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Glossary N

Named driver exclusion

Named driver exclusion – A policy provision that excludes coverage for a specific driver listed on the policy.

  1. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)

Named-peril coverage

  1. All-Risk Vs. Named-Peril: Insurance Policies (Decoded)

Named-peril insurance

  1. All-Risk Vs. Named-Peril: Insurance Policies (Decoded)

Named perils

  1. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)
  2. Dwelling Vs. Personal Property: Home Insurance (Focus)
  3. All-Risk Vs. Named-Peril: Insurance Policies (Decoded)

Named perils vs open perils policies

  1. Dwelling Vs. Personal Property: Home Insurance (Focus)

Narrow network plans

  1. Open Vs. Closed Insurance: Navigating the (System)

Natural disaster damage

  1. Peril Vs. Hazard: Understanding Home Insurance (Terminology)

Natural disasters

  1. Collision Coverage Vs. Comprehensive Coverage: Which One Do You Need For Your Car?
  2. Homeowners Insurance Vs. Renters Insurance: Which One Do You Need?
  3. Peril Vs. Hazard: Understanding Home Insurance (Terminology)
  4. Homeowners Insurance Vs. Flood Insurance: Are You Fully Covered?
  5. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  6. Personal Property Insurance Vs. Business Property Insurance: What’s The Difference?
  7. Dwelling Vs. Personal Property: Home Insurance (Focus)
  8. Liability Vs. Comprehensive Auto Insurance: Which One Do You Need?
  9. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)
  10. Travel Insurance Vs. Medical Insurance: Which One Covers You Better Abroad?
  11. Homeowners Insurance Vs. Title Insurance: What’s The Difference?
  12. Liability Vs Full Coverage: Car Insurance (Dilemma)
  13. First-Party Vs. Third-Party Insurance: Roles (Unveiled)
  14. Claim Vs. Premium: Deciphering Insurance (Jargon)
  15. Loss Vs. Damage: Insurance Claims (Interpreted)
  16. Property Damage Vs. Bodily Injury: Claims (Defined)
  17. Single Limit Vs. Split Limit: Auto Insurance (Clarified)
  18. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)
  19. What Are The Major Types Of Insurance? (9 Simple Questions Answered)
  20. Actual Cash Value Vs. Agreed Value: Insurance (Clarified)
  21. What Types Of Insurance To Landlords Need? (10 Important Questions Answered)
  22. How Does Collision Insurance Work? (10 Important Questions Answered)
  23. Insured Vs. Insurer: Grasping Insurance (Roles)
  24. Deductible Vs. Premium: Which One Saves You More Money?
  25. Actual Cash Value Vs Replacement Cost: Insight (Uncovered)
  26. Third-Party Liability Insurance Vs. First-Party Insurance: What’s The Right Choice For You?
  27. Underwriting Vs. Claims: The Insurance (Process)
  28. Umbrella Vs Excess Liability: Exploring Insurance (Layers)
  29. Umbrella Insurance Vs. Excess Liability: What’s The Difference?
  30. Actual Cash Value Vs. Functional Replacement Cost (Decoded)
  31. All-Risk Vs. Named-Peril: Insurance Policies (Decoded)
  32. Rider Vs. Endorsement: Amplifying Your Insurance (Options)
  33. How Can Landlords Ensure They Get the Best Deal on Earthquake Insurance Renewal? (10 Important Questions Answered)
  34. Bodily Injury Vs. Personal Injury: Insurance (Distinction)
  35. How Can Landlords Protect Against Property Damage? (10 Important Questions Answered)
  36. Policy Limit Vs. Actual Damages: Insurance (Debunked)
  37. Compensation Vs. Damages: Insurance Negotiation (Unpacked)
  38. How Can I Get Comprehensive Car Insurance Coverage? (9 Simple Questions Answered)
  39. What Are the Most Common Causes of Losses in Insurance Agencies? (10 Important Questions Answered)
  40. Exclusions Vs. Exceptions: Insurance Policy (Nuances)
  41. Fault Vs. No-Fault: Auto Insurance Claims (Explained)
  42. Liability Insurance Vs. Property Insurance: Which One Do You Need More For Your Business?

Neglect or lack of maintenance on the property

  1. Peril Vs. Hazard: Understanding Home Insurance (Terminology)

Negligence

Failure to exercise reasonable care, resulting in harm to another person.

  1. Bodily Injury Vs. Personal Injury: Insurance (Distinction)
  2. Indemnity Vs. Subrogation: Insurance Terms (Simplified)
  3. Negligence Vs. Liability: Deciphering Insurance (Terms)
  4. Property Damage Vs. Bodily Injury: Claims (Defined)
  5. What Is Liability Protection Insurance? (9 Simple Questions Answered)
  6. Fault Vs. No-Fault: Auto Insurance Claims (Explained)
  7. How Does Liability Insurance Protect You? (10 Important Questions Answered)
  8. What Types Of Insurance To Landlords Need? (10 Important Questions Answered)
  9. First-Party Vs. Third-Party Insurance: Roles (Unveiled)
  10. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)
  11. Liability Insurance Vs. Property Insurance: Which One Do You Need More For Your Business?
  12. Peril Vs. Hazard: Understanding Home Insurance (Terminology)
  13. Policyholder Vs. Claimant: Understanding the Difference (Decoded)
  14. Stacking Vs. Unstacking: Understanding Insurance (Coverage)
  15. What Are The Major Types Of Insurance? (9 Simple Questions Answered)
  16. Exclusions Vs. Exceptions: Insurance Policy (Nuances)
  17. How Can Landlords Protect Against Property Damage? (10 Important Questions Answered)
  18. Business Insurance Vs. Personal Insurance: What Are The Key Differences?
  19. Subrogation Vs. Indemnity: Complex Insurance Terms (Simplified)
  20. How Does Third-Party Insurance Protect You? (9 Simple Questions Answered)
  21. Umbrella Vs. Excess Coverage: Liability Insurance (Decoded)
  22. What Are the Most Common Causes of Losses in Insurance Agencies? (10 Important Questions Answered)

Negligence claim

A legal claim that alleges a person’s negligence caused harm to another person.

  1. What Is Liability Protection Insurance? (9 Simple Questions Answered)
  2. How Does Liability Insurance Protect You? (10 Important Questions Answered)
  3. Subrogation Vs. Indemnity: Complex Insurance Terms (Simplified)
  4. What Types Of Insurance To Landlords Need? (10 Important Questions Answered)

Negligence in claims handling

  1. Claim Denial Vs. Reservation of Rights: Insurance (Scenarios)

Negligence legal responsibility

The legal obligation to act with reasonable care to avoid causing harm to others.

  1. Property Damage Vs. Bodily Injury: Claims (Defined)

Negligence per se

  1. Fault Vs. No-Fault: Auto Insurance Claims (Explained)
  2. Negligence Vs. Liability: Deciphering Insurance (Terms)

Negligent misrepresentation

  1. Bad Faith Vs. Denial: Insurance Claim (Misconceptions)
  2. Claim Denial Vs. Reservation of Rights: Insurance (Scenarios)

Negligent party liability

  1. Indemnity Vs. Subrogation: Insurance Terms (Simplified)

Negotiated settlement

  1. Mediation Vs. Arbitration: Dispute Resolution (Demystified)

Negotiating team

A group of individuals who work together to negotiate a deal or agreement.

  1. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)

Negotiation

The process of discussing and reaching an agreement between two or more parties.

  1. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)
  2. Demand Letter Vs. Settlement Offer: Negotiation (Unveiled)
  3. First Offer Vs. Final Settlement: Negotiation (Tactics)
  4. Mediation Vs. Arbitration: Dispute Resolution (Demystified)
  5. Compensation Vs. Damages: Insurance Negotiation (Unpacked)
  6. Settlement Vs. Litigation: Navigating Insurance Disputes (Guide)
  7. Claim Denial Vs. Reservation of Rights: Insurance (Scenarios)
  8. Insurance Defense Vs. Personal Counsel: Legalities (Explained)
  9. Policy Expiration Vs. Cancellation: Insurance Implications (Unveiled)
  10. Actual Loss Vs. Constructive Loss: Insurance Claims (Defined)
  11. Claim Vs. Suit: Understanding Legal Implications (Unpacked)
  12. Claim Dispute Vs. Complaint: Navigating Insurance (Challenges)
  13. Bad Faith Vs. Denial: Insurance Claim (Misconceptions)
  14. Underwriting Vs. Claims: The Insurance (Process)
  15. Stated Value Vs. Agreed Value: Insurance Coverage (Unraveled)
  16. What Strategies Should I Use to Close Deals as an Insurance Agent? (9 Simple Questions Answered)
  17. Indemnity Vs. Subrogation: Insurance Terms (Simplified)
  18. Loss Vs. Damage: Insurance Claims (Interpreted)
  19. Claim Adjuster Vs. Public Adjuster: Roles (Defined)
  20. How Can You Advance Your Career as an Insurance Agent? (9 Simple Questions Answered)
  21. How Can I Get Comprehensive Car Insurance Coverage? (9 Simple Questions Answered)

Negotiation abilities

  1. Claim Adjuster Vs. Public Adjuster: Roles (Defined)

Negotiation preparation

  1. First Offer Vs. Final Settlement: Negotiation (Tactics)

Negotiation skills

  1. Settlement Vs. Litigation: Navigating Insurance Disputes (Guide)
  2. How Can I Get Started in a Career as an Insurance Broker? (10 Important Questions Answered)
  3. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)
  4. Actual Cash Value Vs. Functional Replacement Cost (Decoded)
  5. Claim Adjuster Vs. Public Adjuster: Roles (Defined)
  6. How Can Insurance Agents Achieve Financial Stability? (10 Important Questions Answered)
  7. How Can Risk Management Assist Insurance Agents? (9 Simple Questions Answered)
  8. What Training Do I Need To Become An Insurance Agent? (10 Important Questions Answered)

Negotiation tactics

Strategies used to influence the outcome of a negotiation.

  1. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)
  2. Settlement Vs. Litigation: Navigating Insurance Disputes (Guide)
  3. Claim Adjuster Vs. Public Adjuster: Roles (Defined)
  4. First Offer Vs. Final Settlement: Negotiation (Tactics)

Network adequacy

  1. Claim Vs. Appeal: Understanding Insurance (Processes)
  2. Indemnity Vs. Managed Care: Health Insurance (Unveiled)

Network providers

  1. Primary Vs. Secondary: Unpacking Health Insurance (Coverage)
  2. Co-payment Vs Co-insurance: Decoding Health Insurance (Terms)
  3. Group Vs Individual Insurance: Which to Choose? (Decision)
  4. Deductible Vs. Out-Of-Pocket Limit: Insurance (Costs)
  5. HMO Vs PPO: Navigating Health Insurance (Plans)
  6. Claim Vs. Appeal: Understanding Insurance (Processes)
  7. Coinsurance Vs. Copay: Health Insurance (Comparison)

Network restrictions

Network restrictions – Limitations on which healthcare providers or facilities are covered under an insurance plan.

  1. Public Vs. Private Health Insurance: Pros and Cons (Discussed)
  2. Co-payment Vs Co-insurance: Decoding Health Insurance (Terms)
  3. Catastrophic Health Insurance Vs. Comprehensive Health Insurance: Which One Is Right For You?
  4. Group Vs Individual Insurance: Which to Choose? (Decision)
  5. Health Maintenance Organization Vs. Preferred Provider Organization: Which One Is Better?
  6. HMO Vs PPO: Navigating Health Insurance (Plans)

Neutral arbitrator

  1. Claim Vs. Suit: Understanding Legal Implications (Unpacked)

Neutral third-party

  1. Mediation Vs. Arbitration: Dispute Resolution (Demystified)
  2. Appraisal Vs. Arbitration: Resolving Insurance Disputes (Explained)

No-fault insurance

A type of insurance policy that provides coverage regardless of who is at fault in an accident.

  1. Fault Vs. No-Fault: Auto Insurance Claims (Explained)
  2. Liability Vs Full Coverage: Car Insurance (Dilemma)
  3. Claim Vs. Premium: Deciphering Insurance (Jargon)
  4. How Can I Get Comprehensive Car Insurance Coverage? (9 Simple Questions Answered)
  5. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)

No-fault insurance states

States where insurance policies provide coverage regardless of who is at fault in an accident.

  1. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  2. Underinsured Vs. Uninsured: Motorist Coverage (Demystified)

No-fault system

  1. Fault Vs. No-Fault: Auto Insurance Claims (Explained)

Non-at-fault accident

An accident where the insured is not at fault and therefore not responsible for damages.

  1. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)

Non-binding arbitration

  1. Demand Letter Vs. Settlement Offer: Negotiation (Unveiled)

Non-binding decision

  1. Appraisal Vs. Arbitration: Resolving Insurance Disputes (Explained)

Non-binding recommendation

  1. Mediation Vs. Arbitration: Dispute Resolution (Demystified)

Non-cancelable policies

  1. Short-Term Vs. Long-Term Disability: Insurance (Details)

Non-collision damage

  1. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)
  2. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  3. Collision Coverage Vs. Comprehensive Coverage: Which One Do You Need For Your Car?

Non-covered services

Non-covered services – medical services that are not covered by an insurance policy.

  1. Claim Vs. Appeal: Understanding Insurance (Processes)
  2. Out-of-Pocket Maximum Vs. Deductible: Costs (Explored)

Non-disclosure agreement (NDA)

  1. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)
  2. Mediation Vs. Arbitration: Dispute Resolution (Demystified)
  3. First Offer Vs. Final Settlement: Negotiation (Tactics)
  4. Demand Letter Vs. Settlement Offer: Negotiation (Unveiled)
  5. How Do I Obtain a Bond to Become an Insurance Agent? (10 Important Questions Answered)
  6. Claim Vs. Suit: Understanding Legal Implications (Unpacked)
  7. Settlement Vs. Litigation: Navigating Insurance Disputes (Guide)
  8. Indemnity Vs. Subrogation: Insurance Terms (Simplified)
  9. Homeowners Insurance Vs. Title Insurance: What’s The Difference?
  10. What Types Of Insurance To Landlords Need? (10 Important Questions Answered)
  11. Appraisal Vs. Arbitration: Resolving Insurance Disputes (Explained)
  12. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  13. Compensation Vs. Damages: Insurance Negotiation (Unpacked)
  14. What Strategies Should I Use to Close Deals as an Insurance Agent? (9 Simple Questions Answered)
  15. Claim Dispute Vs. Complaint: Navigating Insurance (Challenges)
  16. Claim Adjuster Vs. Public Adjuster: Roles (Defined)
  17. Insured Vs. Insurer: Grasping Insurance (Roles)
  18. Liability Insurance Vs. Property Insurance: Which One Do You Need More For Your Business?
  19. Actual Cash Value Vs. Functional Replacement Cost (Decoded)

Non-duplication clauses

Provisions in insurance policies that prevent double payment for the same claim.

  1. Policy Limit Vs. Actual Damages: Insurance (Debunked)

Non-economic damages

Compensation for losses that cannot be easily quantified, such as pain and suffering or emotional distress.

  1. Bodily Injury Vs. Personal Injury: Insurance (Distinction)
  2. Property Damage Vs. Bodily Injury: Claims (Defined)
  3. Claim Vs. Suit: Understanding Legal Implications (Unpacked)
  4. Indemnity Vs. Subrogation: Insurance Terms (Simplified)

Non-forfeiture options

Options available to policyholders to maintain coverage and avoid forfeiting their policy due to non-payment of premiums.

  1. Glossary Terms

Non-guaranteed death benefit

A death benefit that is not guaranteed and may fluctuate based on various factors.

  1. Glossary Terms

Non-insurable risks

Risks that are not covered by insurance policies.

  1. Umbrella Vs Excess Liability: Exploring Insurance (Layers)

Non-network providers

  1. Primary Vs. Secondary: Unpacking Health Insurance (Coverage)
  2. Claim Vs. Appeal: Understanding Insurance (Processes)
  3. Coinsurance Vs. Copay: Health Insurance (Comparison)
  4. Co-payment Vs Co-insurance: Decoding Health Insurance (Terms)

Non-payment consequences

  1. Stacking Vs. Unstacking: Understanding Insurance (Coverage)

Non-proportional reinsurance

  1. Insured Vs. Insurer: Grasping Insurance (Roles)
  2. Underwriting Vs. Claims: The Insurance (Process)

Non-renewable premium

A premium that cannot be renewed and must be paid in full each time coverage is needed.

  1. Glossary Terms

Non-Renewal

  1. Guaranteed Vs. Reviewable Premiums: Insurance (Decoded)

Non-renewal clauses

  1. Exclusions Vs. Exceptions: Insurance Policy (Nuances)

Non-renewal notification

  1. Policy Expiration Vs. Cancellation: Insurance Implications (Unveiled)

Non-repairable parts/damage items

  1. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)

Nonverbal communication

  1. Demand Letter Vs. Settlement Offer: Negotiation (Unveiled)

Notice of circumstances provision

  1. Occurrence Vs. Claims-Made: Understanding Liability Policies (Unraveled)

Notice requirements

  1. First-Party Vs. Third-Party Insurance: Roles (Unveiled)

Nuclear accidents or radiation exposure

  1. Peril Vs. Hazard: Understanding Home Insurance (Terminology)