Collision


Definition of "Collision"

Janine Monfort
  South Bay Realty

Physical contact of an automobile with another inanimate object resulting in damage to the insured car. Insurance coverage is available to provide protection against this occurrence.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Dual Divided Agency

Representation of two or more parties in a transaction by the same real estate agent. ...

Quota Share Reinsurance

Automatic reinsurance that requires the insurer to transfer, and the re insurer to accept, a given p ...

11TH District Index

A cost of funds index that most adjustable rate mortgages written in California in recent years are ...

Surveyor

One who is trained in the measurement of land for the purpose of determining its perimeter boundarie ...

Strip Development

Construction of commercial property in a manner that enables each lessee or tenant to have access to ...

Scheduled Personal Property Endorsement

Addition to a homeowners insurance policy, or other personal or business property policies, to provi ...

Related Real Estate FAQ

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Is Homeowners Insurance?

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

Should I Pay Points For A Lower Rate?

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

What Is A Ginnie Mae?

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Is it better to buy or sell a home first Rent or Buy - the pros and cons What is Escrow and how does it Work? Real Estate Open House - The Dos and Don Mortgage Loan Types

FAQ

What is a mortgage banker? What is a quit claim deed? What is an assessed value? What is flood insurance? What is a contingency?