A report to request loss reimbursement covered by your insurance. The larger your deductible, the lower your premium. The dollar amount that reflects the decrease in a vehicle's value due to wear or time.
Vehicles often lose the most value during the first couple of years.
An auto that costs a lot to repair and is a likely target for thieves. The maximum dollar amount for which the insurer is responsible under a given policy. Losses from an auto accident are paid without regard to who caused the accident in this increasingly popular type of insurance. The amount of money paid for a policy. The pricing structure applied to your premium.