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| • | Earned Premium - The portion of a premium that has been "used up" during a policy term. With a one-year policy, half of the total premium has been earned after six months. |
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| • | Effective Date/Inception Date - The date that coverage begins on an insurance policy. |
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| • | Expiration Date - The date your coverage ends. There is usually a time of day associated with this date, for example, an expiration date of 12/15/2006 at 12:01am. This means your coverage ends one minute after midnight on the date listed. |
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| • | Extended Non-Owner Liability - An endorsement that provides broader liability coverage for specifically named people operating any non-owned automobile or trailer. It covers non-owned autos, use of autos to carry people or property for a fee, and individuals driving employer-furnished cars who do not own vehicles themselves. |
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