Concierge Insurance.
From Start to Claim™
Common terms from your policies — short definitions, examples, and which coverages they relate to.
11 terms
The named insured is the person or organization listed on the declarations page as the primary insured with policy rights and responsibilities.
Named Insured 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 All Insurance Types. For business insurance customers, understanding Named Insured 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 Named Insured depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Named perils coverage insures only against causes of loss specifically listed in the policy.
Named Perils 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 Homeowners, Renters, Commercial Property. For personal insurance customers, understanding Named Perils 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 Named Perils depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
A named storm deductible applies when damage is caused by a named storm, as defined by the policy and applicable rules.
Named Storm Deductible 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 Homeowners, Commercial Property. For personal insurance customers, understanding Named Storm Deductible 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 Named Storm Deductible depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Negligence is failure to use reasonable care, resulting in harm to another person or property.
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, Auto, Professional Liability. For business insurance customers, understanding 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 Negligence depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
A network is the group of doctors, hospitals, pharmacies, and healthcare providers contracted with a health plan.
Network 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 Insurance. For benefits insurance customers, understanding Network 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 Network depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
New car replacement may replace a recently purchased vehicle with a new vehicle after a covered total loss.
New Car Replacement 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 Personal Auto. For personal insurance customers, understanding New Car Replacement 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 New Car Replacement depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
No-fault insurance pays certain benefits through a person's own insurer regardless of who caused the accident, subject to state law.
No-Fault 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, Workers Compensation. For business insurance customers, understanding No-Fault 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 No-Fault Insurance depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
A non-admitted carrier is not licensed in a particular state but may write eligible surplus lines coverage through proper procedures.
Non-Admitted Carrier 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 Surplus Lines, Commercial Insurance. For business insurance customers, understanding Non-Admitted Carrier 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 Non-Admitted Carrier depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Non-owned auto coverage applies to autos used in a business but not owned, leased, hired, rented, or borrowed by the business.
Non-Owned Auto 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 Auto, Business Owners Policy. For business insurance customers, understanding Non-Owned Auto 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 Non-Owned Auto depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Non-trucking liability covers owner-operators when using a truck for non-business purposes while not under dispatch.
Non-Trucking 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 Truckers, Commercial Auto. For transportation insurance customers, understanding Non-Trucking 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 Non-Trucking Liability depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
Nonrenewal is an insurer's decision not to continue a policy at the end of the policy period, subject to required notice.
Nonrenewal 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 All Insurance Types. For business insurance customers, understanding Nonrenewal 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 Nonrenewal depends on the policy form, endorsements, limits, deductibles, exclusions, state law, and the facts of the loss or account.
