Terms You Need to Know
Insurance Required by the State of Florida
PIP-pays a percentage of your medical bills and lost wages, no matter who is at fault.
PD-pays for damage you cause to another’s property.
BI-pays for bodily injury damages you cause to another person. Not required but you need this coverage to protect yourself and your assets.
UM-pays for bodily injury damages in case you are injured by someone with no bodily injury coverage or limited coverage.
Comp/Collision-pays for damage to your car no matter who is at fault.
Affidavit - a written statement of facts confirmed by the oath of the party making it.
Alternative Dispute Resolution - settling a dispute without a full formal trial. Methods include mediation, conciliation, arbitration and settlement, among others.
Cause of Action - fact or facts that give someone the right to seek a remedy through the court.
Complaint or Petition - a lawsuit that is filed in court known as a complaint or petition. The person who brings the action is the plaintiff (you). The person against whom the action is brought is the defendant. The complaint or petition is a statement of facts alleging the names of the parties and alleging why the conduct of the defendant entitles the plaintiff to recover damages.
Damages - money payment that is recovered for an injury or loss caused by an unlawful act, omission or negligence of another.
Deposition - the testimony of a witness taken under oath but not in a courtroom.
Expert - a witness who may give an opinion in court based on the particular education, training and/or experience of that witness.
Hearing - a proceeding usually without a jury
Judgment - official decision of a court resolving the issues in a legal action.
Statute of Limitations - a set amount of time beginning with the date of the incident in which a person must bring a claim or be barred forever.