insurance.mo.gov

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Definitions (80)

1

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collision


Insurance coverage available to provide protection against physical contact of an automobile with another inanimate object resulting in damage to the insured's car.
Source: insurance.mo.gov (offline)

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commercial


Provides coverage for liability, physical damage, and other exposures for automobiles owned or leased by businesses, partnerships, or organizations.
Source: insurance.mo.gov (offline)

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comprehensive


Automobile insurance providing protection in case of physical damage suffered by the insured's car, other than collision or theft. Example: Fire, Flood.
Source: insurance.mo.gov (offline)

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individual private passenger


Personal automobile coverage for liability, physical damage, and other exposures for automobiles owned or leased by individuals or families.
Source: insurance.mo.gov (offline)

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liability


Policyholder's legal liability resulting from injuries to other persons or damage to their property.
Source: insurance.mo.gov (offline)

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medical payments


Coverage, available in various liability insurance policies, in which the insurer agrees to reimburse the insured and others, without regard to the insured's liability, for medical or funeral expenses as the result of bodily injury or death by accident under specified conditions.
Source: insurance.mo.gov (offline)

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physical damage


Provides coverage to vehicles owned, leased, or operated by a covered person due to collision or under comprehensive coverage and non-collision hazards, such as fire, theft, or falling objects.
Source: insurance.mo.gov (offline)

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rental reimbursement


An automobile coverage that pays the cost of a vehicle rental during a period the insured vehicle requires covered repair.
Source: insurance.mo.gov (offline)

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underinsured motorist


Protection covers the policyholder and family members if injured by a motorist who carries liability limits less than his/her proportionate share of the total liability. Also provides coverage if the other driver's insurance is with a financially irresponsible insurer.
Source: insurance.mo.gov (offline)

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uninsured motorist


Protection covers the policyholder, family members, and passengers if injured by a hit-and-run motorist or driver who carries no liability insurance.
Source: insurance.mo.gov (offline)


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