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Producer
A term applied to an agent, solicitor or other person who sells insurance.
Summons
Document or writ directing the sheriff or other officer to notify a person that an action has been commenced against him in court and that he is required to appear, on a certain day, and answer the complaint in such action.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Negligence
The absence of ordinary care.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Premium
The money paid for an insurance policy based upon the coverage provided.
Policy
Written contract of insurance.
Surcharge
An extra charge applied to the premium by the insurer, usually for at fault accidents or moving violations.
Deductible
The amount of the loss which the insured is responsible to pay before benefits from the insurance policy are payable.
Commission
That portion of the premium paid to the agent as compensation for his or her services.
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