Comprehensive coverage pays for
damage to the insured vehicle caused by events other than a car accident.
Not exact matches
HLDI analysts looked at how each feature affected claim frequency under property
damage liability (PDL) insurance, which covers
damage to another
vehicle caused by the
insured vehicle, and collision insurance, which covers
damage to the
insured vehicle.
Property
damage liability coverage
insures against physical
damage that at - fault drivers
cause to other people's
vehicles and property in crashes.
Property
damage liability covers
damage caused by the
insured vehicle to someone else's
vehicle or property.
A type of uninsured / underinsured motorist coverage in which policyholders can «stack,» or combine the limits of the uninsured / underinsured motorist coverage they purchase for each of their
insured vehicles to help cover the cost of
damage from an accident
caused by an uninsured or underinsured driver.
In resolving this ambiguity, the Court reviewed the relevant case law and narrowly construed the subject exclusion, finding that the Motorized
Vehicle Exclusion is intended to apply when the insured's negligence giving rise to liability is founded in an act or omission in which the insured exercises «some form of control over» a motorized vehicle and that conduct causes «bodily injury» or «property damage&
Vehicle Exclusion is intended
to apply when the
insured's negligence giving rise
to liability is founded in an act or omission in which the
insured exercises «some form of control over» a motorized
vehicle and that conduct causes «bodily injury» or «property damage&
vehicle and that conduct
causes «bodily injury» or «property
damage».
Paragraph 27 of that decision provided: «It is thus clear that the Community legislature's intention was
to entitle victims of
damage or injury
caused by unidentified or insufficiently
insured vehicles to protection equivalent
to, and as effective as, that available
to persons injured by identified and
insured vehicles.»
Common Exclusions: No coverage for (1) bodily injury / death when you are using your
vehicle to carry persons or property (including magazines, newspapers, food) for compensation or a fee; (2) liability assumed under a contract; (3) bodily injury / death
to an employee; (4) bodily injury / death
caused by an intentional act; (5) property owned by, rented
to, or in the charge of an
insured person; (6) bodily injury / death
to you or relative; (7) bodily injury / death or property
damage resulting from a relative's use of a
vehicle, other than a covered
vehicle, owned by a person who resides with you; or (8) bodily injury or property
damage resulting from your operation or use of a
vehicle owned by you, other than a covered
vehicle.
Commercial Auto - coverage for motor
vehicles owned by a business engaged in commerce that protects the
insured against financial loss because of legal liability for motor
vehicle related injuries, or
damage to the property of others
caused by accidents arising out of the ownership, maintenance, use, or care - custody & control of a motor
vehicle.
This can be explained in part by the Great Heck Rail Crash that cost the insurers over # 22 million in compensation for the fatalities and
damage to property
caused by the actions of the
insured driver of a motor
vehicle that
caused the disaster.
The aforementioned totals of $ 79, $ 81 and $ 92 refer
to the actual portion of an
insured's premiums related
to damage their cars
caused in accident with another
vehicle, explains Hazelbaker, HLDI senior vice president, in Arlington, Va..
That report covers an
insured's
vehicle for
damage it
causes to another
vehicle.
Uninsured / Underinsured Motorist Coverage covers the cost of
damages, repairs, or injuries
caused to the policyholder or passengers in his / her
vehicle in the event of a collision with an uninsured or inadequately
insured driver.
However, if the car is paid off and isn't worth
insuring, you could save a significant amount of money every month by scaling back
to the bare minimum that law requires you
to have, like liability, which will pay for any
damages you
cause to other
vehicles.
Comprehensive coverage — This coverage will
insure you from any form of
damage to your
vehicle not
caused by a collision with another automobile or property, such as fire
damage, theft,
damage from natural
causes and animal collisions.
One very important
to be noted here is that irrespective of any
damage caused to the
vehicle or not, the
insured person should never fail
to inform about the accident
to the insurance company.
Collision coverage
insures you for loss or
damage caused to your automobile when it collides with another
vehicle.
Full reimbursement Penalty coverage imposed by client / customer for the delay in the delivery or
damage of their goods
caused due
to accident
to insured vehicle.
Yashish Dahiya of Policybazaar.com told Business Standard, «The size and capacity of the car / bike is not that important because motor TP insurance is for protecting the
insured against any injury or
damage caused to a third person / party (
vehicle) in an accident.»
In Florida, uninsured motorist coverage, which covers the policy holder against any
damages to his own
vehicle caused by an uninsured or under -
insured drivers, is not required in the state.
A type of uninsured / underinsured motorist coverage in which policyholders can «stack,» or combine the limits of the uninsured / underinsured motorist coverage they purchase for each of their
insured vehicles to help cover the cost of
damage from an accident
caused by an uninsured or underinsured driver.
Liability —
insures injuries
to others and property
damage that is
caused while operating your
vehicle.
For example, if you
cause an accident and smash your
vehicle, and only have PLPD — you are only
insured for the
damages that you
cause to the other party involved in the accident.
Liability — which
insures injuries
to others and property
damage caused while operating your
vehicle.
In case, your
insured vehicle causes any third party
damage or casualties, you first have
to inform your car insurance company and follow their instructions.
This New India Car Insurance plan covers the loss or
damage to the
insured vehicle and its accessories
caused due
to the following reasons which are as under:
It covers
damages and injuries
caused by the
insured vehicle,
to a third - party person or property.
Impact
Damage: Physical damage / loss / destruction caused to the insured property due to impact by any rail, road, vehicle or animal by direct contact which do not belong or ow
Damage: Physical
damage / loss / destruction caused to the insured property due to impact by any rail, road, vehicle or animal by direct contact which do not belong or ow
damage / loss / destruction
caused to the
insured property due
to impact by any rail, road,
vehicle or animal by direct contact which do not belong or owned by
Another optional coverage in most states is uninsured / underinsured motorist, which covers
damages to a rider and their
vehicle caused by someone else who is inadequately
insured.
The company becomes willing
to cover expenses incurred towards «those items or substances of particular use which in the event of loss are either totally consumed or rendered unfit for further consumption» arising out of
damage to the
vehicle insured and / or
to its accessories
caused by any risks as covered under the policy.
The owner of the
vehicle is legally liable for any injury or
damage to life or property
caused by used of the
insured vehicle.
In case third - party property
damage is
caused by the
insured vehicle, a maximum compensation of up
to 7.5 lakh can be filed.
Universal Sompo will arrange a «Spot Survey»
to ascertain the
damage that has been
caused to the
insured vehicle.
The Third party cover kicks in when a person - whose property has suffered
damage and who has sustained injuries in an accident that is
caused by the
insured's
vehicle - has
to be compensated.
Auto liability coverage pays for
damage to another person's
vehicle caused by the
insured or their car.
Auto liability insurance covers the
damage to other
vehicles and injuries
to other people that result from an accident
caused by the
insured individual.
Property
damage liability insurance is a part of typical car insurance that pays for
damages that an
insured driver
causes to other people's
vehicles or property.
Uninsured or underinsured coverage is very essential as it deals with expenses related
to damage to the
vehicle as well as medical expenses incurred following the accident
caused with a
vehicle whose driver is not
insured (uninsured) or is less
insured (underinsured).
Commercial auto coverage
insures against property
damage to vehicles and
damage caused to others by those
vehicles.
The larger
vehicles, due
to their size and weight, are far more likely
to cause significant
damage to vehicles and third parties, so owners should
insure them accordingly.
If you have spent a lot of money on equipment for these entertaining outdoor pastimes, you will want
to be sure that your
vehicles are properly
insured against all sorts of
damages and loss, including those
caused by fire.
Other states requires motor
vehicle insurance policy
to include in their coverage the
insures persons right
to recover
damages from car drivers of uninsured or underinsured
vehicle for bodily injuries, diseases or death
caused to the
insured person.
This motor policy covers third party legal liability along with loss or
damage caused to your
insured vehicle.
Two Wheeler Package Policy provides a complete cover with third - party liability cover plus coverage
to your
insured vehicle against the loss or
damage caused due
to the covered perils.
This motor policy also ensures complete cover against any loss /
damage caused to your
insured vehicle.
It covers the loss or
damage caused to the
insured vehicle an... Read more