Invalid, not legally binding. An insurance contract that is prohibited by law and thus cannot be held to be a valid contract.

VIN switching is a technique used by car thieves to disguise the identity of a stolen car. The VIN of a stolen vehicle is replaced with the VIN from a legitimate vehicle, one that is not registered as stolen. The…

See Vehicle identification number.

Liability imposed upon a person even though not a party to a particular occurrence, e.g., the owner of a motor vehicle is vicariously responsible for injuries even though he is not driving the car at the time of the occurrence.

This is the number usually found on the dashboard of a vehicle on the driver’s side, and is usually listed on the vehicle registration and title. The VIN is a combination of letters and numbers 17 characters in length that…

The willful injury or destruction of property. Insured against by the extended coverage endorsement of a property insurance.

A policy which provides that a special amount shall be paid in the event of a total loss of the property.

Appraisal estimation of the value of an item.

Insurance that protects a business’s valuable documents, such as architectural drawings, law libraries, medical reference books, etc.