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51. No-Fault Insurance

Typically refers to the manner in which the insurance carrier settles a covered claim. Usually, if a certain coverage is no-fault, responsibility (or "fault") doesn't have to be assigned before the claim is settled.

52. No-Fault States

In some states, called no-fault states, insurance companies are legally required to pay a policyholder's covered losses, regardless of who's held responsible for an accident. Some no-fault states also restrict the right to sue for damages. In states without no-fault regulations, the insurance carrier covering the person who caused an accident is forced to pay for covered losses.

53. Non-Passive Alarm

Requires manual activatation each time you leave the automobile. Should someone attempt to open your car, the alarm sounds, and the system disables the automobile's starter, ignition system, and/or fuel circuit. You may qualify for an discount on your policy if your vehicle has such an alarm.

54. Other-than-collision

More often referred to as "comprehensive," this covers damage and loss of use of the policyholder's vehicle due to events other than a collision or overturn. Examples include: fire, theft, and vandalism.

55. Passive Alarm

These alarms are automatically activated and sound-off whenever anyone tries to gain access into your vehicle. Once the passive alarm has been triggered, the system disables the automobile's starter, ignition system, and/or fuel circuit. You may qualify for a discount on your insurance policy if your car has such an alarm.

56. Personal Injury Protection

Also known as "PIP", this is a type of car insurance coverage available in certain states, often where it's often mandatory. PIP typically includes expanded coverage of accident-related medical costs. In some states, PIP also covers lost salaries and similar losses. Specific protections afforded by this kind of coverage, as well as limits on PIP payments, vary significantly from state to state.

57. Physical Damage

Collective term typically used to denote types of coverage that apply to damage to your vehicle. Examples of such coverage include collision and other-than-collision (a.k.a. "comprehensive").

58. Pleasure Use

This indicates you generally use the car only for fun, with no regular use for commuting or business purposes.

59. Policy Expiration Date

Date when your coverage ends if your policy isn't renewed. The expiration date is found on your policy's Declarations page, on a proof of insurance card, or on a recent policy renewal statement.

60. Policy Term

Length of time an car insurance policy is valid. Typically, a policy term is for 6 months or 12 months (oft depending on the policyholder's location).

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