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Glossary


Compliance, Safety, Accountability (CSA) score was an initiative rolled out in December 2010 by the Federal Motor Carrier Safety Administration (FMCSA) to improve large truck safety by reducing crashes, injuries, and fatalities on the road.

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Composite rating is a method of rating insurance premiums on a singular rate developed to apply to all coverages according to a selected exposure basis.

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A compound inflation rider is a long-term care (LTC) insurance policy rider that increases the benefits provided by a rate compounded every year.

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Comprehensive 3-D policy is a term that was used in a discontinued Insurance Services Office, Inc. (ISO), commercial crime insurance program.

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Comprehensive auto coverage under an automobile physical damage policy insures against loss or damage resulting from any cause, except those specifically precluded.

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Comprehensive boiler and machinery (BM) coverage is coverage that applies to all insurable objects (types of equipment).

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The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) of 1980 is a federal act establishing a system for the cleanup of facilities where hazardous wastes are or have been disposed of, treated, or stored.

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Comprehensive personal liability (CPL) coverage is liability coverage typically found under section II of the homeowners policy.

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Compulsory insurance is any form of insurance that is required by law.

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Some countries stipulate compulsory insurance requirements on businesses wherein they must purchase and maintain certain types of insurance coverage to operate in the country.

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