comprehensive insurance
Insurance that combines coverage against many kinds of losses that may also be insured separately. • This is commonly used, for example, in an automobile-insurance policy.
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Search Results for: automobile insurance
no fault auto insurance
An agreement to indemnify for a loss due to personal injury or property damage arising from the use of an automobile, regardless of who caused the accident. [Cases: Insurance 2817–2856. C.J.S. Insurance §§ 928–929, 1587–1589, 1591–1595, 1601–1602, 1609, 1612–1623, 1645–1646.]
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automatic insurance
automatic insurance 自动保险 １根据标准汽车责任保单〔standard automobile liability policies〕条款所实施的保险，这种保险把承保范围扩展至在保险期内更换或新购买的汽车；２在寿险中根据不丧失条款而实施的保险；３根据被保险人发出的通知，无需重新订立合同即可成立的保险，称为自动保险，也称可更新保险。
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compulsory insurance
Statutorily required insurance; esp., motor-vehicle liability insurance that a state requires as a condition to registration of the vehicle. [Cases: Automobiles 43. C.J.S. Motor Vehicles §§ 223–224.]
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financial responsibility clause
financial-responsibility clause. Insurance. A provision in an automobile insurance policy stating that the insured has at least the minimum amount of liability insurance coverage required by a state’s financial-responsibility law. [Cases: Insurance 2737, 2756. C.J.S. Insurance §§ 422, 1027, 1031.]
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actual injury trigger
actual-injury trigger. Insurance. The point at which an insured suffers damage or injury (such as the time of an automobile accident), so that there is an occurrence invoking coverage under an insurance policy. — Also termed injury-in-fact trigger. Cf. EXPOSURE THEORY; MANIFESTATION THEORY; TRIPLE TRIGGER.
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regular use
Insurance. A use that is usual, normal, or customary, as opposed to an occasional, special, or incidental use. • This term often appears in automobile-insurance policies in the definition of a nonowned automobile — that is, an automobile not owned by or furnished for the regular use of the insured. Nonowned automobiles are excluded from
omnibus clause
omnibus clause. 1. A provision in an automobile-insurance policy that extends coverage to all drivers operating the insured vehicle with the owner’s permission. [Cases: Insurance 2663. C.J.S. Insurance §§ 1054–1055.] statutory omnibus clause. Insurance. An omnibus clause provided by statute. 2. RESIDUARY CLAUSE.
second permittee doctrine
second-permittee doctrine. Insurance. The principle that, when a third person is allowed to use an insured’s car by permission granted by someone else to whom the insured gave permission to use the car, the third person’s use of the car will be a permissive use, under the insured’s automobile-liability-insurance policy, as long as that use
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financial responsibility act
financial-responsibility act. A state statute conditioning license and registration of motor vehicles on proof of insurance or other financial accountability. [Cases: Automobiles 43; Insurance 2737. C.J.S. Insurance §§ 1027, 1031; Motor Vehicles §§ 223–224.]
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