Collision insurance
Term · Insurance and risk management · MLC-T-INS-000821
Coverage that pays for damage to an insured vehicle resulting from an impact with another vehicle or object, or from overturning. This protection applies regardless of fault in the accident. It is typically subject to a deductible, which is the amount the policyholder pays before the insurer covers the remaining costs.
| Identifier | MLC-T-INS-000821 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Auto |
Record as JSON
{
"id": "MLC-T-INS-000821",
"term": "Collision insurance",
"field": "Insurance and risk management",
"definition": "Coverage that pays for damage to an insured vehicle resulting from an impact with another vehicle or object, or from overturning. This protection applies regardless of fault in the accident. It is typically subject to a deductible, which is the amount the policyholder pays before the insurer covers the remaining costs.",
"subject": "Commercial Auto",
"url": "https://mlchart.com/terminology/insurance/collision-insurance/"
}
Record 606 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.