Sentences with phrase «damage liability»

"Damage liability" refers to the legal responsibility or obligation to pay for or compensate for any harm or losses caused to someone or something. It means that if you are liable for damages, you are financially responsible for the costs and consequences resulting from any damage you have caused. Full definition
In many states drivers are required to purchase a minimal amount of Property Damage Liability coverage of $ 5000.
$ 25,000 of property damage liability coverage for damage to other people's vehicles or other property in an accident you cause.
Drivers are required to have no less than $ 25,000 in Property Damage Liability insurance coverage.
Property damage liability covers damage caused by the insured vehicle to someone else's vehicle or property.
The radar - based system with adaptive cruise control is associated with a 13 percent decrease in property damage liability claim frequency and a 27 percent decrease in medical payment claim frequency.
In addition, all motorists are required to carry a property damage liability limit of $ 20,000.
This entails $ 10,000 of property damage liability as well as $ 10,000 of personal injury protection.
Property Damage Liability pays for damage you can cause to another driver's car.
In the example $ 100,000 / $ 300,000 / $ 50,000, the third number indicates that the policy will pay up to $ 50,000 in property damage liability per accident.
Property Damage Liability minimum cover is $ 20,000 which will cover any damage done to private or public property.
Property damage liability helps cover costs, such as repairing a home or retail establishment damaged by a vehicle crash and repairing the vehicles of other drivers involved in the accident.
In this state, a motorist is only required to maintain a physical damage liability policy in the amount of $ 10,000.
The bodily injury and property damage liability portion of the general business liability insurance DE policy generally covers physical injury to a person other than an employee at your place of business.
Another important coverage option is property damage liability which will pay for the costs and repairs of other people's property if you are at fault for the accident.
Property damage liability also covers any «pain and suffering» claims.
Property damage liability protects other people from having to pay for property damage which you caused.
Liability insurance is typically divided into two sections, which are bodily injury liability protection and physical damage liability protection.
The state minimum level of coverage for property damage liability went up from $ 10,000 to $ 25,000 as a result of the auto insurance legislation.
The state mandates that a driver have bodily injury liability and property damage liability before registering his or her car.
Property damage liability provides $ 5,000 for any one accident.
A comprehensive car insurance policy is offered by the insurer that covers own damage liability as well as third - party legal liability.
There may be specific policies out there for pet damage liability.
My car and three other parked vehicles were struck by a vehicle which was only insured for property damage liability up to $ 10,000.
Property damage liability entails you to be accountable for any expenses resulting from damage that you are responsible of.
Property damage liability applies to structures that were damaged in an accident that were not a car.
Property damage liability refers to the replacement and repair of other people's property if you are found liable in an accident.
Property damage liability auto coverage is not exclusive to vehicles, though.
Property damage liability averages around $ 15,000 per accident to cover damages to structures.
And the third number is the property - damage liability maximum for one accident.
Comprehensive car insurance policy protects from unforeseen damage liabilities.
Property damage liability handles construction repair that a building may need if the car accident comes a little too close to the local restaurant.
Property damage liability extends the repair beyond a standard automobile, and allows houses, apartments, businesses and even landscapes to be covered if they are damaged by the car accident.
Property damage liability offers protection to the property of others that is damaged by your vehicle.
Those three parts are all single accidents limits; and they are single victim bodily injury, multiple victim bodily injury, and property damage liability plans.
Each new roommate paid the leaving room mate for their part of the security deposit and assumed damage liability.
In comparison, with property damage liability insurance, you choose a maximum limit, and if you damage someone else's car, your policy will pay up to your limit amount.
In addition, motorists are required to carry property damage liability coverage with a minimum limit of $ 5,000.
Drivers ages 60 - 64 have the lowest rates of property damage liability claims and collision claims per insured vehicle year.
• Property damage liability pays if you are held legally responsible for damaging another person's property while driving.
In the example $ 100,000 / $ 300,000 / $ 50,000, the third number indicates that the policy will pay up to $ 50,000 in property damage liability per accident.
This usually includes property damage liability as well as bodily injury liability and uninsured motorist coverage in some states.
Some companies offer a single limit of $ 35,000 which meets the bodily injury liability and property damage liability minimum requirements.
Remember, collision coverage helps protect your vehicle, while property damage liability helps pay for damage you cause to another driver's vehicle.
Most collision policies will pay whether the accident is your fault or not, though if it is not your fault the other driver's property damage liability policy must pay first.
Just like with bodily injury coverage, property damage liability does not cover your own vehicle or property.
If you cause any damage to another person's property while driving your car, the property damage liability portion of your auto insurance will cover the costs of the damage.
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