Abbreviations Flashcards

(35 cards)

1
Q

ACV

A

Actual Cash Value

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2
Q

AIP

A

Auto Insurance Policy

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3
Q

BI

A

Bodily Injury

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4
Q

BOP

A

Business Owners Policy

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5
Q

BAP

A

Business Auto Policy

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6
Q

CAP

A

Commerical Auto Policy

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7
Q

CPP

A

Commerical Package Policy

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8
Q

CGL

A

Commercial General Liability

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9
Q

CPL

A

Comprehensive Personal Liability

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10
Q

D&O

A

Directors and Officers

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11
Q

DOC

A

Drive Other Car

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12
Q

DP

A

Dwelling Property

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13
Q

EC

A

Extended Coverage

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14
Q

ERP

A

Extended Reporting Period

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15
Q

E&O

A

Errors and Ommissions

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16
Q

MV

A

(fair) Market Value

17
Q

FAIR plan

A

Fair Access to Insurance Requirement

18
Q

FCRA

A

Fair Credit Reporting Act

19
Q

GL

A

General Liability

20
Q

HO

21
Q

ISO

A

Insurance services office

22
Q

NAIC

A

National Assn of Insurance Commissioners

23
Q

OTC

A

Other Than Collision (Comprehensive Auto)

24
Q

PAF

A

Personal Article Floater

25
PAP
Personal Auto Policy
26
PI
Personal Injury (3rd Party liability)
27
PIP
Personal Injury Protection
28
PD
propety damage (liability)
29
SIR
Self Insured Retention (unbrella)
30
UM
unisured Motorist
31
UIM
Under-insured motorist
32
V & VM
Vandalism and Malicious Mischief
33
WA
Washington
34
WAIP
Washington Auto Insurance Plan
35
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