Abbreviations Flashcards

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

A

Home Owners

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
Q

PAP

A

Personal Auto Policy

26
Q

PI

A

Personal Injury (3rd Party liability)

27
Q

PIP

A

Personal Injury Protection

28
Q

PD

A

propety damage (liability)

29
Q

SIR

A

Self Insured Retention (unbrella)

30
Q

UM

A

unisured Motorist

31
Q

UIM

A

Under-insured motorist

32
Q

V & VM

A

Vandalism and Malicious Mischief

33
Q

WA

A

Washington

34
Q

WAIP

A

Washington Auto Insurance Plan

35
Q

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