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Hearsay
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.
Subrogation
The process in which an insurance company, after paying a loss to its insured, recovers the amount of the loss for damages (plus the insured's deductible) from the legally liable party.
Broker
A person who for payment of a fee procures insurance on your behalf.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Quote
An estimate of the cost of insurance based on information supplied to the insurance company.
Subpoena
Document issued by the authority of the court to compel a witness to appear and give testimony or produce documentary evidence in a proceeding. Failure to appear or produce is punishable by contempt of court.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Summons
Document or writ directing the sheriff or other officer to notify a person that an action has been commenced against him in court and that he is required to appear, on a certain day, and answer the complaint in such action.
Gap Insurance
Insurance that pays the difference between the actual cash value of a vehicle and the amount still to be paid on the loan. Some gap policies may also cover the amount of the deductible.
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