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Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Misdemeanor
Criminal offenses less than felonies; generally those punishable by fine or imprisonment of less than 90 days in a local facility. A gross misdemeanor is a criminal offense for which an adult could be sent to jail for up to one year, pay a fine up to $5,000 or both.
Premium
The money paid for an insurance policy based upon the coverage provided.
Insurer
The insurance company providing the insurance.
Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Uninsured Motorist Coverage (UMC)
Provides coverage for a policyholder involved in a collision with a driver who does not have liability insurance.
Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
Claim
Notice to an insurer of a loss that under the terms and conditions of a policy may be covered.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
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