A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Collision CoverageAuto insurance that pays to repair or replace your car after a crash, regardless of who was at fault.
- Comprehensive CoverageAuto insurance that pays for damage to your car from non-collision events like theft, fire, hail, or falling objects.
- Liability CoverageInsurance that pays for injuries or property damage you cause to others and helps cover legal costs.
- DeductibleThe amount you pay out of pocket for covered costs before your insurance starts chipping in.
- Umbrella PolicyExtra liability coverage that kicks in when a claim exceeds the limits of your home or auto insurance.
- PremiumThe regular payment you make to keep an insurance policy active, usually billed monthly, quarterly, or yearly.
Turn this into a brick
Knowing what Auto Insurance means is knowledge — the first half. A brick gets placed when you act on it.
More in Insurance
Plain-English education — not personalized legal, tax, or investment advice.