As an example a married couple with several children will most likely need more
coverage than a single person with no debt.
Someone with a family of five and three vehicles may want more
coverage than a single person with one older car.
Not exact matches
Small Business Health Care Tax Credit A tax credit is now available if a small business employs fewer
than 25
people and the owner pays at least half of the premiums for
single health insurance
coverage.
Your first option would be to get the basic minimum liability insurance that consists of a $ 15,000 injury / death for one
person, $ 30,000 injury / death for more
than a
single person, and $ 5,000
coverage for property damages.
It excludes every other
person in world for
coverage other
than the
single person named on the policy.
There is no
single correct amount of
coverage, as each
person has different needs
than the next.
But if the family deductible is $ 10,000, a
single family member wouldn't have to spend more
than $ 7,150 before
coverage would kick in for that
person, despite the family deductible not yet being met.
Many
people who have particular auto insurance needs may be better served by going to an independent car insurance agency rather
than a
single company, since these agencies represent several different insurers and can usually get you the best
coverage for your unique situation.
The second level of
coverage applies if more
than one
person makes a claim against you as a result of a
single occurrence.
Job - based plans are required by the Affordable Care Act to be «affordable,» which means that the monthly cost for a
single person's
coverage can not be more
than 9.69 % of their salary.
That is, you must have $ 10,000 worth of
coverage for bodily injury to one
person, $ 20,000 for bodily injury to more
than one
person in a
single accident, and $ 10,000
coverage for property damage.
Drivers must purchase BIL
coverage of no less
than $ 25,000 per
person, per accident and $ 50,000 for all parties in a
single accident.