Click on one of the above letters to find the term you need.
A
B
| Bike | Your motorcycle |
C
| Capacity | Cubic Capacity or CC of your car, bike, scooter, van or taxi
|
| Car | Your motorcar
|
| CBT | For bike and scooters only, Compulsory Basic Training
|
| Company Name | The name of your insurance company
|
| Comprehensive Insurance | This covers claims made by other people against you. This also covers your vehicle if stolen or damaged by fire, accidental damage or malicious damage.
|
| Convictions | Driving convictions or convictions pending, e.g. SP30, DR10, IN10
|
| Cover | The level of insurance cover you have purchased
|
D
| Drivers | Named person or people who will drive your car, van or taxi |
E
| Engine Size | Cubic Capacity or CC of your car, bike, scooter, van or taxi
|
| Excess | The amount you pay in the event of a claim
|
| Excess Compulsory | The amount you pay in the event of a claim
|
| Excess Voluntary | The amount you choose to increase your excess by, this may reduce your insurance premium.
|
F
| FSA | Financial Services Authority |
G
H
I
| Insurer | Your insurance company
|
| IPT | Governments Insurance Premium Tax charged at 5% on your insurance premium.
|
J
K
L
| Licence | The type of driving licence you currently hold |
M
| MCE Insurance | M. C. Edwards (Insurance Brokers) Ltd. |
| Modification | Any modification, engine, performance or cosmetic that has been carried out to your vehicle. |
N
| No Claims Bonus | Proven no claims bonus. |
| Non-motoring convictions | Criminal convictions or prosecutions pending. |
O
P
| Postcode | The postcode of where you will be keeping your car, bike, scooter, van or taxi. If this is not your home address you must notify MCE's Customer Service immediately |
| Premium | The amount you pay for your insurance. |
Q
R
| Riders | Named person or people who will be riding your bike or scooter |
S
T
| Taxi | Your taxi, minibus or cab |
| Third Party Fire & Theft insurance | This covers claims made by other people against you and if your vehicle is stolen or damaged by fire. |
| Third Party Only Insurance | This covers claims made by other people against you. |
U
| Use Class 1 | Business use as defined in your policy booklet |
| Use Class 2 | Business use as defined in your policy booklet |
| Use SDP | Vehicle used for Social Domestic and Pleasure Only |
| Use SDP+C | Vehicle used for Social Domestic and Pleasure and Commuting Only |
V
| Van | Your commercial vehicle |