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Betterment mean in auto insurance contracts is referred to as a condition relating to original and new equipment, or older parts, on your vehicle, when having been damaged in an accident may being replaced with new one. This improved condition of the vehicle is known as betterment. Betterment depend upon state laws and guidelines of insurance company.
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What do they mean when they ask are you insured?
Do you have any insurance. If driving, they ask for your proof of auto insurance.
What is a good source for finding information on common auto insurance terms?
One can find out what common auto insurance terms mean by asking and auto insurance salesman or by looking them up in a dictionary. One would have better success by asking the salesman.
What does comprehension mean in auto insurance?
It is other than collision insurance. It covers hail, stolen vehicle, hitting an animal, and vandalism.
What does rental inclusions mean?
Car rental contracts have inclusions that include add on insurance, pre pay for fuel, and a half a dozen other things.
What does Gecio mean?
The word "Gecio" is not a real word. One may be thinking of the auto insurance company Geico, which stands for Government Employees Insurance Company.
If you have dual insurance can you submit claims on both?
What do you mean by dual insurance? You cannot have two auto insurance policys on one car. If you mean can you claim damages (let's say) from the 'at fault' party and then also claim them under your collison coverage, no you cannot.
What does 200300100 mean with auto insurance?
each company is different, but it looks like you were the 100th claim in the year 2003
What does basic coverage mean in auto insurance?
That usually means you have the state required liability limits and nothing more.
Which companies sell electric auto insurance?
All the companies who are covered by the Green bill of Canada can sell electric auto insurance. Speak to your car dealer about electric car tax refunds as well because in Canada, green is mean!
What does per occurrence mean in insurance?
Per Occurrence in insurance means its time an event occurs. Consumers often see this on auto insurance, when they find out the deductible amount they will pay each time they have a wreck.
How much is car insurance for a teen?
Typically, auto insurance coverage for a teen is pricey because statistics show that teen drivers are much riskier than the 25-50 age group that auto insurance companies covet. But that doesn't mean you have to pay an arm and a leg for coverage for your teen.
What do car ISO symbols mean in auto insurance?
the ISO Symbols assigned to vehicles in auto insurance underwriting are representative of the historical risk and loss factors associated with that specific vehicle make an submodel. They are crucial in accessing the overall risk for the insurer.
