Auto Insurance Terms


Auto Insurance

Provides financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects.


Commercial Auto Insurance

Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of business insurance covers many types of commercial vehicles—from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.


Antique/Collectors Insurance

Many collectors start out small and expand their collections over time. Once a collection becomes valuable, you'll need to see that it's insured properly. What you may not know is that most homeowner's insurance policies limit or exclude coverage for artwork and other collectibles. The classic car policy allows you to use your collector vehicle for club functions, exhibitions, organized meets, tours, and even occasional pleasure driving. As long as it's not your daily driver, it qualifies for classic car insurance.


Motorcycle/Scooter Insurance

Motorcycle insurance provides financial protection in the event of a motorcycle accident, loss, theft, or damage. Motorcycle insurance includes liability coverage in case you are responsible for another person's injuries or property damage.

If you cause an accident, this coverage helps pay for damages to another person's vehicle or property. Many states require liability coverage also known as “other than collision,” this coverage can help pay for damage to your scooter from vandalism, theft & weather events.