Cancellation: Cancellation is the termination of an insurance policy by the company or by the insured’s request, before the renewal date of the policy.

Claimant: A claimant is a person who makes an insurance claim.

Collision coverage: Collision coverage pays for damage to your car without regard to who caused an accident. The company must pay for the repair or up to the actual cash value of your vehicle, minus your deductible.

Comprehensive coverage: Comprehensive coverage’s   Pays for damage to or loss of your automobile from causes other than accidents. These include hail, vandalism, flood, fire, and theft.