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Category Archives: insurance terms defined

Insurance Terms Defined – High Risk Driver

In searching for car insurance you may have come across the term high risk driver, or high risk auto insurance. If you’re wondering what that means,…

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Insurance Terms Defined – Occasional Driver

Ahhh jargon. As with any industry, the world of insurance is chock full of vocabulary that is often incomprehensible to someone not in the field. And…

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Insurance Terms Defined – Endorsement

As with any industry, the world of insurance has a vocabulary of its own with a slew of terms and words used and referenced that can…

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Insurance Terms Defined – Statutory Accident Benefits

Statutory Accident Benefits must be a part of any car insurance coverage in our province. While we touched on this in our post about what is…

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Insurance Terms Defined – Third Party Liability

There is a lot of insurance specific vocabulary and some of it can be confusing or unclear. In this post, we’re going to elaborate on one…

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Insurance Terms Defined – Actual Cash Value versus Replacement Cost

  There is a lot of very specific vocabulary in the world of insurance. Do you sometimes find yourself scratching your head at the jargon? You’re…

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