Reference library
Insurance terms, in plain language.
Definitions are a starting point. Your policy and endorsements control the coverage that applies.
Declarations page
A policy summary that generally identifies the insurer, named insureds, covered property or vehicles, policy dates, limits, deductibles, and premium.
Read definition →Deductible
The amount a policyholder may be responsible for before the insurer pays a covered loss, subject to the policy terms.
Read definition →Endorsement
A document that changes, adds to, or removes terms in an insurance policy.
Read definition →Exclusion
A policy provision that limits or removes coverage for specified situations, property, people, or causes of loss.
Read definition →Liability coverage
Coverage that may address certain legal responsibility for injury or property damage to others, subject to the policy’s terms and limits.
Read definition →Non-renewal
A decision not to continue a policy at the end of its current term. Notice requirements and available options depend on the policy and applicable law.
Read definition →California FAIR Plan
A basic property insurance option described by the California Department of Insurance for people unable to obtain insurance in the regular market; it has coverage limitations.
Read definition →Difference-in-conditions policy
Supplemental coverage that may be considered alongside a basic property policy. Terms, exclusions, and eligibility vary by insurer and policy.
Read definition →Underwriting
An insurer’s evaluation of information to determine whether to offer coverage and on what terms, limits, and premium.
Read definition →Umbrella policy
A liability policy that may provide coverage above eligible underlying policies, subject to its own terms, exclusions, and required underlying limits.
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