Glossary of Insurance Terms

Child Care Liability Endorsement

Personal liability and medical payments to others coverages may be extended to provide liability for child care services for one to six children on or from the residence premises.

Contents Replacement Cost

The cost of replacing contents or personal property without deduction for depreciation.

Scheduled Personal Property

An endorsement that lists specific valuables — jewelry, watches, furs, cameras, fine art or collectibles — for an agreed amount, often with broader perils than the unscheduled contents limit. Carriers typically want an appraisal or a purchase receipt. Jewelry and watches on a standard homeowners form usually share a special theft limit unless they are scheduled. See covering jewelry, watches and personal property for how we use the inventory in a quote.

Extended Replacement Cost

Extends the dwelling coverage up to 125 percent of the set dwelling coverage.

Fair Credit Reporting Act

To underwrite your policy, various consumer reports were used. These reports provide information to assist with risk evaluation and risk placement. Your premiums were also determined, in part, from information contained in these reports. A consumer report was furnished by the consumer reporting agency listed below at our request for insurance underwriting purposes.

You have the right, under the Fair Credit Reporting Act, to obtain a free copy of your consumer report from the consumer reporting agency listed below. This request must be made no later than 60 days after your inquiry. In addition, if you find that information contained in the report you receive is inaccurate or incomplete, you have the right to dispute the matter with the consumer reporting agency. The consumer reporting agency did not make the decision regarding your policy and is unable to explain why the decision was made.

• Department of Motor Vehicles / Public Safety
• A-Plus — 26 Broadway, 10th Floor, New York, NY 1004-1898 — 1-800-709-8842
• Clue and National Credit File (ChoicePoint) — Consumer Service Center, PO Box 105108 — 1-800-456-6004
• Trans Union Corp. — Consumer Disclosure Requests, 2 Baldwin Place, PO Box 1000, Chester, PA 19022 — 1-800-645-1938

Good Student Discount

A discount is available for drivers who are full-time students under the age of 25 who meet the following qualifications for the immediately preceding quarter or semester (high school, college, university or vocational technical college):

• Student achieved a grade point average of a B or above, or
• Student is in the upper 20% of academic standing of their class, or
• Student achieved "Dean's List", "Honor Roll" or comparable designation

Documentation from the school is required to receive the discount.

Loss of Use

Coverage for the following additional costs if your home is uninhabitable after a covered loss:

• Temporary replacement lodging (apartment, hotel, etc.)
• Additional meal costs
• Additional transportation

Personal Injury Protection

Pays medical expenses, weekly benefits for income disability and essential services, and death benefits.

Senior Driver Course Discount

An automobile classified and rated as a private passenger automobile is acceptable for a 10% premium discount. To qualify, the principal operator must be at least 55 years of age and have successfully completed the National Safety Council Defensive Driving Course, or a course approved by the Commissioner of Public Safety.

A certificate of course completion must be presented to receive the discount. The premium reduction remains in effect for three years from the date of successful completion of the approved course. To continue the discount, the course must be successfully completed again and proof furnished.

Uninsured / Underinsured Liability Coverage (Umbrella Policy)

Extends the uninsured/underinsured liability coverage on the auto, recreational vehicle and boat policies in increments of $1 million.