Auto Owners Insurance Glossary
Collision Insurance.
This covers loss to the insured person's own auto caused by its collision with another vehicle or object.
Combined Single Limit.
Bodily Injury and Property Damage coverage expressed as one single amount of coverage.
Commission.
That portion of the premium paid to the agent as compensation for the agent's services.
Comprehensive Coverage.
Covers damage to a vehicle caused by an event other than a collision or overturn. Examples include fire, theft, vandalism, and falling objects.
Continuous Coverage or Continuous Liability Insurance.
Continuous coverage refers to the length of time you have maintained insurance on your vehicle.
Covered Person.
This refers to the individuals (named insured, spouse, resident relatives, etc.) insured under a policy contract.
Customized Equipment/Special Equipment.
Items not included in standard insurance options available for cars. These may include extra electronic equipment, special paint or exterior items, or amenities added to the inside of a van or truck.
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