Depending on the specifics in your policy
Posted: Sat Dec 28, 2024 4:49 am
It also covers your business against damage to property that was caused by a crash or collision. Many insurers will also pay for your legal defense. Flexible limits: Split limit policies cover you for separate amounts for each person injured, all people injured and all property damaged. Combined single limit policies (CSL) cover you for a total amount for the accident, which can be better. For example, let’s say you have a CSL providing $500,000 of coverage.
There’s a crash and the bills come to $400,000 for hospit list of kuwait cell phone numbers al costs and $100,000 for auto repair costs so you’re fully covered. If you had a split limit policy with a combined total of $250,000 to cover injury costs, you’d be on the hook for $150,000. Medical expenses: Usually, your insurance will pay for the medical costs of a driver and any passengers in a vehicle accident, regardless of whose fault it was. Uninsured motorist (UM) and underinsured motorist (UIM) protection: Insurers will meet your medical costs and, depending on the policy, property damage costs if an accident was caused by another driver with insufficient insurance or none at all.
Vehicle damage: the cost of damage to your car caused by incidents like fire, flood, vandalism and theft will be met by your insurance company. What do states require for commercial auto insurance? The type of vehicle you have may impact a state’s commercial auto insurance requirements. Passenger vehicles usually have one type of requirement while freight and cargo vehicles have another. You’ll be subject to stricter requirements in most states if you transport hazardous materials.
There’s a crash and the bills come to $400,000 for hospit list of kuwait cell phone numbers al costs and $100,000 for auto repair costs so you’re fully covered. If you had a split limit policy with a combined total of $250,000 to cover injury costs, you’d be on the hook for $150,000. Medical expenses: Usually, your insurance will pay for the medical costs of a driver and any passengers in a vehicle accident, regardless of whose fault it was. Uninsured motorist (UM) and underinsured motorist (UIM) protection: Insurers will meet your medical costs and, depending on the policy, property damage costs if an accident was caused by another driver with insufficient insurance or none at all.
Vehicle damage: the cost of damage to your car caused by incidents like fire, flood, vandalism and theft will be met by your insurance company. What do states require for commercial auto insurance? The type of vehicle you have may impact a state’s commercial auto insurance requirements. Passenger vehicles usually have one type of requirement while freight and cargo vehicles have another. You’ll be subject to stricter requirements in most states if you transport hazardous materials.