurance.com

We define and explain every term that you may come across as you shop for car insurance or make a claim.. Car Insurance Terms and Definitions | Progressive: Our guide to auto insurance terms and definitions will help you understand what you're buying when you shop for auto insurance. Read definitions of liability coverage .... Glossary of Common Auto Insurance Terms: Glossary of Common Auto Insurance Terms. NOTICE: This document is for informational purposes only and is not intended to alter or replace the insurance policy.. Auto Insurance Glossary of Terms - RMIIA: Auto Insurance Glossary of Terms. If you feel like you need to take a foreign language course to "speak insurance" don't worry, you're not alone!. Coverage Terms for Auto Insurance | Erie Insurance: Are you confused with the coverage terms of your auto insurance policy? It's time to find out more information from Erie Insurance®.. Auto Insurance Term Glossary from Insurance.com: Items that are specifically denied coverage under the terms of an insurance policy. ... Auto insurance premiums are quoted for either 6 month or annual policy periods.. Auto Insurance Definition | Investopedia: DEFINITION of 'Auto Insurance' A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out of pocket .... Car Insurance Glossary | Automotive.com: Get the car insurance terms straight. Check out the auto insurance glossary at Automotive.com.. Types of Car Insurance | CarInsurance.com: Find out everything you need to know about the various types of car insurance, so you know which ones to buy and which ones not to.. Insurance Glossary | Understand Insurance Terms and Policy ...: Our glossary is divided alphabetically by insurance term in a quick reference guide to assist understanding the language commonly used by insurance companies.

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