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Producer
A term applied to an agent, solicitor or other person who sells insurance.
Exclusion
A contractual provision in an insurance policy that denies coverage for certain perils, persons, property, or locations.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
Hearsay
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Nonrenewal
The termination of an insurance policy at its normal expiration date.
Hit and Run
An accident caused by someone who does not stop to assist or provide the required and necessary information.
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
Accident
A collision involving an automobile and anything that causes damage to the automobile, including other automobiles, telephone poles, buildings, and trees.
Policy
Written contract of insurance.
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