Car Insurance Dictionary - CarInsurance1.co.uk

Main driver: The person who drives the car mostly is the main driver.
Material fact: A material fact is any information related to the driving history of the policy holder that would affect the judgement of an insurer in accepting the risk or calculation of the premium amount. Failure to disclose material fact could annul a policy.
Modifications: Any changes made to a car that is not classified as factory standard. This could include modifications engine, spoiler, alloys, or sunroof etc. The insurer has the right to decline any claim or invalidate your policy in case of non-disclosure of modifications on your car.

Car Insurance >> Dictionary

Listed below are general car insurance-related terminologies and their meanings. Click on the alphabet to view the list of terms starting with that letter.

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Main driver : The person who drives the car mostly is the main driver.

Material fact : A material fact is any information related to the driving history of the policy holder that would affect the judgement of an insurer in accepting the risk or calculation of the premium amount. Failure to disclose material fact could annul a policy.

Modifications : Any changes made to a car that is not classified as factory standard. This could include modifications engine, spoiler, alloys, or sunroof etc. The insurer has the right to decline any claim or invalidate your policy in case of non-disclosure of modifications on your car.