Sentences with phrase «amount per accident»

The limits of bodily injury liability are typically an amount per person and a total amount per accident, regardless of the number involved.
It covers a maximum amount per accident.

Not exact matches

«That mainly comes from reducing congestion, reducing accidents, which feeds into the congestion problem, and reducing the amount of miles traveled per car,» Stepp said.
Many choose to purchase coverage that exceeds the state requirement of $ 15,000 bodily injury per person, $ 30,000 bodily injury per accident and $ 5,000 property damage — amounts that are low by the standards of most states.
The second number — the $ 300,000 — refers to the maximum amount your insurer will pay in bodily injury liability insurance per accident.
This also represents the maximum amount you can claim per person or accident as the case may be.
Most homeowners policies provide a standard amount of liability coverage (usually $ 100,000) per accident.
Car insurance liability requirements vary by state, and include a minimum amount for bodily injury costs per person and per accident as well as a minimum for property damage liability.
Travel insurance almost always means medical travel insurance, which includes set amount of coverage (usually one to five million dollars per person for travel accidents and illness).
Pedestrian accidents actually make up a fair amount of total traffic collisions per year.
Interest on amounts that become overdue before September 1, 2010, in respect to Old accidents, will accrue at the old SABS rate of 2 % per month and be compounded monthly both before and after September 1, 2010;
Up until recently, the maximum amount of recovery from insurance covering a public bus was $ 100,000 per person and $ 200,000 per accident for victims injured in a public bus accident in Florida.
Thousands more are injured in accidents involving drivers who carry only the minimum amount of liability coverage for bodily injury, which in Missouri and Kansas, is $ 25,000 per person and $ 50,000 per accident.
To the amount determined under paragraph 1, add 70 per cent of the amount of the insured person's weekly loss from self - employment that he or she incurs as a result of the accident.
The Federal Motor Carriers Safety Administration, a national agency, requires trucks to maintain insurance up to $ 750,000 per accident, but this amount has not been adjusted for inflation in 35 years.
Ohio limits the amount you can recover for noneconomic damages to the greater of (a) $ 250,000 or (b) three times your economic damages, which is subject to a maximum of $ 350,000 per person and $ 500,000 per accident.
Of course, it is recommended to carry more than the minimum amount of insurance, in the event that injuries from an accident exceed $ 25,000 per person.
(5) If the insured person was self - employed at the time of the accident and the person incurs losses from self - employment as a result of the accident, the insurer shall add to the amount of the income replacement benefit payable to the person 80 per cent of the losses from self - employment incurred as a result of the accident.
Insurance policies have maximum amounts that the insurance company is required to pay out per accident or per person injured.
Here is what you need to know about Income Replacement Benefits (IRB's): • IRB's are calculated at 70 % of your average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an established formula
Here is what you need to know about NEB's: • You must be at least 16 years of age and a full time student at the time of the accident, or have completed your education the year before the accident and not yet secured employment • NEB's are capped at $ 185 per week • The first 26 weeks of your disability are not covered by NEB's • NEB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely after which point the maximum amount payable increases to $ 320 per week • The same age 65 mark changes apply as in IRB ’s
Maine requires all motorists to carry liability insurance in the amounts of $ 50,000 per person, $ 100,000 per accident, and $ 25,000 in property damage, as well as uninsured motorist insurance and medical payments coverage.
Sudbury has the largest amount of boating accidents per capita in Ontario.
The Claimant was injured in a July 1, 2014 accident and sought attendant care expenses in the amount of $ 1,424.24 per month for the period July 14, 2014 to March 30, 2015.
While the minimum amounts of coverage for a non-rideshare driver are $ 15,000 / $ 30,000 in bodily injury liability per person / per accident, and $ 5,000 for property damage, the insurance requirements for rideshare companies are:
For example, if you bought a policy with $ 50,000 per person bodily injury liability coverage, up to $ 100,000 per accident, then you would buy UM coverage in the same amounts.
The minimum amount required to cover injuries would rise to $ 50,000 per accident, and the minimum coverage for property damage would jump to $ 25,000 per accident.
The amount of Bodily Liability Insurance Coverage may also be different with different insurance carriers and can range between one person per claim coverage to covering everyone injured in an accident.
The second number refers to the bodily injury per accident coverage, which is the maximum amount your insurer will pay for all the injuries you are liable for.
An example of this would be $ 25,000 / $ 50,000 meaning a per person injury limit for the first number and a per accident amount of injury coverage for the second number.
For example, while a given car insurance policy may offer a certain amount of personal injury liability protection per person, it may also have a limit per accident.
Carriers describe uninsured driver protection using two numbers: the first is the maximum amount the insurer will pay for injuries sustained by one person in an accident with an uninsured driver, and the second is the maximum amount the carrier will pay per accident.
If you buy bodily injury liability coverage, the smallest amount you can buy is $ 10,000 per person (up to $ 20,000 per accident).
The amount of coverage available per accident is based on the coverage amount you select in the policy.
Generally $ 100,000 in bodily injury liability ($ 300,000 per accident) and $ 50,000 in property damage liability is considered an appropriate amount for drivers with a home, family and some assets to protect.
The minimum amount that must be purchased is $ 25,000 for one person injured in an accident and $ 50,000 for all persons injured per accident.
Personal injury protection (PIP or MEDEX) pays a per - person benefit amount for injuries you (the insured), and others specified in your policy, sustain in an auto accident.
The set amount of uninsured coverage is $ 25,000 per person and $ 50,000 per accident.
The first number limits the amount of the benefit paid for bodily injury per person in an accident ($ 50,000 in the example), the second number limits the total amount paid per accident for bodily injuries ($ 100,000 in this case), and the final number limits the amount paid for property damage ($ 25,000 in the example).
For example, if you are to blame in an accident that injures two people to the amount of $ 50,000 for one person and $ 75,000 for the other, the bodily injury coverage per person meets one but leaves you with a $ 25,000 bill to make up for the other.
Car insurance liability requirements vary by state, and include a minimum amount for bodily injury costs per person and per accident as well as a minimum for property damage liability.
The policy will pay out a top limit of $ 125,00 per accident, but this is the cap, not the guaranteed amount.
A specified amount of money per day, for up to a specified time from the date of the accident, to reimburse other reasonable and necessary expenses resulting from the auto accident.
The minimum amount for the basic coverage is fifty thousand dollars for bodily injury per person in an accident and a hundred thousand dollars in total for bodily injury in an accident.
The first amount ($ 25,000 in this example) dictates how much coverage you have per person, per accident.
The minimum amount of this insurance that Alaskans must have is $ 50,000 per person in a single accident and $ 100,000 for all parties in a single accident.
Bodily injury liability coverage per person: $ 20,000 Bodily injury liability coverage per accident: $ 40,000 Property damage liability coverage: $ 10,000 Personal injury protection: Amount varies depending on health insurance (see notes) Uninsured / underinsured motorist coverage: Optional
The minimum amount required by law is $ 25,000 per person, $ 50,000 per accident.
The State of Idaho requires that motorists carry 000 per party, per accident, a minimal coverage amount of $ 25 and a total of $ 50, 000 for all parties in one accident.
The minimum amounts are as follows: $ 25,000 per person for bodily injury liability coverage, $ 50,000 per accident, and $ 25,000 of property damage liability coverage.
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