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Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.
Insurer
The insurance company providing the insurance.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Premium
The money paid for an insurance policy based upon the coverage provided.
Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Policy
Written contract of insurance.
Salvage
Property taken over by an insurer to reduce its loss.
Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or jurisdiction.
Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
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