For your convenience we are happy to provide this Insurance glossary.  Although we specialize in life insurance online, we have provided here a broad spectrum of terms to help you in your insurance purchase decisions.

A-B ,   C-D,   E-F ,  G-I,   J-L,   M-N,   O-P,  Q-R,   S-T,   U-Z

Umbrella Insurance – Provides high limits of additional liability coverage above the limits of your homeowners and auto policy. In addition, it provides coverage that may be excluded by other liability policies.

Underwriting – The process an insurer goes through to determine whether or not it will provide coverage for an applicant.

Uninsured Motorist Coverage – In some circumstances, may pay for your injuries or property damage caused by an uninsured motorist or, in some states, an unidentified driver. In some cases it also includes coverage for underinsured motorists and at-fault drivers with insufficient insurance to pay your claim.

Vandalism – Destruction or defacement of property.

Vehicle Identification Number (VIN) – A 17-digit number assigned to each vehicle manufactured in the United States after 1980. This number is used for identification purposes and is visible on the dashboard when viewed from the outside of the vehicle.

Warranty – A written guarantee of the integrity of a product and of the manufacturer’s responsibility for the repair or replacement of defective parts.