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January 06, 2009
Car-Accidents
             
 
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Accident Terms and Definitions

 
 

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

Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.

Collision
Pays for damage to your car caused by a collision with another vehicle or with any other object, regardless who was at fault.

Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value.

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

Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident.

Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or jurisdiction.

Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.

Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.

Premium Finance Company
A lending institution that finances insurance premiums for a fee.


Contact our Alaska Accident Lawyers if you have ever experienced a personal injury and think others are at fault for the accident.

 
Did You Know?    
 
 
Motor Vehicle Crashes Are The Leading Cause Of Death From Ages 3 Through 33 Years Old
For people in the age range of 3 to 33 years, the leading cause of death is being involved in a car accident. People, who are between 15 to 24 years, and those who are above 75 years of age, are who are the most severely affected by car accidents.

 


  Newsroom  
 


Insurance Commissioner John Garamendi Announces Arrest Of 19 Suspects For Auto Body Insurence Fraud In Butte
 

Insurance Commissioner John Garamendi Announces Arrest Of 19 Suspects For Auto Body Insurence Fraud In Butte (“Operation Colla...
Read more >


'Spare Tire' Might Protect Men During Car Accident
WEDNESDAY, March 1 (HealthDay News) -- New research suggests that a few extra pounds can be good for you -- if you're male and unlucky enough to be...
Read more >


What to Do in Case of an Accident
Step 1If possible, stop your car in a safe and visible place. If the car cannot be moved, turn on the hazard lights. Turn off the ignition. Be...
Read more >


More news >

 
 

Terms

 


Today's Terms

Premium

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

Liability Insurance

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

Producer

Definition:
A term applied to an agent, solicitor or other person who sells insurance.

More Terms >

 

Resources

 


More Resources >

 

Hot Topics

 

  • DUI Car Accidents
  • Aggresive Driving
  • Catastrophic Injuries
  • Speeding Accidents

More Topics >

Alaska Car Accident Lawyers

 
If you live in one of the following cities and have been in an auto accident you should contact an Alaska Car Accident Lawyers as soon as possible:

  • Anchorage
  • Bethel
  • Chugiak
  • Eagle River
  • Fairbanks
  • Juneau
  • Kenai
  • Ketchikan
  • Kodiak
  • North Pole
  • Palmer
  • Sitka
  • Soldotna
  • Wasilla
  Need to find a Car Accident Lawyer Nationwide? Visit CarAccidentAttorneys.com


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