Appraiser - Estimates the cost or repairs or replacement of damaged property, such as a home or a car., Underwriter - Calculates the risk of loss from policyholders., Adjuster - Ins. Co. employee in charge of processing claims to their resolution., Quote - The estimated price of a job or service., Premium - Amount paid periodically to the insurer by the insured., Comprehensive Ins - Automobile coverage that pays for damagCCovers theft, vandalism, fires and natural disasters., Deductible - $ Amount that you must pay out of your pocket before your insurance pays., Act of God - It's a severe, unanticipated natural event for which no human is responsible, Bumper - Structure attached to the front and rear ends of a motor vehicle., Hit and run - When a driver involved in an accident leaves without providing information to the other drivers or the police.,

Auto insurance terminology review

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