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Witness
Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or 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.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
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.
Limits
The maximum amount of benefits the insurance company agrees to pay in the event of a loss.
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.
Insured
The person(s) entitled to coverage in case of an accident or loss.
Binder
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
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