Any form of insurance which is required by law.

Estimation of the value of an item, usually by appraisal.

An unexpected event which happens by chance and is not expected in the normal course of events.

A sudden and violent act of nature which could not have been foreseen or prevented. Examples: flood, earthquake

The current cost of replacing an article with a similar one in the same condition. Any item has three basic values: original cost, actual cash value, and replacement value. For example, if you origina [..]

Valued policies pre-agree upon an amount of insurance for your vessel and equipment. In the event of a Total Loss of your vessel, this is the amount you would receive (less any applicable deductions). [..]

Another person or company who may be liable for an accident involving an insured or an insured vehicle and who has been named as an Additional Interest Insured under the policy.

An extra charge for an alteration, during the policy period, which increases the hazard or the Company's liability.

A person who investigates a loss and negotiates settlement with the claimant on the Company's behalf.

An optional coverage designed to provide protection for your vehicle for all types of losses except those specifically excluded in your policy. All perils coverage is the most complete coverage you ca [..]