If the cost of
damage repair exceeds your coverage limit, you have to pay the difference out of pocket.
Not exact matches
For example, special assessment condo insurance might cover cost of
damages from a fire in the lobby if it
exceeds the money your association has available for
repairs.
The body has the ability to
repair normal wear and tear every day to maintain the health of the tissues, but if the wear and tear
exceeds the body's ability to
repair, there will start to be gradual, permanent
damage to tissues,» Moseley said.
The cost of the
damaged exceeded $ 49 million, triggering FEMA's public assistance program that provides reimbursement for municipalities following a disaster, helping pay for debris removal, emergency measures such as road clearance and
repair as well as the rebuilding of
damaged infrastructure.
The official definition of recovery is your ability to
repair tissues
damaged during exercise, rebuild muscles, provide functional restoration of the body such that you prevent injury, rejuvenate emotionally and psychologically, and feel prepared to meet or
exceed performance the next time.
Our organs supply only a small amount of energy for physical movement each day so if you
exceed this limit your body can become overused and eventually
damaged beyond
repair.
Insurance companies write - off a car when the cost of
repair exceeds the value of the car but in some cases the
damage that renders a car a write - off can be safely reparable.
As a result of the mould infestation, the Powells incurred
damages exceeding $ 141,000, including
repair costs and lost rent.
The standard FHA 203 (k) is for more extensive work, particularly structural changes such as adding new rooms, a new roof,
repairing structural
damage or any work
exceeding $ 35,000.
The aggregate liability of the surety or trustee to all persons
damaged by a credit
repair services organization's violation of this Part shall not
exceed the amount of the bond or trust account.
The high cost of medical care, car
repairs, out - of - pocket expenses, lost wages and other
damages may
exceed the at - fault driver's insurance coverage.
You would be responsible for the
damage you cause and the cost to
repair the
damage will most likely
exceed your small deposit.
If the cost of
repair exceeds the worth of your vehicle, your insurer will cut you a check for the
damaged car's cash value, minus your deductible.
Additionally, the cost to pay for
damages from even a minor accident can easily
exceed these limits, leaving you responsible to pay out - of - pocket for
repair and medical bills.
When you drive without sufficient insurance, you run the risk of having to pay for car
repairs listed in your car insurance guide if you are involved in an accident and the
damage exceeds your policy protection.
After
damage that's covered by your policy, Chubb pays to have your home
repaired or rebuilt to original specs and up to modern building codes, even if the cost
exceeds your policy limit.
He'll tell you whether the cost to
repair the
damage exceeds your car's value.
If you have comprehensive insurance, then the cost of
repairing your
damaged vehicle will typically
exceed your deductible.
The insurer reserves its right to
repair reinstate or replace the motor vehicle or any part thereof and / or its accessories or may pay in cash the amount of the loss or
damage and the liability of the Company shall not
exceed the actual value of the parts
damaged plus the reasonable cost of fitting and shall in no case
exceed the insured's estimate of the value of the motor vehicle.
Basis of Claim Settlement - For
damage of insured equipment necessary expenses will be repaid which is required to restore the product in previous form or will pay the market value of the same if
repair cost
exceeds replacement cost.
If the vehicle is found within that waiting period and was
damaged, your insurance company will help pay for the
repair costs if they
exceed your deductible.
When a car is deemed «totaled» it means that your
damaged car isn't repairable or that the cost of
repairs exceeds the value of your vehicle.
If your car has been
damaged and the potential
repair costs
exceed the value of the car, it is considered a total loss.
It also covers you in the event your car is «totaled» — meaning that the cost to
repair the
damage exceeds more than a certain percentage of the vehicles appraised value.
It might also dissuade you from filing minor
damage claims, as the
repair bill is less likely to
exceed your deductible.
Regardless of your deductible amount, it is almost certain the cost to
repair your hail
damaged vehicle will
exceed your deductible.
For example, it can mean the
damage is so extensive it can't be
repaired safely, or that state law requires your car to be declared a total loss based on the extent of the
damage, or
repair costs would
exceed your car's value.
This will take care of the medical bills as well as the cost of
repairing the
damage to your vehicle which may even
exceed the faulty driver's own policy limits.
If you car is
damaged in an accident, this form of coverage will provide a monetary amount towards the cost of your
repairs that will not
exceed the current market value of your vehicle.
Should serious
damage occur to your home, the cost to make quality
repairs often
exceeds the amount of the covered loss, typically the pro-rated amount of coverage minus depreciation.
In fact, experts in the insurance industry usually recommend much higher levels of protection because liability coverage is cheap as far as auto insurance goes and because accident
damages for medical costs and auto or property
repairs can far
exceed the minimums in many cases.
If you get into an accident and the
damage exceeds your minimum coverage, you are responsible for
repairing your car out of your own pocket.
This is when the costs to
repair damage to a vehicle or property
exceed the market value of the insured vehicle or property.
This usually applies to vehicles with significant
damage and where the cost of
repairs exceeds the book value.
However, a claim against you can easily
exceed this limit, costing tens or hundreds of thousands in court ordered
damages,
repairs, medical fees, and your legal defense.
As a result of the mould infestation, the Powells incurred
damages exceeding $ 141,000, including
repair costs and lost rent.