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Nonrenewal
The termination of an insurance policy at its normal expiration date.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Premium Finance Company
A lending institution that finances insurance premiums for a fee.
Commissioner of Insurance
The title of the head of most state insurance departments. In some states, the Director or Superintendent of Insurance is used instead.
Insurer
The insurance company providing the insurance.
Misdemeanor
Criminal offenses less than felonies; generally those punishable by fine or imprisonment of less than 90 days in a local facility. A gross misdemeanor is a criminal offense for which an adult could be sent to jail for up to one year, pay a fine up to $5,000 or both.
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.
Negligence
The absence of ordinary care.
Venue
The specific county, city or geographical area in which a court has jurisdiction
Vehicle ID No. (VIN)
This 17 character number is unique to each vehicle. It identifies characteristics of the vehicle, including manufacturer, year, model, body, engine specifications, and serial number.
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