Abbreviations Flashcards
ACV
Actual Cash Value
AIP
Auto Insurance Policy
BI
Bodily Injury
BOP
Business Owners Policy
BAP
Business Auto Policy
CAP
Commerical Auto Policy
CPP
Commerical Package Policy
CGL
Commercial General Liability
CPL
Comprehensive Personal Liability
D&O
Directors and Officers
DOC
Drive Other Car
DP
Dwelling Property
EC
Extended Coverage
ERP
Extended Reporting Period
E&O
Errors and Ommissions
MV
(fair) Market Value
FAIR plan
Fair Access to Insurance Requirement
FCRA
Fair Credit Reporting Act
GL
General Liability
HO
Home Owners
ISO
Insurance services office
NAIC
National Assn of Insurance Commissioners
OTC
Other Than Collision (Comprehensive Auto)
PAF
Personal Article Floater
PAP
Personal Auto Policy
PI
Personal Injury (3rd Party liability)
PIP
Personal Injury Protection
PD
propety damage (liability)
SIR
Self Insured Retention (unbrella)
UM
unisured Motorist
UIM
Under-insured motorist
V & VM
Vandalism and Malicious Mischief
WA
Washington
WAIP
Washington Auto Insurance Plan
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