Refers to the vehicle design engineering that reduces or eliminates injury in an auto accident.
"One Body" Supported by sheet metal, the body of the car acts as its frame. Many modern smaller cars. Some larger trucks/SUVs still have a conventional frame.
AKA Supplemental restraint systems (SRSs), are loss reduction devices designed to inflate in moderate-to-severe frontal crashes.
Vehicle Identification Number (VIN)
Serial number unique to each vehicle. 17 digit identifies make, model, year, body style, factory, and engine size.
Auto that is at least 25 years old. Vehicles rates as antiques are provided a substantial premium discount, so insurers generally restrict their use to parades and exhibitions.
Auto that is at least 10 years odld and has a higher average value than other auots of the same make and model year.
Is a loss settlement option for auto physical damage coverages. An appraisal is obtained for the vehicle, and the appraised value becomes the basis for raiting. Maximum loss settlement is based on the lowest of 1 -stated amount, 2 the ACV, 3 the amount to repair or replace.
Replaces the regualr title when a vehicle has sustained damages which exceed its value.
Is the inclination people in a group have for submitting insurance claims.