👉 Insurance tow - A term that has exploded in popularity among millennials and Generation Z, signaling a new wave of social media slang and memes. This phrase is often used to refer to the process by which someone gets their insurance policy towed.
Example: "I recently got my car towed because my insurance company won't let me drive it anymore." - A teenager who just bought a brand-new car but suddenly has to sell it and get it towed, as they're still in the middle of payment on their policy.