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What is PIP in Auto Insurance?

We know that understanding auto insurance when you’re deciding what coverages to buy can be complicated. And when it comes to personal injury protection (PIP) insurance, you probably have questions....

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What is an Insurance Binder?

If you are getting ready to buy a new car (or home), you may need to provide the seller or finance company with proof of insurance. However, some auto insurance companies take a couple of days to proc...

Commercial Lines InsurancePost

Commercial Lines Insurance

Commercial lines insurance is a type of property and casualty insurance policy offered to businesses. The policy can cover a range of insurance needs for the business, including everything from auto i...

What is an 80/20 Auto Insurance Settlement?Post

What is an 80/20 Auto Insurance Settlement?

If you’ve been dealing with a car insurance claim, then you may have been approached with an offer for an 80/20 insurance settlement. What is an 80/20 insurance settlement? Should you accept an 80/2...

What Is a Branded Title? Does It Affect Insurance?Post

What Is a Branded Title? Does It Affect Insurance?

What is a branded car title? A branded title vehicle is a vehicle that has been involved in a major collision or accident or has otherwise suffered significant damage. Branded title insurance can sign...

What is Assigned Risk Auto Insurance?Post

What is Assigned Risk Auto Insurance?

Assigned risk auto insurance is a unique type of car insurance given to drivers who would not normally qualify for insurance but are required to have insurance under state law. Keep reading to discove...

What is a FS-1 document for auto insurance?Post

What is a FS-1 document for auto insurance?

The FS-1 is a document required for certain drivers in North Carolina. If you have allowed your car insurance coverage to lapse, then you may be required to provide an FS-1 document to prove you have ...

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What is a clean driving record?

What You Should Know A clean driving record is typically one with no moving violations, accidents, or other incidents Definitions of a clean driving record may vary depending on which auto insurer y...

What is ‘Redlining’ with Auto Insurance?Post

What is ‘Redlining’ with Auto Insurance?

When researching car insurance, you will occasionally come across the term ‘redlining’. Auto insurance companies may be accused of redlining, for example, or a certain community might face higher ...

What is Auto Insurance Misrepresentation?Post

What is Auto Insurance Misrepresentation?

Car insurance misrepresentation, also known as material misrepresentation, is a type of insurance fraud. Have you been accused of car insurance misrepresentation? Today, we’re explaining everything ...

What is an auto insurance binder?Post

What is an auto insurance binder?

A car insurance binder is a form from your car insurer or insurance agent that provides temporary proof of coverage while the insurer verifies your data. Thanks to a binder, you can legally drive your...

Proof of Financial ResponsibilityPost

Proof of Financial Responsibility

When it comes to auto insurance, proof of financial responsibility refers to the ability of a driver to pay for damages in the event of an accident the driver is found liable for. Different states hav...

Umbrella PolicyPost

Umbrella Policy

Umbrella insurance is a kind of liability insurance policy that covers both the assets of the insured party and the future income of parties on the primary policies. It is not the same as excess insur...

Preferred Auto Insurance PolicyPost

Preferred Auto Insurance Policy

In insurance company parlance, a preferred risk auto insurance policy is a policy that is offered at preferential terms for drivers who have an outstanding history of previous driving. Preferred auto ...

IndemnityPost

Indemnity

In general terms indemnity is compensation paid by one party to another party in respect of a particular loss sustained by the receiving party. The indemnitor (the party who pays the compensation) doe...