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Subrogation
The process in which an insurance company, after paying a loss to its insured, recovers the amount of the loss for damages (plus the insured's deductible) from the legally liable party.
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.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Comprehensive Coverage
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
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.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
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