Accident Terms and Definitions

Commissioner of Insurance
The title of the head of most state insurance departments. In some states, the Director or Superintendent of Insurance is used instead.

Policy
Written contract of insurance.

Liability Insurance
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.

Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.

Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.

Premium
The money paid for an insurance policy based upon the coverage provided.

Venue
The specific county, city or geographical area in which a court has jurisdiction

Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.

Private Passenger Automobile
Four-wheeled motor vehicles of the private passenger, station wagon, or van type. Private passenger automobiles are designed for use on public highways and subject to motor vehicle registration.

Hearsay
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.