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Commission
That portion of the premium paid to the agent as compensation for his or her services.
Comparative Negligence
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
Salvage
Property taken over by an insurer to reduce its loss.
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.
Negligence
The absence of ordinary care.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
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.
Full Tort
With this selection you retain unrestricted rights to bring suit against the negligent party.
Premium
The money paid for an insurance policy based upon the coverage provided.
Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.
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