A device located in the vehicle that sends a location signal, should the vehicle be stolen.  Many insurance companies offer discounts if said device is part of the vehicle.

  Geographically speaking, the area in which an insurance policy is effective.

A policy’s current value.

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An option on an insurance policy that will pay a beneficiary in the event that the policy holder should die due to accident related injuries.

A fair market estimation of the cash value of a piece of property