Exclusions

These are items that are not eligible for insurance coverage under the terms of an insurance policy. The insurer does not provide coverage for such items because they are not applicable to the insurance terms.

For example, an auto insurance company may have to provide collision coverage for damage caused by collision but do not provide insurance for damage caused by tear and wear etc

Ensure you understand all the terms of your insurance policy before getting coverage from them. This will put you in a better position to avoid unnecessary acts that do not call for coverage.

Posted in: Glossary of Auto Insurance Policy (E)