Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Identity Theft

Deliberately obtaining and taking away someone else’s personal information for criminal intentions.

SR-22

A court document required in cases involving certain traffic violations that demonstrates the financial responsibility of the convicted person.

Second Named Insured

The second person named on an auto insurance policy and who has the same coverage as the Named Insured.

Salvage Titles

A type of vehicle title branding which states that a vehicle has been damaged and/or declared a total loss by an insurance company that paid a claim on it. Requirements for salvage

Roadside Assistance Coverage

Auto insurance that provides roadside services for instances that may not involve an accident, such as towing in the case of a breakdown or a locksmith for when one is locked out of

Rated Driver

A person who operates the vehicles listed in an auto insurance policy.

Primary Use

How a vehicle is primarily used, such as for work, pleasure, etc.

Per Person Limits

The maximum amount an insurance company will pay under a policy to each person injured in an accident.

Per-Occurrence Limits

A cap on the amount an insurance company pays under a policy for all claims arising from a single accident.

Optional Coverage

Insurance coverage provided by a policy that is beyond what is required by law. Includes Collision Coverage and Comprehensive Coverage.

Occasional Driver

A person who operates an insured vehicle who is not considered the primary or principle driver.

Non-Renewal

A decision by an insurer to stop providing insurance coverage on the date a policy is due to be renewed.

Non-Owners Policy

Insurance coverage that is offered to an individual who is not the owner of the insured vehicle.

Multi-Car Discount

A premium discount offered by some insurance companies if the policyholder insures more than one vehicle with them.

Monetary Threshold

An amount set by the no-fault laws in some states that must be met before a lawsuit for damages may be commenced against an at-fault driver in an accident.

Listed User

Members of the same household who do not drive an insured vehicle.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.