Pre-Existing Condition
A condition of health or physical condition that existed before the policy was issued.

Good Driver Plan
A rating program offered by some insurance companies that reduces your premium if you have had no accidents or traffic violations within a specified time period.

Quote
An estimate of the premium charge, based upon the information provided for the coverage(s) requested. This quote may not be the final or actual premium, and the premium charged is subject to underwriting adjustments by the insurer.

Loss
Any diminution of quantity, quality or value of property. With reference to policies of indemnity, this term means a valid claim for recovery thereunder. In its application to liability policies, the term refers to payments made on behalf of the insured.

Collision Coverage
Pays for damage to your vehicle when it collides with another vehicle or object, or if it overturns.

Total Loss
When the cost to repair a vehicle approaches or exceeds the vehicle's actual cash value.

Property Damage Liability
Pays for damage to another person's car or property such as fences, buildings, utility poles, signs, and trees. Utah law requires PD liability limits of at least $15,000 per accident.

Deductible
The amount of losses a policyholder pays. Either a specific dollar amount, a percentage of the claim amount, or a specified amount of time that must expire before benefits are paid.

Insured Mortgage
A mortgage insured against loss to the mortgagee in the event of default and failure of the mortgaged property to satisfy the balance owing plus costs of foreclosure.

Auto Replacement Coverage
A supplemental auto insurance coverage that guarantees your car will be completely repaired or replaced, even if the costs exceed its depreciated value.