Esurance Auto Insurance Glossary: I & J

Income Loss
Income Loss coverage is sometimes a part of your auto insurance policy's Personal Injury Protection or First Party Benefits plans.
Income loss coverage protects you if you're unable to work due to accident-related injuries. This auto insurance coverage helps you recover portions of your lost salary and other expenses you may incur as you try to return to work.
Indemnity
An indemnity is a pre-determined sum paid for a covered loss.
Insurance Claim Report
Insurance claim reports provide details about auto insurance claims you or other insured drivers have filed with insurance companies. These reports are provided by independent consumer reporting agencies that collect auto insurance claim information from a variety of insurance companies. One of the most common agencies issuing such reports is C.L.U.E., the Comprehensive Loss Underwriting Exchange.
Insurance Score
Insurance scores are based on analytical models that objectively measure the relative likelihood of future insurance losses based on your credit history. These scores and analyses of their significance are provided by independent consumer reporting agencies.
Insured
The insured is an individual covered by a given auto insurance policy.
Judgment
A judgment is a final decision rendered by a court of law. For example, in a lawsuit related to an auto accident, where Kate hit Eric’s fence, the court determined that Kate was wholly responsible for the accident. The judgment determined that Kate should pay for the costs of repairing Eric’s fence.