Auto Coverage & Endorsements
Covers your vehicle against theft, vandalism, or hitting a deer.
What is COMPREHENSIVE coverage?
Covers detached structures such as fences, sheds, and driveways.
What is COVERAGE B — OTHER STRUCTURES?
This life insurance provides coverage for a specific time and may include a conversion option.
What is TERM LIFE INSURANCE?
Discount applied when you insure your home and auto with State Farm.
What is MULTI-Line discount?
The regular payment made to maintain an insurance policy.
What is the PREMIUM?
The page that lists coverages, limits, deductibles, and named insureds
What is the DECLARATIONS PAGE?
Pays for increased costs to rebuild a home after a covered loss due to updated building codes.
What is the ORDINANCE OR LAW endorsement?
The policy type that builds cash value and can pay dividends to policyholders.
What is WHOLE LIFE INSURANCE/UL?
Discount offered to drivers who use telematics to track driving habits.
What is DRIVE SAFE & SAVE discount?
The maximum amount the insurer will pay for a covered loss.
What is the POLICY LIMIT?
This optional coverage pays for a transportation or a temporary car while yours is being repaired after a covered loss.
What is RENTAL REIMBURSEMENT coverage?
Excludes damage from earth movement and flooding unless separate coverage is purchased.
What is FLOOD exclusions?
A feature allowing policyholders to skip premiums by using their policy’s cash value.
What is AUTOMATIC PREMIUM LOAN or PREMIUM WAIVER feature?
Discount available when multiple vehicles are insured on the same policy.
What is MULTI-CAR discount?
The difference between replacement cost and actual cash value.
What is DEPRECIATION?
Extra protection when you drive for a rideshare company (Uber/Lyft) in certain situations.
What is RIDESHARE (TRANSPORTATION NETWORK) coverage?
The endorsement that increases coverage for jewelry, fine arts, or firearms.
What is the PERSONAL ARTICLES POLICY (PAP) or SCHEDULED PERSONAL PROPERTY endorsement?
Provides financial protection for medical expenses not covered by major medical insurance.
What is SUPPLEMENTAL HEALTH or ACCIDENT insurance?
The report ran to determine eligibility and price point for customers.
What is MVR/Lexus Nexus?
A document that modifies an insurance policy, either adding or restricting coverage.
What is an ENDORSEMENT or RIDER?
The person who evaluates damages and helps determine payment for a covered claim.
Who is the (CLAIMS) ADJUSTER?
What homeowners form is most often used for owner-occupied single-family dwellings.
What is the HO-3 — SPECIAL FORM?
Extra coverage you can add to insure a child’s life on a parent’s policy (name the add‑on type).
What is a CHILD TERM RIDER (or CHILD RIDER)?
Discount available when a home is equipped with a centrally monitored security or fire alarm system.
What is the HOME ALERT / PROTECTIVE DEVICE discount?
Pays to replace with new items of like kind and quality rather than depreciated value.
What is REPLACEMENT COST (RCV), as opposed to ACTUAL CASH VALUE (ACV)?