Car insurance glossary
Every term on a Florida declarations page, in one sentence each.
- PIP (personal injury protection)
- Required in Florida at $10,000. Pays 80% of your medical bills and 60% of lost income after a crash, no matter who caused it. More
- PDL (property damage liability)
- Required in Florida at $10,000. Pays for damage you cause to other people’s cars and property. More
- BI (bodily injury liability)
- Pays for injuries you cause to others. Not required to register a car in Florida. More
- UM (uninsured motorist)
- Pays for your injuries when the driver who caused the crash has no or too little coverage. More
- Stacked UM
- Uninsured motorist coverage multiplied by the number of cars on the policy.
- Deductible
- The part of a claim you pay before the insurer pays the rest.
- EMC (emergency medical condition)
- A doctor’s finding that opens the full $10,000 of PIP medical; without it, PIP medical is capped at $2,500.
- Declarations page
- The summary page of your policy: drivers, cars, coverages, limits, deductibles and price. Send yours for a Policy Check
- Loss payee
- The lender or leasing company listed on your policy so a claim check for the car includes them.
- SR-22
- A form your insurer files with the state proving you carry bodily injury and property damage liability. More
- FR-44
- The Florida filing required after a DUI, proving 100/300/50 liability. More
- Bound
- The moment an insurer accepts the policy and coverage starts. A quote is not coverage until it is bound and confirmed in writing.