Car Accident & Insurance Glossary

Insurance policies and legal documents use technical language that most people have never needed to understand — until they are in an accident. This glossary defines the most important terms in plain language so that accident victims can understand their rights, their coverage, and the claims process before negotiating with an insurance company.

Why This Matters: Insurance adjusters and defense attorneys use this terminology every day. Understanding these terms before speaking with an insurer or signing any documents can protect your claim and prevent costly mistakes.

Insurance Terms

Bodily Injury Liability (BI)

Coverage that pays for injuries you cause to other people in an accident you are at fault for. Required in most states. Limits are expressed as two numbers — for example, 25/50 means $25,000 per person and $50,000 per accident.

Collision Coverage

Optional coverage that pays to repair or replace your vehicle after a collision, regardless of fault. Subject to your deductible. Required if you have an auto loan or lease.

Comprehensive Coverage

Optional coverage that pays for vehicle damage caused by events other than collisions — including theft, vandalism, weather, fire, and animal strikes. Also subject to a deductible.

Deductible

The amount you pay out-of-pocket before your insurance pays the rest of a covered claim. A $500 deductible means you pay the first $500 of repair costs; your insurer covers the remainder.

Diminished Value

The reduction in a vehicle's market value after it has been in an accident and repaired. Even a properly repaired car is worth less than a vehicle with no accident history. Diminished value claims can be pursued against the at-fault driver's insurance.

Gap Insurance

Coverage that pays the difference between what your insurance company pays for a totaled vehicle and what you still owe on your car loan or lease. Without it, you may owe thousands after a total loss.

MedPay (Medical Payments Coverage)

Optional coverage that pays medical expenses for you and your passengers after an accident, regardless of fault. Available in most states as an alternative or supplement to PIP.

PIP (Personal Injury Protection)

Coverage that pays for medical expenses, lost wages, and other costs after an accident regardless of who was at fault. Required in no-fault states. Limits and covered expenses vary by state and policy.

Property Damage Liability (PD)

Coverage that pays for damage you cause to another person's property — typically their vehicle — in an accident where you are at fault. Required in nearly all states.

UM/UIM (Uninsured/Underinsured Motorist Coverage)

Coverage that protects you when the at-fault driver has no insurance (UM) or insufficient insurance to cover your damages (UIM). Critically important — roughly 1 in 8 drivers on U.S. roads is uninsured, according to the Insurance Research Council.

Claims & Settlement Terms

Adjuster (Insurance Adjuster)

The insurance company employee who investigates your claim, determines fault and coverage, and decides how much the insurer will pay. Adjusters work for the insurance company — not for you. Their goal is to settle claims for as little as possible.

Bad Faith Insurance

When an insurance company unreasonably denies, delays, or undervalues a valid claim. Examples include ignoring evidence, failing to investigate, or offering far less than a claim is worth. Victims can sue for bad faith in addition to the underlying claim.

Demand Letter

A formal letter sent to the at-fault party's insurer outlining your injuries, damages, and the compensation you are demanding. It typically includes medical records, bills, lost wage documentation, and a settlement amount. It formally begins the negotiation process.

Independent Medical Examination (IME)

A medical exam requested by the insurance company and conducted by a doctor of their choosing. Despite the name, IME doctors are paid by the insurer and frequently produce reports that minimize injury severity. You have the right to have your own doctor review their findings.

Lien

A legal claim against your settlement proceeds by a party that paid for your medical treatment — typically a health insurer, Medicare, Medicaid, or a hospital. Liens must be resolved before you receive your settlement funds.

Settlement

An agreement between the injured party and the at-fault party's insurer to resolve a claim for a specified amount of money. Settling ends the legal dispute — once signed, you typically cannot pursue additional compensation for that accident.

Total Loss

A vehicle is declared a total loss when the cost to repair it exceeds a threshold — typically 70–80% of its actual cash value, depending on the state and insurer. The insurer pays the vehicle's pre-accident market value minus your deductible.

Accident & Regulatory Terms

At-Fault State

A state where the driver responsible for causing the accident is financially responsible for resulting injuries and damages. The at-fault driver's liability insurance pays for the other party's losses. The majority of U.S. states are at-fault states.

Black Box (EDR — Event Data Recorder)

A device installed in most modern vehicles that records data in the seconds before and during a crash — including speed, braking, steering input, and seatbelt use. This data can be critical evidence in accident reconstruction. In truck accidents, the black box must be preserved immediately as it can be overwritten.

Commercial Vehicle

A vehicle used for business purposes, including semi-trucks, delivery vans, and buses. Commercial vehicles are regulated by the FMCSA and subject to stricter safety standards, hours-of-service rules, and inspection requirements than personal vehicles.

FMCSA (Federal Motor Carrier Safety Administration)

The federal agency that regulates commercial trucking in the United States. FMCSA rules govern driver hours of service, vehicle maintenance, cargo loading, and licensing. Violations of FMCSA regulations are common evidence in truck accident lawsuits.

No-Fault State

A state where each driver's own insurance pays for their medical expenses and lost wages regardless of who caused the accident. No-fault states include Florida, Michigan, New York, and New Jersey. In no-fault states, lawsuits are generally limited to serious injuries that meet a defined threshold.

NHTSA (National Highway Traffic Safety Administration)

The federal agency responsible for road safety in the United States. NHTSA sets vehicle safety standards, conducts crash tests, issues safety recalls, and publishes the national crash statistics used throughout this site.

Serious Injury Threshold

In no-fault states, the legal standard an injury must meet before a victim can step outside the no-fault system and file a lawsuit against the at-fault driver. Thresholds vary by state and typically include permanent injury, significant disfigurement, or medical expenses exceeding a dollar amount.

Note: These definitions are provided for general educational purposes only and do not constitute legal or insurance advice. Laws and policy terms vary by state and individual policy. Consult a licensed attorney or insurance professional for guidance specific to your situation.