A | B |
liability insurance | Covers when liable or responsible for an accident where others are injured or killed |
collision insurance | Pay for loss or damages to insured person's care due to accident |
comprehension physical damage insurance | Pays for loss for damage not resulting from a collision --- eg. fire, theft, falling objects |
no-fault auto insurance | Pays claims regardless of who is at fault |
underinsured motorist | Covers difference between liability coverage and underinsured |
insurance | motorist and the amount of losses |
rental reimbursement | Covers costs of renting a car while yours is being repaired |
premium | The cost of insurance coverage for the term of the insurance policy |
deductible | The amount an insured person must pay before the insurance company pays on a claim |