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Venue
The specific county, city or geographical area in which a court has jurisdiction
Scrapped
Vehicles that have been dismantled and/or crushed and should not return to the road.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
Gap Insurance
Insurance that pays the difference between the actual cash value of a vehicle and the amount still to be paid on the loan. Some gap policies may also cover the amount of the deductible.
Medical Payments Coverage
Covers the medical costs (up to the specified limit you choose) resulting from an auto accident for you, your family, and others in your car. It pays regardless of fault.
Premium
The money paid for an insurance policy based upon the coverage provided.
Cancellation
The termination of an insurance policy before its normal expiration date.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
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