Auto & Homeowner's Insurance Glossary

Definitions offered in this section are meant to provide generic insurance information to consumers. They are not complete descriptions of all terms, exclusions and conditions applicable to the products and services offered by Electric Insurance. The terms and conditions of the policies issued are controlling in all cases. Product availability varies by state.

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	Debris Removal Clause	While most property policies cover only direct damages caused by an insured peril, the "debris removal clause" covers the cost of removing debris produced by the peril's occurrence. For example, a hurricane sweeps through the state; a fallen tree will be removed only if it lands on your house. Debris Removal reimburses you for the cost of cleaning up all the broken limbs and rubble
	Declarations Page	The declarations page tells you who and/or what is covered by the insurance, the amount of coverage purchased and the conditions-the "when" and "where"-covered by the purchased insurance.
	Deductible	This is the amount you agree to pay out of your own pocket before the insurance company reimburses you for damage expenses. If you had an accident with damages totaling $1,700, and carry a $350 deductible on your collision coverage, you would pay the first $350, and the insurance company would cover the difference, the remaining $1,200. Raising the amount of your deductible saves you money on the cost of your insurance.
	Defensive Driver Discount	In some states, individuals who successfully complete an authorized defensive driver course are eligible for further credits.
	Direct Loss	This is damage or a loss resulting as a direct consequence of an insured peril. For example, a computer lost in a fire is a direct loss; the data destroyed inside the computer is considered an indirect loss.
	Direct Writer	An insurance company that offers its policies directly to consumers through its own employees is called a "direct writer." Electric Insurance is a direct writer.
	Driver Training Discount	Safety is the first rule of the road. To encourage good driving habits in young people, drivers under 21 who complete a driver-training course can often save up to 15% on their insurance premiums. Discounts vary by state and are typically good for 2-3 years.
	Dwelling Forms	These are policies that cover a residence dwelling or building, usually not owner-occupied, and the personal property inside. You can buy dwelling forms that vary by the degree of coverage they offer.
	DWI/DUI	Driving While Intoxicated/Driving Under the Influence.