"Accident costs" refers to the expenses or losses related to an unexpected, unintended event or incident. It typically includes the financial burden of injuries, damages, medical bills, repairs, or any other negative consequences resulting from the accident.
Full definition
Cars that tend to do more damage and cause more serious injuries in
accidents cost more on collision insurance.
Still, the first question most people are going to ask about
traffic accident costs is basic and close to home: What is a traffic accident going to cost me?
The minimum car insurance might not be enough to fully
cover accident costs, and the remaining balance would have to come out of your own pocket.
Students, for example, have enough debt and responsibilities without the added
car accident costs.
With accident costs climbing all the time, some states have recently increased their mandatory minimums, but many still fall well short of the average cost of an accident liability claim.
What's more, in spite of predicted results to the contrary according to statistical models presented by no fault theorists, there has been no reduction
in accident costs for drivers in no fault states versus the costs paid for by drivers in tort states [4].
The experience rating programs would be replaced by «Risk - Adjusted Premium Rate Setting» whereby employers would be grouped by risk and
accident costs into three bands:
You can't get more «core,» to put it in surfer lingo, than O'Neill — who was as famous for his pirate - like patch (a
surfing accident cost him his left eye) and unruly beard as his contributions to the sport.
Boerefijn estimated that though the installation cost seems high, Dutch municipalities adopting the passive bike path heating would end up saving money in salt and straw used on roads in winter, as well as in
reduced accident costs.
For example: medical expenses, hospital bills, co pays, medication costs, time missed from work, and personal items that may have been damaged from the accident
Currently, if a temporary help agency worker is injured, the injury and
related accident costs do not affect the client employer's premium or WSIB experience rating programs, but rather they negatively affect the temporary help agency's premium.
Agencies would be responsible for Worker Safety and Insurance Board («WSIB»)
accident costs if a temporary employee is injured at an Employer's work site.
NOTE: In rare cases, your health insurance company may have an addendum on your policy that it will not cover your
auto accident costs.
New Hampshire is the exception to this requirement, but you must be able to demonstrate the financial means to
cover accident costs to drive without insurance in this state.
There is a Veterinary cost cover where if the customer lives at the insured premises the company will pay the amount mentioned in the schedule during any one period of insurance for veterinary expenses related to a cat or dog owned by the customer if it is injured in an accident
Furtheremore, if you go four years accident - free and then have an accident, the first one won't be counted against you as long as
the accident costs Progressive more than $ 500.
When you book your reservation entirely on your card and decline the agency's policy, you get coverage on your rental for any damages or
accident costs.
The Finnish governments support nuclear energy by allocating majority of the risks,
accident costs and nuclear waste costs to the tax payers.
The CDC found that motor vehicle accidents contributed 71 percent of the total cost, about $ 70 billion, while motorcycle
accidents cost $ 12 billion, pedestrian accidents cost $ 10 billion and bicycle accidents cost about $ 5 billion.
It is essential for us to obtain the correct compensation for our client's
accident costs, no matter how large or small the case.
Our Boulder personal injury attorneys will seek compensation for all the ways
the accident cost you as a victim.
c) Increase or decrease the amount of the other employer's premiums based upon the frequency of work injuries or
the accident costs or both.
The Temple personal injury lawyers at Zinda Law Group can help you seek compensation for all the ways
the accident cost you as a victim.
These accidents cost more than $ 12 billion annually.
Among those recommendations, one that regulation require the WSIB to assign injury and
accident costs to client companies rather than the temporary help agency.
These accidents cost the state nearly $ 3 billion.
«For example, if your car has a Kelly Blue Book value of $ 5,000 and you get into
an accident costing $ 3,500 in repairs, you haven't been allocating your money correctly if you've been paying for collision all this time.»
Bodily injury pays others» medical costs and lost wages, and your legal expenses if a lawsuit is brought against you due to an accident
Optional coverages like towing, roadside assistance and the cost to rent a replacement vehicle if you are in an accident
The Centers for Disease Control and Prevention estimates that people between the ages of 15 and 24 account for roughly 30 percent of
all accident costs among males and 28 percent of accident costs among females despite representing only 14 percent of the US population.
However at the time of
your accident the cost of a new truck might be $ 55,000 in which case the insurer could use this figure to calculate the depreciation, and this would then be $ 27,500.
The rules vary from state to state, but payout thresholds of $ 500 to $ 1,000 are typical, which means that
accidents costing the insurer less than that can't raise your rate.
A deductible shifts more of
the accident cost onto the policy holder, but it's something worth looking into if a high risk driver is just a little bit more of a risk, pushing insurance costs just above what he or she can afford.
Because the vehicle the woman was driving was owned by her father, they paid the limits of his uninsured motorist policy but because the young lady's injuries were so severe, his uninsured motorist policy didn't cover the entire amount of
the accident cost.