Sometimes a claim is brought against such a driver to obtain personal assets, but usually, the underinsured claim is made against your
own automobile insurance policy.
Without this coverage, a person holding a
regular automobile insurance policy may not receive payments if they are involved in an accident where the other party is at fault and uninsured.
Conventional automobile insurance policies generally require the consumer to select one deductible for comprehensive coverage, and a separate deductible for collision coverage, although they may be the same deductible amount.
There are other optional endorsements many Keystone drivers choose to add on to their
Keystone automobile insurance policies, but no other coverage that is legally required in any circumstance.
The authorities has decided that all drivers must have
automobile insurance policy in several different areas to be considered legitimately permitted to drive.
Another top discount offered with
many automobile insurance policies is a safe driver bonus that is offered to those automobile drivers who go a certain time without filing any claims in their policies.
Provisions are often included in
automobile insurance policies which say that this type of coverage will not provide compensation for damage resulting from an accident which is considered the fault of an unlicensed driver.
Many insurance companies are advertising this type of
automobile insurance policy as a great way to not get caught in the financial pinch of having your automobile insurance premiums increase over your first accident, or your first accident in a long time.
In California, a standard
automobile insurance policy includes liability, comprehensive and collision (physical damage) coverage, uninsured and underinsured motorist coverage, medical payments, and rental car reimbursement coverage.
If you are a passenger in a car accident you will be entitled to claim Statutory Accident Benefits to cover the costs of medical and rehabilitation treatment, income replacement and other benefits that are provided under the standard
Ontario Automobile Insurance policy.
Phrases with «automobile insurance policy»