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glossary

Glossary

Renters Insurance

Coverage for renters’ personal property and liability, but not the building itself.

related terms

Medical Payments (Medical Pay) Coverage

Pays medical expenses for injured passengers regardless of fault.

Coverage Types & Policy Features

Collision Coverage

Auto coverage for damage from collisions, regardless of fault.

Coverage Types & Policy Features

Credit-based Insurance Score

A credit score used by insurers to assess risk and determine premiums.

Insurance Market & Pricing

Scheduled Personal Property Endorsement

Policy addition to cover valuable personal items.

Other Insurance Concepts

Gap Coverage

Pays the difference between a car’s loan balance and its market value after a total loss.

Coverage Types & Policy Features

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9855 West 78th St, Suite 100
Eden Prairie, MN 55344
(800) 923-4088

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