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July 03, 2009

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Accident Terms and Definitions

Negligence
The absence of ordinary care.

Policy
Written contract of insurance.

Broker
A person who for payment of a fee procures insurance on your behalf.

Replacement Cost
Replacement cost is the cost of replacing lost or damaged property with new property of like kind and quality, at current market prices.

Salvage
Property taken over by an insurer to reduce its loss.

Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.

Premium
The money paid for an insurance policy based upon the coverage provided.

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).

Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.

Nonrenewal
The termination of an insurance policy at its normal expiration date.

Contact our Wisconsin Accident Lawyers if you have ever experienced a personal injury and think others are at fault for the accident.

Did You Know?

SUV Fatalities And Injuries Have Increased By 43%
Fatalities and injuries in accidents involving SUVs have risen by 43%. Part of this rise in casualties is due to the large increase of SUV vehicles on the road in the past 10 years.

	Newsroom
	Two-Vehicle Crash Critically Injures Teen Chesterfield County Police are investigating a two-vehicle crash that critically injured a 16-year-old girl. The crash occurred in the 9000 block o... Read more > Plano East Senior High School Mock Pre-Prom Car Crash Helps Curb Alcohol-Related Accidents The morning of Tuesday, April 10, 2007, the City of Plano Youth Advisory Commission, Plano Police and Fire Departments, PESH Principal Karen McDona... Read more > Department Of Insurance Investigators Break Up Auto Fraud Ring Insurance Commissioner Steve Poizner today announced the arrest of two suspects in connection with staging automobile accidents in California and f... Read more > More news >

Terms

Today's Terms

Scrapped

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

Hit and Run

Definition:
An accident caused by someone who does not stop to assist or provide the required and necessary information.

Comprehensive Coverage

Definition:
Pays for damage to your car caused by reason other than collision, such as fire, theft, windstorm, flood, etc.

More Terms >

Resources

More Resources >

Hot Topics

DUI Car Accidents
Aggresive Driving
Catastrophic Injuries
Speeding Accidents

Wisconsin Car Accident Lawyers

If you live in one of the following cities and have been in an auto accident you should contact an Wisconsin Car Accident Lawyers as soon as possible:

Appleton
Beloit
Burlington
Chippewa Falls
De Pere
Eau Claire
Fond Du Lac
Franklin
Green Bay
Janesville
Kenosha
La Crosse
Madison
Manitowoc
Marshfield
Menomonee Falls

Milwaukee
Neenah
New Berlin
Oak Creek
Oconomowoc
Oshkosh
Racine
Sheboygan
Stevens Point
Sun Prairie
Superior
Waukesha
Wausau
West Bend
Wisconsin Rapids

Need to find a Car Accident Lawyer Nationwide? Visit CarAccidentAttorneys.com

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Wisconsin Auto Accident Attorney.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

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