Insurance Terms


Our insurance terms glossary is divided alphabetically by insurance terms in a quick reference guide to assist understanding the language commonly used by insurance companies. Policy documents contain a number of insurance terms because they typically define the limitations of risk and liability on the insured and any exclusions of coverage.

If you plan to start a new policy or renew your current policy with a carrier or agency, it is important to review and understand the policy differences behind individual quotes from multiple carriers. Lower policy premiums may be the result of decreased payout benefits, higher deductibles, or maximum damages allowed. It is important to identify these unique features in any policy comparison, otherwise a lower price may come at a much higher cost when you have to file a claim for loss or damages in the future.

Select the first letter of the word or term to locate a definition and brief description. For example, to get help with the terms “Automobile Liability Insurance” or “Premium”, select either the letter A or P from the images below:

Get Quote

 

 

     

Don’t see an insurance term listed here? Chat with us below or ask Customer Service for assistance.

If you liked this article, then please subscribe to our Newsletter. You can also find us on YouTube, Twitter, Instagram and Facebook.

 

Get Quote


Did you know that if you subscribe to our website, you will receive email notifications whenever content changes or new content is added.
1. Enter your e-mail address below and click the Sign Me Up button.
2. You will receive an email asking you to confirm your intention of subscribing to our site.
3. Click the link in the email to confirm. That’s all there is to it!

Enter your email address below to subscribe to Beanyblogger.com.

Note: if you wish to unsubscribe from our site, click the unsubscribe link at the bottom of the email you received.
Then indicate you no longer wish to receive our emails.

Thank You
Beanyblogger.com


Posted in Insurance Terms.

Leave a Reply