Across
- A form of add-on under which insurance companies do not consider depreciation in a car’s and its parts’ values when computing the claim settlement amount for repairs or replacement.
- The cost of repairing a car to the state in which it was before an accident.
- A cutoff point, which, if met, allows the injured person to file a lawsuit to attempt to recover damages for bodily injury, such as "pain and suffering," from the driver who caused the accident.
- A predetermined amount of money up to which extent the insurance company will provide coverage or cover losses suffered by the insured individual.
- When an insurer deems the repair cost of a damaged car exceeds the market value of the vehicle.
- An additional coverage which allows policyholders to receive compensation for losses suffered on account of tyre damage under all possible circumstances, barring intentional damage
- A formal request raised or made by a policyholder with the insurance company in the event he/she has incurred any losses covered under such insurance policy.
- Temporary proof of cover for your car while the policy and certificate are being prepared by the insurer.
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Down
- Optional coverage for when your car is damaged as a result of colliding with another object—a brick wall, for example, or a rollover. It also can come into play if you hit a pothole that severely damages your car.
- The driving history of a car insurance policyholder
- A form of an insurance contract, where the policyholder is insured against losses that arise out of liability to compensate a third-party due to bodily injuries or property damage. It is also called liability coverage.
- An additional coverage under which medical expenses on account of bodily injuries sustained by a passenger in an insured vehicle is covered.
- A warranty provided by an insurance company as per which everything that falls between a car’s bumpers (rear and frontal) are financially covered against damages.
- Any damage which is not a direct product of an accident.
- A wrongful act resulting in damage or injury, on which a civil action can be based. This does not include breach of contract.
- The act of violating traffic rules which are in force.
- Any claim for which an insurer is unable to recover their cost against a third party, irrespective of who caused the incident.
- This is your out-of-pocket expense that you agree to pay for losses up to set amount.
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