Glossary
Bodily Injury
Any bodily injury, sickness, disease or death sustained by any person.
Insured
A person covered under an insurance policy. This can be the actual person paying for the insurance policy, immediate family members, occupants of the vehicle, and any other person using the vehicle within the scope of your permission.
Medical Expenses
Usual, customary, and reasonable expenses for necessary medical, surgical, X-ray, ambulance, hospital, professional nursing, funerals and dental services, including prosthetic devices.
Med Pay
Coverage offered by your own insurance company that will pay some of your medical expenses and those of any other occupants in your car following an accident.
Personal Injury Protection (PIP)
Also known as “no-fault coverage.” It is similar to Med Pay, but more comprehensive in that it will also pay for a certain amount of lost wages, loss of services and funeral costs, if applicable.
Policy Limits
The maximum amount available for claims based on the coverage contracted for under the insurance policy.
Property Damage
Physical injury to or destruction of tangible property, including the loss of use of such property.
Subrogation
A reimbursement claim by a third party (typically a health insurance company) that is made against the settlement proceeds.