Auto Insurance Glossory

DEDUCTIBLE :

It is the amount which an insure personal use to pay before their Insurance Company Pays them a Remainder of each and every covered loss, these are just the definations of the terms widely Used In Auto Insurance.It is Upto a Certain Policy limits.Oh yess INsurance yess yess yess


MULTI CAR DISCOUNT :

If you have more than one car which is auto Insured by the same company and by the same policy you might get discount for that,this is offered by some companies.


PERSONAL AUTO POLICY(PAP):

PAP provides insurance of Medical,liability,motorist coverage and physical damage too.as asoon as you get the Insurance


NO FAULT iNSURANCE:

Some states have passed laws permitting the victims of auto accident to collect their expenses of hospital & medical directly from their auto insurance company rather then the person who was at fault while driving.

TERMS:

Simply the time at which agreement is effective.

USAGE:

It reffered to primary usage of car like from driving home to Office etc .