Last updated on November 6, 2019 at 12:19 pm
Car insurance isn’t always the easiest thing to understand, nor is it the most exciting topic to talk about.
We get it.
While we work in this industry every day and are passionate about what we do, we don’t necessarily expect everyone to share our excitement about car insurance. But, chances are, if you are a driver who owns or leases a car, car insurance is a part of your life.
That’s why we want to make it easy for you to understand our industry jargon.
Using short, animated and humorous (at least we think so!) videos, we’ve created an online dictionary of Auto Insurance Terms and Definitions. We hope the visual illustrations of each term will provide a clear understanding of words you might otherwise find confusing.
So, without further ado, we’re unveiling our dictionary with two commonplace insurance terms: anti-theft device and collision insurance.
In short, anti-theft devices are designed to prevent your car from being stolen. These devices not only provide peace of mind of having added security to your vehicle, but they can also lower your insurance rates.
Now here’s a curve ball for you: what do anti-theft devices and dogs have in common?
While anti-theft devices can prevent break-ins, collision insurance protects your car in a different way.
Collision insurance will cover any physical damage incurred by your car as a result of hitting another vehicle or object. The type of collision coverage you choose typically will affect the cost of your car insurance, so it’s helpful to know your coverage options.
Not sure what constitutes a collision? Take a look at this video and see if it helps clarify…
Stay tuned for more insurance terms and definitions in the coming weeks and be sure to share them with friends and family!
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