Accident Terms and Definitions

Venue
The specific county, city or geographical area in which a court has jurisdiction

Insurer
The insurance company providing the insurance.

Uninsured Motorist Coverage (UMC)
Provides coverage for a policyholder involved in a collision with a driver who does not have liability insurance.

Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.

Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or jurisdiction.

Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.

Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.

Commissioner of Insurance
The title of the head of most state insurance departments. In some states, the Director or Superintendent of Insurance is used instead.

Nonrenewal
The termination of an insurance policy at its normal expiration date.

Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.