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Today's Terms
Liability Insurance
Definition:
Coverage for a policyholder's legal liability resulting from injuries to other persons or damage to their property.
Junk Title
Definition:
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle for safe operation exceeds its fair market value; or a vehicle that has been declared a total loss by an insurer or other state or jurisdiction.
Full Tort
Definition:
With this selection you retain unrestricted rights to bring suit against the negligent party.
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