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americanautoinsurance.com
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Definitions (37)
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PREMIUM
Price of car insurance for specific coverage during a specific period of time.
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adjuster
Car Insurance representative assigned to evaluate loss and determine damages.
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APPRAISAL
Method of resolving a value dispute in a first-party claim.
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arbitration
Alternative to court-based litigation; an impartial third party determines damages.
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Binder
Agreement putting auto insurance in force before the actual auto insurance contract is prepared.
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bodily injury coverage
Pays when you’re legally responsible for another person’s crash-related injuries.
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Citations for driving while uninsured
It is against the law to drive without car insurance in Illinois. If you are stopped for another reason, and you don’t have a valid insurance I.D. card to show the police officer, you may receive a ci [..]
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Collision coverage
Pays for damage to your vehicle caused by an accident with another car or fixed object (tree).
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Comprehensive coverage
Pays for damage to your vehicle caused by events such as theft, vandalism, hail, fire, or falling objects.
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Coverage
Vehicle Insurance protection.
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