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glossary

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terms that start with ‘m’

Manufactured home

A manufactured home is a factory-built home that meets the Manufactured Home Construction and Safety Standards set by the U.S. Department of Housing and Urban Development in 1976.

Unlike the mobile homes of the past, manufactured homes today come with many upgrades and can closely resemble a typical site-built home.

See also: manufactured home insurance


Manufactured home insurance

Manufactured home insurance provides coverage for manufactured homes against sudden and accidental losses, including those caused by fires, theft, floods, hurricanes, tornadoes, earthquakes, vandalism, landslides, and more.

See also: mobile home, mobile home insurance

Related link

Manufactured home insurance quotes


Marine insurance

See boat insurance.


Mature driver

A mature driver (also known as a senior driver) is considered mature upon reaching a certain age, as determined by his or her state of residence. The minimum age for mature drivers in many states is 55 years old.

Many insurance companies offer discounts to mature drivers who complete state-certified defensive driving courses.


Medical benefits coverage

Medical benefits coverage may be a part of your car insurance policy's personal injury protection (in no-fault states) or first party benefits plan (in Pennsylvania).

Medical expenses that are the direct result of accident-related injuries are covered. Covered medical expenses are capped at the limits you choose when you buy your car insurance policy.

See also: personal injury protection, first party benefits


Medical payments coverage

Medical payments coverage (also known as medpay or med pay) is an optional coverage that can help pay medical bills and/or funeral expenses if you and/or accompanying passengers are injured or killed while in an insured vehicle, regardless of fault in an accident.

Medical payments coverage may also cover you and your family members when riding in others' vehicles, or a pedestrian on the street.

The amount paid by medical payments coverage is capped at the limit you choose when you buy your auto insurance policy.

Related link

What is medical payments coverage?


Mobile home

A mobile home is a factory-built home manufactured before the establishment of the Housing and Urban Development (HUD) code in 1976. Mobile homes are built on a chassis for easier transporting and usually require utilities hook-ups and anchoring.

See also: mobile home insurance


Mobile home insurance

Mobile home insurance protects your mobile home and any attached structure(s) in the event of any direct, sudden, or accidental loss. Mobile home insurance also covers your personal belongings and provides personal liability protection.

See also: manufactured home insurance, manufactured home

Related link

Mobile home insurance


Modern classic car

Though not officially recognized as classics by the Antique Automobile Club of America, modern classic cars are generally collectable vehicles between 15 and 25 years old.

See also: collector cars

Related links

Collector car insurance quotes
Collector car insurance FAQs
Myth: modified car insurance is hard to find


Monetary threshold

In no-fault states, a monetary threshold precludes policyholders from suing for bodily injuries sustained in a car accident unless the expenses exceed a certain agreed-upon figure as defined by the state.

Once the threshold is crossed, an accident victim can sue an at-fault driver for medical-related post-accident expenses.

See also: verbal threshold, no-fault insurance, no-fault states

Related links

What is bodily injury coverage?
What is personal injury protection?


Moped insurance

See scooter insurance.


Motorcycle insurance

Motorcycle insurance is insurance you can buy to protect your motorcycle and yourself in the event of an accident. Motorcycle insurance offered through Esurance covers street bikes, cruisers, touring bikes, standard motorcycles, scooters, touring motorcycles, dirt bikes, trikes, classics, and other 2-wheeled rides.

Related links

Motorcycle insurance quotes
Motorcycle insurance FAQs


Motor insurance

See car insurance.


Motor Vehicle Report

A Motor Vehicle Report (also known as an MVR, driving record, or license points) is an individual's documented history regarding motor vehicle operation.

The DMV receives a record of any moving violations, at-fault car accidents, not-at-fault car accidents, and tickets. This information is added to the driver's record. Depending on the severity of an infraction, a driver may receive points on his or her driving record, which can result in higher car insurance premiums, insurance coverage restrictions, or even a suspended or revoked drivers license.


Moving violation

A moving violation is any unlawful driving-related act committed while a vehicle is in motion. Common examples of moving violations include speeding, improper signaling, following too closely, and running a stop sign or red light.

See also: Motor Vehicle Report, claim