Glossary of Insurance Terms
Need to learn more about an insurance term? Find an easily accessible list of insurance terms with definitions here at the Insurance Terms Glossary.
Umbrella Liability Insurance
Umbrella liability insurance is becoming more popular as people are realizing how inexpensive an umbrella policy and umbrella coverage can be. See how umbrella liability protection can be a nice added cushion of insurance on top of your existing policies.
Umbrella liability insurance is becoming more popular as people are realizing how inexpensive an umbrella policy and umbrella coverage can be. See how umbrella liability protection can be a nice added cushion of insurance on top of your existing policies.
Health Insurance Coinsurance
When you look at your health insurance policy, usually you will find you have a coinsurance clause. Understanding what your coinsurance is will help you budget better for your health insurance costs.
When you look at your health insurance policy, usually you will find you have a coinsurance clause. Understanding what your coinsurance is will help you budget better for your health insurance costs.
Insurance Underwriting
The insurance underwriting process is different with every company. Learn more about insurance underwriting and how it can affect you.
The insurance underwriting process is different with every company. Learn more about insurance underwriting and how it can affect you.
Out of Network Charges
Out of network hospital costs or fees can sometimes be a surprise on your insurance bill. Make sure you know why you are being charged this fee and if you have to pay the out of network fee.
Out of network hospital costs or fees can sometimes be a surprise on your insurance bill. Make sure you know why you are being charged this fee and if you have to pay the out of network fee.
Insurance Grace Period
Worried about not being able to pay your car insurance payment or life insurance payment? Before you cancel your policies, don't forget to find out when your grace period is.
Worried about not being able to pay your car insurance payment or life insurance payment? Before you cancel your policies, don't forget to find out when your grace period is.
Liability Insurance Coverage
When do I use my liability insurance coverage and is it required?
When do I use my liability insurance coverage and is it required?
Insured Person
Who is covered on my insurance policy and if someone lives with me will they be covered too?
Who is covered on my insurance policy and if someone lives with me will they be covered too?
Insurance Deductible
How much is my insurance deductible and when do I need to pay it?
How much is my insurance deductible and when do I need to pay it?
Comprehensive Insurance Coverage
When is Comprehensive Insurance Coverage used and does my insurance deductible apply?
When is Comprehensive Insurance Coverage used and does my insurance deductible apply?
Collision or Accident Insurance Coverage
What is collision or accident insurance coverage and will it help me in a car accident?
What is collision or accident insurance coverage and will it help me in a car accident?
Insurance Claim
What is an insurance claim and what happens after I file an insurance claim to the insurance company?
What is an insurance claim and what happens after I file an insurance claim to the insurance company?
Casualty Insurance
Who needs Casualty Insurance? Are insurance agents licensed in casualty insurance?
Who needs Casualty Insurance? Are insurance agents licensed in casualty insurance?
Insurance Broker
Should I use an Insurance Broker? What's the difference between an insurance broker and an insurance agent?
Should I use an Insurance Broker? What's the difference between an insurance broker and an insurance agent?
Bodily Injury
What does bodily injury mean in insurance? Is death considered a bodily injury in insurance?
What does bodily injury mean in insurance? Is death considered a bodily injury in insurance?
Blanket Insurance
When do I need a blanket insurance policy? How can I cover items at my home and apartment?
When do I need a blanket insurance policy? How can I cover items at my home and apartment?
Insurance Binder
What is an insurance binder and why is it only temporary insurance coverage?
What is an insurance binder and why is it only temporary insurance coverage?
State Auto Insurance Plan
Does my state offer an auto insurance plan? What kind of insurance coverages are included in my state auto insurance plan?
Does my state offer an auto insurance plan? What kind of insurance coverages are included in my state auto insurance plan?
Insurance Agent
What is an Insurance Agent? What type of education does an insurance agent have?
What is an Insurance Agent? What type of education does an insurance agent have?
Adhesion Contract
What is an Adhesion Contract? Is an insurance policy an adhesion contract?
What is an Adhesion Contract? Is an insurance policy an adhesion contract?
Accident
How is an accident in insurance defined? What does it mean to the insurance company to have an accident?
How is an accident in insurance defined? What does it mean to the insurance company to have an accident?
Actual Cash Value
What is Actual Cash Value? What does ACV mean?
What is Actual Cash Value? What does ACV mean?