The A-Z Motor Insurance Guide.

When looking into buying motor insurance it can be a bit daunting when you come across all the terminology involved. So we have compiled a guide to insurance terminology.

Click on the relevant letter that the term or word begins with and find out what it means.

L

Legal Expenses Insurance

Also known as uninsured loss recovery in respect of car insurance. This provides cover for any legal proceedings and associated costs in situations defined within the policy.

Liability

The legal responsibility for causing loss to a third party, whether by causing injury or damage to their property.

Lloyd's of London

An insurance market organised into syndicates, which underwrites most types of policy.

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This describes how much over the "average" an individual may be charged for their insurance.

Loss Adjuster

These individuals are independent from the insurance company but are paid by them to check claims, and thereby negotiates with the policyholder the amount that actually ends up being payable for the claim.