{ bidder: 'appnexus', params: { placementId: '11653860' }}, "sign-out": "https://dictionary.cambridge.org/auth/signout?rid=READER_ID" pbjsCfg = { googletag.pubads().collapseEmptyDivs(false); car insurance synonyms, car insurance pronunciation, car insurance translation, English dictionary definition of car insurance. var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); }); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, 'cap': true { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, }] { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, Policies are generally issued for six-month or one-year timeframes and are renewable. ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); "authorizationFallbackResponse": { Liberty Mutual – Pay-per-mile car insurance equals great savings. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; { bidder: 'sovrn', params: { tagid: '446381' }}, Methodology: Insurance.com commissioned Quadrant Information Services to gather insurance rates for a 2019 Honda Accord for nearlly all ZIP codes in each state, from up to six major carriers, for a male driver, age 30. "sign-up": "https://dictionary.cambridge.org/auth/signup?rid=READER_ID", var pbHdSlots = [ }, googletag.pubads().setTargeting("cdo_ptl", "entry-mcp"); car insurance definition: insurance for loss of or damage to cars, or for injury to people travelling in cars: . { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, googletag.pubads().setTargeting("cdo_pt", "entry"); Car insurance is required in nearly every state in the U.S. (New Hampshire being the notable exception). Unlike health insurance, there are no annual deductibles to meet when it comes to auto insurance. { bidder: 'appnexus', params: { placementId: '11654174' }}, Accidental Death and Dismemberment Coverage: Insurance coverage that pays a certain sum — up to policy limits — for accidental death and specific injuries. type: "html5", { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, To cover this, you may want to look into purchasing gap insurance to pay the difference. googletag.pubads().setTargeting("cdo_pc", "dictionary"); How much auto liability insurance should you buy? bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, iasLog("criterion : cdo_dc = english"); Actual cash value (ACV): The actual value of your vehicle, based on its current cost to replace it minus depreciation. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, expires: 365 googletag.cmd.push(function() { iasLog("criterion : cdo_ei = auto-insurance"); var mapping_rightslot = googletag.sizeMapping().addSize([746, 0], [[300, 250]]).addSize([0, 0], []).build(); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, When getting a car insurance quote, you’ll be asked about the class of use you need – that is, what you'll be using the car for. auto insurance definition: → car insurance. Basic personal auto insurance is mandated by most U.S. states, and laws vary. { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, pid: '94' var dfpSlots = {}; Commercial auto insurance covers damage to a company vehicle and bodily injuries when you or an employee cause an accident.. Commercial auto insurance provides five types of insurance protection: Auto liability covers legal costs if someone sues over damage caused by your vehicle. In return, that company agrees to pay covered costs associated with an auto accident once … var pbDesktopSlots = [ { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, 'max': 30, While different states mandate different types of insurance and there are several additional options (such as gap insurance) available, most basic auto policies consist of: bodily injury liability, personal injury protection, property damage liability, collision, comprehensive and uninsured/underinsured motorist.. If your car is totaled or stolen, there may be a “gap” between what you owe on the vehicle and your insurance coverage. Understanding auto insurance—the basics. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, It will not provide coverage if you use your car for commercial purposes—for instance, if you deliver pizzas. { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, What is covered by a basic auto insurance policy. Nearly every state requires car owners to carry: In addition, many states require that you carry: Even if PIP and uninsured motorist coverage are optional in your state, consider adding them to your policy for greater financial protection. iasLog("criterion : cdo_tc = resp"); name: "identityLink", { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); var pbjs = pbjs || {}; { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, You may feel like you need a translator. 'cap': true "loggedIn": false addPrebidAdUnits(pbAdUnits); {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{#message}} { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy. 'increment': 1, userIds: [{ © Copyright 2020, Insurance Information Institute, Inc. googletag.pubads().setTargeting("cdo_l", "en"); Your policy also provides coverage if someone who is not on your policy is driving your car with your consent. "sign-in": "https://dictionary.cambridge.org/auth/signin?rid=READER_ID", Most jurisdictions relate insurance to both the car and the driver; however, the degree of each varies greatly. ga('set', 'dimension3', "default"); { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, For example, if you total your car, your insurer will give you a payment for the vehicle's current value, minus your deductible. All Rights Reserved. { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, "Full coverage" is a commonly used term among auto insurance buyers. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, Note that for leased vehicles, gap coverage is usually rolled into your lease payments. "authorizationTimeout": 10000 var pbTabletSlots = [ enableSendAllBids: false, iasLog("criterion : cdo_pt = entry"); dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); The following list will, hopefully, be a help to you if you should have to be involved in an insurance discussion. Personal auto insurance will also not provide coverage if you use your car to provide transportation to others through a ride-sharing service such as Uber or Lyft. { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, If you're financing a car, your lender may also have its own requirements. { bidder: 'sovrn', params: { tagid: '387232' }}, Stacked car insurance isn’t an option in every state. }, iasLog("exclusion label : resp"); { bidder: 'appnexus', params: { placementId: '11654156' }}, When it comes to your auto coverage you will run into a lot of terms that describe the various parts of a policy. }); 'cap': true { bidder: 'ix', params: { siteId: '195467', size: [320, 100] }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'sovrn', params: { tagid: '346698' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, storage: { { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, A policyholder's request for reimbursement from an insurance company for a loss of property. Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. }; storage: { { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, name: "idl_env", 'min': 8.50, iasLog("setting page_url: - https://dictionary.cambridge.org/dictionary/english/auto-insurance"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, Car insurance is a contract between you and your insurance company. } { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, 'min': 0, Most experts agree that the legally-mandated minimum coverage is not enough for many drivers. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, The numbers on your auto insurance policy represent your coverage limits. var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); What other types of auto insurance coverage are typical? googletag.pubads().disableInitialLoad(); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, name: "_pubcid", { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, This language, if it can be called a language, can be confusing. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, The practitioner's reference for homeowners, personal auto, and numerous other personal lines insurance policies. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, Do the numbers 25/50/25 in auto insurance is required in nearly every state in the example sentence does match! 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