Concierge Insurance.
From Start to Claim™
Common terms from your policies — short definitions, examples, and which coverages they relate to.
9 terms
Gap insurance may pay the difference between a vehicle's actual cash value and the remaining loan or lease balance after a covered total loss.
Gap Insurance is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Auto, Motorcycle, RV. For powersports insurance customers, understanding Gap Insurance can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Gap Insurance depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Garage liability covers auto dealers, repair shops, and service businesses for liability arising from garage operations and covered autos.
Garage Liability is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Garage, Commercial Auto, General Liability. For business insurance customers, understanding Garage Liability can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Garage Liability depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Garagekeepers coverage applies to damage to customers' vehicles while in the care, custody, or control of a garage business.
Garagekeepers Coverage is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Garage, Auto Dealers. For business insurance customers, understanding Garagekeepers Coverage can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Garagekeepers Coverage depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Garagekeepers legal liability covers damage to customers' vehicles when the garage is legally responsible.
Garagekeepers Legal Liability is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Garage, Auto Dealers. For business insurance customers, understanding Garagekeepers Legal Liability can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Garagekeepers Legal Liability depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
General average is a marine principle where voyage participants share losses voluntarily incurred to save the voyage from peril.
General Average is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Ocean Marine, Cargo. For transportation insurance customers, understanding General Average can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of General Average depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Glass coverage applies to breakage of building glass, windows, doors, display cases, or similar property.
Glass Coverage is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Commercial Property, Business Owners Policy. For business insurance customers, understanding Glass Coverage can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Glass Coverage depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
A grace period is extra time after a premium due date during which coverage may remain in force.
Grace Period is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Life, Health, Auto, Property. For benefits insurance customers, understanding Grace Period can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Grace Period depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Gross negligence is a severe lack of care showing reckless disregard for others' safety or rights.
Gross Negligence is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Liability, Professional Liability. For business insurance customers, understanding Gross Negligence can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Gross Negligence depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Group insurance is issued to a group, often through an employer or association, covering eligible members under a master policy.
Group Insurance is an important insurance concept because it can affect how coverage is selected, priced, interpreted, or applied at claim time. In practical terms, it helps explain what the policy may do, what the insured may be responsible for, or how the insurance company may evaluate a covered situation. This term is commonly associated with Health, Life, Disability, Employee Benefits. For benefits insurance customers, understanding Group Insurance can make it easier to compare policies, ask better questions, avoid coverage gaps, and understand what may happen before, during, or after a claim. The exact impact of Group Insurance depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
