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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	Vacant	A building with nothing in it. While an "unoccupied" building is defined by not having people in it, a "vacant" building is also devoid of furnishings and other items. Vacancy beyond a specified period of time is prohibited by the standard homeowner's policy.
	Vandalism and Malicious Mischief	Your homeowner's policy automatically covers you for willful destruction or damage performed by others to your property.
	VIN (Vehicle Identification Number)	This is a 17-character number that is unique to each vehicle and identifies characteristics of the vehicle such as year, make, model and engine specifics. The VIN is usually located on the driver's side of the dashboard.
	Violation(s)	Any driving offense for which you are issued a ticket. (Does not include parking tickets.) When applying for insurance, you must disclose all violations received within the specified time frame. The completion of safe or defensive driving courses does not negate the fact that a ticket was received.