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.