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No-Fault Auto Insurance
Some states are adopting a no fault auto insurance system which requires you to have minimum insurance in the event you're injured. Your insurance company automatically pays for your damages, regardless of who is at fault for the accident.
Risk assessment
The determination of the probability of failure of a component or system.
Actual Cash Value (ACV)
The value of your property, based on the current cost to replace it minus depreciation.
Burden of proof
Measure of proof required to prove a fact. Obligation of a party to probe facts at issue in the trial of a case.
Impending Skidmarks
Also known as shadow skidmarks are small fragments of rubber, ground or scraped from the tire, at the tire and roadway interface, as the rotating tire slows to a locked position.
Collision
Pays for damage to your car caused by physical contact with another vehicle or with another object, such as a tree, boulder, guardrail, structure, or person.
Blind Spots
The back corner of the car never moves. It always stays in the same exact place. Mirrors are unable to show this spot. This back area is known as blind spot
Choice no fault
In some state a hybrid no fault system known as " choice no fault " exists. In these states, you may choose to be insured under a strict no-fault plan, in which case you're unable to sue an at fault driver and also can't be sued if you're at fault.
Reference Point
In angular momentum, the point in space around which the motion of an object is described. The angular momentum of an object is defined in relation to some point, the reference point. The velocity and radius of an object are measured from the reference point.
Tort
An injury or wrong committed, with or without force, to the person or property of another, which gives rise to a claim for damages.
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