Call or Text Us 925-737-1560 ☰ ˟
Logo
  • Home Page
  • Products
    • Apartment Owners Insurance
    • Automobile
    • Business & Commercial
    • Commercial Property Insurance
    • Earthquake
    • Flood
    • General Liability Insurance
    • Homeowners
    • Office Insurance
    • Renters
    • Umbrella
    • Workers Compensation
  • Get A Quote
    • Auto Insurance Quote FormsImage of right arrow
      • Auto Insurance Quote
    • Business & Commercial Insurance Quote FormsImage of right arrow
      • BOP Quote Request
    • Commercial Property Insurance Quote FormsImage of right arrow
      • Apartment Owners Insurance
      • Light Industrial Building Quote
      • Office Building Insurance Quote
    • Earthquake Insurance Quote FormsImage of right arrow
      • Earthquake Quote Request
    • Flood Insurance Quote FormsImage of right arrow
      • Flood Quote Request
    • General Liability Insurance Quote FormsImage of right arrow
      • General Liability Quote Request
    • Homeowners Insurance Quote FormsImage of right arrow
      • Home Insurance Quote Request
    • Other Quote FormsImage of right arrow
      • Danville Home, Auto and Umbrella Insurance
      • Lafayette Home, Auto and Umbrella Insurance
      • Livermore Home, Auto and Umbrella Insurance
      • Oakland Insurance
      • Pleasanton Home, Auto and Umbrella Insurance
      • Walnut Creek Home, Auto and Umbrella Insurance
    • Renters Insurance Quote FormsImage of right arrow
      • Renters Quote Request
    • Umbrella Coverage Quote FormsImage of right arrow
      • Umbrella Insurance Quote
    • Workers Compensation Quote FormsImage of right arrow
      • Workers Compensation Quote Request
  • Customer Service
    • Auto Insurance Customer Service FormsImage of right arrow
      • Add Driver to Existing Auto Policy
      • Add Vehicle to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Request ID Card for Auto Policy
    • Homeowners Insurance Customer Service FormsImage of right arrow
      • Request Evidence of Insurance
    • Business & Commercial Insurance Customer Service FormsImage of right arrow
      • Request General Liability Certificate of Insurance
    • Other Customer Service FormsImage of right arrow
      • Certificate
  • Claims
  • Blog
  • Make a Payment
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
    • Frequently Asked Questions
  • About Us
    • About JSW Insurance
    • Location Map
    • Employee Directory
    • Testimonials
    • Community Involvement
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
car Auto house Home
skyscraper Commercial Property
business people Business
house keys Renters umbrella Umbrella
Home > Glossary > N

Insurance Glossary

Insurance terms and definitions from JSW Insurance.


Coverages and benefits listed below may not be available in your state. If available, some optional coverages and benefits might be offered at an additional charge. Contact JSW Insurance today to learn more.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
NAMED PERIL
Peril specifically mentioned as covered in an insurance policy.

NATIONAL FLOOD INSURANCE PROGRAM
Federal government-sponsored program under which flood insurance is sold to homeowners and businesses.

NO-FAULT
Auto insurance coverage that pays for each driver’s own injuries, regardless of who caused the accident. No-fault varies from state to state. It also refers to an auto liability insurance system that restricts lawsuits to serious cases. Such policies are designed to promote faster reimbursement and to reduce litigation. This coverage is not available in all states, check with us to find out more.

NO-FAULT MEDICAL
A type of accident coverage in homeowners policies.

NO-PAY, NO-PLAY
The idea that people who don’t buy coverage should not receive benefits. Prohibits uninsured drivers from collecting damages from insured drivers. In most states with this law, uninsured drivers may not sue for noneconomic damages such as pain and suffering. In other states, uninsured drivers are required to pay the equivalent of a large deductible ($10,000) before they can sue for property damages and another large deductible before they can sue for bodily harm.

NON-ADMITTED ASSETS
Assets that are not included on the balance sheet of an insurance company, including furniture, fixtures, past-due accounts receivable, and agents’ debt balances

NON-ADMITTED INSURER
Insurers licensed in some states, but not others. States where an insurer is not licensed call that insurer non-admitted. They sell coverage that is unavailable from licensed insurers within the state.

NOTICE OF LOSS
A written notice required by insurance companies immediately after an accident or other loss. Part of the standard provisions defining a policyholder's responsibilities after a loss.

NUCLEAR INSURANCE
Covers operators of nuclear reactors and other facilities for liability and property damage in the case of a nuclear accident and involves both private insurers and the federal government.

NURSING HOME INSURANCE
A form of long-term care policy that covers a policyholder’s stay in a nursing facility.


NOTICE: These glossary definitions provide a brief description of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control. Additionally, this informational resource is not intended to fully set out your rights and obligations or the rights and obligations of the insurance company, agent or agency. If you have questions about your insurance, you should contact your insurance agent, the insurance company, or the language of the insurance policy.

Insurance Websites Designed and Hosted by Insurance Website Builder
Glossary content provided by Insurance Information Institute and ITC

JSW Insurance Associates BBB Business Review
trusted choice logo
Pay Now


Insure your needs today!
Social Social Social Social Social Social Social
Quick Links
Home
Get A Quote
Customer Service
Payment Options
Report a Claim
About Us
Our Carriers
Blog
Contact Us
Location Main Office
7567 Amador Valley Blvd Suite 211
Dublin, CA 94568

Phone: 925-737-1560
Fax: 925-737-1567

Mailing Address
P.O. Box 2516
Dublin, CA 94568


Powered by Insurance Website Builder