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Revision as of 15:21, 20 March 2026 by PlumBot (talk | contribs) (Bot: Appending seed definition terms)
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Definition:Motor insurance Definition:Comprehensive coverage Definition:Third-party liability Definition:Collision coverage Definition:Bodily injury liability Definition:Property damage liability Definition:Uninsured motorist coverage (UM) Definition:Underinsured motorist coverage (UIM) Definition:No-fault insurance Definition:Personal injury protection (PIP) Definition:Motor third-party liability (MTPL) Definition:Own damage coverage (OD) Definition:Premium Definition:Deductible (excess) Definition:Claim Definition:Policyholder Definition:Insured vehicle Definition:Policy period Definition:Certificate of insurance Definition:Green card Definition:Fleet insurance Definition:Commercial motor insurance Definition:Private car insurance Definition:Named driver Definition:Bonus-malus system Definition:No-claims discount (NCD) Definition:Claims frequency Definition:Claims severity Definition:Loss ratio (L/R) Definition:Combined ratio (CR) Definition:Expense ratio Definition:Gross written premium (GWP) Definition:Net written premium (NWP) Definition:Earned premium Definition:Unearned premium reserve (UPR) Definition:Incurred but not reported (IBNR) Definition:Outstanding claims reserve Definition:Claims reserve Definition:Subrogation Definition:Salvage Definition:Total loss Definition:Constructive total loss Definition:Actual cash value (ACV) Definition:Agreed value Definition:Replacement cost Definition:Depreciation Definition:Indemnity Definition:Proximate cause Definition:Material misrepresentation Definition:Duty of disclosure Definition:Utmost good faith (uberrimae fidei) Definition:Underwriting Definition:Risk classification Definition:Rating factor Definition:Telematics Definition:Usage-based insurance (UBI) Definition:Pay-as-you-drive (PAYD) Definition:Pay-how-you-drive (PHYD) Definition:Motor vehicle record (MVR) Definition:Risk premium Definition:Technical price Definition:Burning cost Definition:Actuarial pricing Definition:Frequency-severity model Definition:Generalized linear model (GLM) Definition:Reinsurance Definition:Excess of loss reinsurance (XoL) Definition:Quota share reinsurance Definition:Cession Definition:Retention Definition:Coinsurance Definition:Managing general agent (MGA) Definition:Delegated underwriting authority (DUA) Definition:Bordereaux Definition:Endorsement Definition:Exclusion Definition:Policy wording Definition:Inception date Definition:Renewal Definition:Cancellation Definition:Mid-term adjustment Definition:Motor fraud Definition:Whiplash claim Definition:Windscreen coverage Definition:Roadside assistance Definition:Courtesy car Definition:Legal expenses cover Definition:Gap insurance Definition:Hire and reward Definition:Autonomous vehicle liability Definition:Connected car Definition:First notice of loss (FNOL) Definition:Claims adjuster (loss adjuster) Definition:Third-party administrator (TPA) Definition:Direct repair program (DRP) Definition:Bodily injury claim Definition:Personal accident coverage Definition:Medical payments coverage (MedPay) Definition:Territorial rating Definition:Underwriting profit Definition:Investment income Definition:Solvency capital requirement (SCR) Definition:Minimum capital requirement (MCR) Definition:Motor insurance database (MID)