Call Us (561) 694-1776 ☰ ˟
13901 US Highway 1 #8 • Juno Beach, FL 33408 •

Great Rates. Revolutionary Service!

Request a quote
Logo

Call us today!

(561) 694 -1776
  • Hogar
  • Nuestra Agencia
    • La Revolución Patriota
    • Nuestro Compromiso
    • Acerca deImage of right arrow
      • Ubicación(es)
      • Más citas geniales
    • Nuestros Transportistas
  • Citar
  • Productos
    • Seguro de Hogar y Auto
    • Seguro de AutoImage of right arrow
      • Cobertura de responsabilidad civil
      • Cobertura integral
      • Cobertura de colisión
      • Cobertura de automovilista sin seguro y con seguro insuficiente
      • Deducible decreciente
      • Perdón de accidentes
      • Perdón por violación menor
      • Asistencia en carretera
      • Seguro de Auto Especializado
      • Servicio al cliente las 24 horas
      • Remolque
      • Reembolso de alquiler
      • Protección contra lesiones personales (PIP)
      • Seguro de Auto Mexicano
      • Cobertura de pagos médicos
    • Seguro de HogarImage of right arrow
      • Seguro contra inundaciones
      • Seguro de Propiedad
      • Responsabilidad de los propietarios de viviendas
      • Seguro de inquilinos
      • Seguro de condominio
      • Seguro de Casa Móvil
      • Seguro de propiedad programado
      • Seguro de Propietarios
      • Seguro de negocios en el hogar
    • Otros Seguros PersonalesImage of right arrow
      • Robo de identidad
      • Seguro Paraguas Personal
      • Copia de seguridad de datos
    • Seguro de vidaImage of right arrow
      • Seguro de Vida Individual
      • Seguro de Vida Grupal
      • Seguro de cuidado a largo plazo
      • Seguro de Protección Hipotecaria
      • Seguro de Discapacidad
      • Política de segundo a morir
      • Seguro de Persona Clave (Hombres Clave)
    • Seguro de enfermedadImage of right arrow
      • Seguro de salud individual y familiar
      • Seguro de salud grupal
      • Cobertura dental
      • Cobertura de la visión
      • Seguro de cuidado a largo plazo
      • Seguro de salud temporal
      • Seguro Complementario
      • Seguro de Discapacidad
      • Seguro de Gastos Médicos
      • Seguro de salud infantil
      • Seguro de salud de viaje
      • Seguro de medicamentos recetados
      • HSA
    • Seguro de Vehículo RecreativoImage of right arrow
      • Seguro de Barco
      • Seguro de Motocicleta
      • Seguro de Autocaravana
      • Seguro ATV
      • Seguro de moto de nieve
    • Servicios de seguros adicionalesImage of right arrow
      • Seguro para Eventos Especiales
      • Otros Servicios
    • Cobertura para industrias específicasImage of right arrow
      • Firma de Contabilidad de Seguros
      • Seguro de la Asociación de Condominios
      • Seguros de Bufete de Abogados
      • Seguros de Negocios Inmobiliarios
      • Seguros minoristas
      • Seguro de Contratistas de HVAC
      • Seguro de autoalmacenamiento
      • Seguro de grúas
    • Cobertura para su negocioImage of right arrow
      • Gestión de licencias
      • Seguro de Control de Pérdidas
      • Seguro Marítimo
      • Política de Propietarios de Negocios (BOP)
      • Seguro de Auto Comercial
      • Responsabilidad Comercial General
      • Seguro de Propiedad Comercial
      • Seguro Paraguas Comercial
      • Seguro contra delitos
      • Seguro de Responsabilidad Cibernética
      • EPLI
      • Seguro Marítimo Interior
      • Responsabilidad Profesional
      • Compensación de Trabajadores
      • Bonos
      • Bonos de fidelidad
      • Fianzas de Garantía
  • Contáctenos
    • Contáctenos
    • Solicitud de certificado
    • Oficina de Juno Beach
    • Oficina de Orlando
Home > Es-Us > Glossary > G

Insurance Glossary

Insurance terms and definitions from Patriot Insurance Agency, LLC.


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 Patriot Insurance Agency, LLC 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
GAP INSURANCE
An automobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked and the amount the consumer owes the leasing or finance company.

GENERALLY ACCEPTED ACCOUNTING PRINCIPLES/GAAP
Generally accepted accounting principles (GAAP) accounting is used in financial statements that publicly-held companies prepare for the Securities and Exchange Commission.

GENERIC AUTO PARTS
Auto crash parts produced by firms that are not associated with car manufacturers. Insurers consider these parts, when certified, at least as good as those that come from the original equipment manufacturer (OEM). They are often cheaper than the identical part produced by the OEM

GLASS INSURANCE
Coverage for glass breakage caused by all risks; fire and war are sometimes excluded. Insurance can be bought for windows, structural glass, leaded glass, and mirrors. Available with or without a deductible.

GRADUATED DRIVER LICENSES
Licenses for younger drivers that allow them to improve their skills. Regulations vary by state, but often restrict night time driving. Young drivers receive a learner’s permit, followed by a provisional license, before they can receive a standard drivers license.

GRAMM-LEACH-BLILEY ACT
Financial services legislation, passed by Congress in 1999, that removed Depression-era prohibitions against the combination of commercial banking and investment-banking activities. It allows insurance companies, banks, and securities firms to engage in each others’ activities and own one another.

GROUP INSURANCE
A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependents. Coverage occurs under a master policy issued to the employer or association.

GUARANTEE PERIOD
Period during which the level of interest specified under a fixed annuity is guaranteed.

GUARANTEED DEATH BENEFIT
Basic death benefits guaranteed under variable annuity contracts.

GUARANTEED INCOME CONTRACT / GIC
Often an option in an employer-sponsored retirement savings plan. Contract between an insurance company and the plan that guarantees a stated rate of return on invested capital over the life of the contract.

GUARANTEED LIVING BENEFIT
A guarantee in a variable annuity that a certain level of annuity payment will be maintained. Serves as a protection against investment risks. Several types exists.

GUARANTEED REPLACEMENT COST COVERAGE
Homeowners policy that pays the full cost of replacing or repairing a damaged or destroyed home, even if it is above the policy limit.

GUN LIABILITY
A new legal concept that holds gun manufacturers liable for the cost of injuries caused by guns. Several cities have filed lawsuits based on this concept.


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

Carrier 1 Carrier 2 Carrier 3 Carrier 4 Carrier 5 Carrier 6 Carrier 7 Carrier 7

How can we help you?

Our expert advisors are ready to discuss your needs.

Call Us (561) 694 -1776
Logo
Social Social
Resources Home Products Carriers About Us Refer A Friend Blog
Contact 13901 US Highway 1 #8
Juno Beach, FL 33408
Phone: (561)694-1776 Fax: (561)694 -1774
© Copyright. All rights reserved. Powered by Insurance Website Builder