Sentences with phrase «expense of adequate coverage»

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Third, there may be other types of insurance available, such as final expense insurance (that pays funeral and related expenses) that's sometimes less expensive and still provides an adequate amount of coverage.
Because of the many expenses surrounding a house fire, it can be especially difficult to come up with funds for a new car, if you lack adequate coverage.
«You should be careful to have adequate coverage to fully protect your vehicle and other assets so you don't get stuck with out - of - pocket expenses,» says Penny Gusner, consumer analyst for CarInsurance.com.
Even if it does, it may not provide adequate coverage and you may be left with a high deductible, co-insurance and out - of - pocket expenses.
In a situation where you are involved in a car accident, and the driver found to be at fault does not have adequate coverage then you are forced to pay your expenses out of pocket.
Since medical emergencies may arise anytime, a health insurance policy with adequate coverage will take care of your hospitalization expenses and medical bills.
When you're shopping for coverage, it can be confusing with all of the options and additional riders that you can add - on to your plan, but not having adequate coverage could leave you and your family with massive debts and other expenses.
For families concerned about the expense of burying their parents, the sooner this issue is dealt with through adequate burial insurance coverage, the greater the peace of mind will be for both the parents and their children in knowing their funeral expenses will not be a financial burden.
You may want to consider uninsured / underinsured motorist coverage (in the event the other driver in an accident does not have adequate coverage), personal injury protection (to pay for the medical expenses in the event of a serious accident), collision coverage (to pay for the costs to repair or replace your car if you are responsible for the accident) and comprehensive coverage (in the event of an accident caused by an «act of God» such as a theft, vandalism or storm damage).
However, if you do not want to venture out too much while seeking investment options, you can stick to a traditional insurance policy, which will provide you adequate coverage for your minor child's education, medical expenses, coverage in case ofdemise of either of the parents, and also act as a suitable collateral for loans taken for higher education.
In addition to trip cancellation and interruption, the more comprehensive travel insurance plans available today through AIG Travel Guard may also cover emergency medical expenses; emergency medical transportation, when ordered by a doctor, to the nearest adequate medical facility; reimbursement for accommodations and expenses incurred due to travel delays; reimbursement for the purchase of essential items if baggage is delayed; and coverage against lost, stolen or damaged baggage.
After all, if you are ever faced with a car accident and without adequate coverage, you could be looking at several thousands of dollars in out of pocket expenses and several years of debt.
The main beneficiaries of the increased minimum limits passed into law by the Maryland Senate would be the victims of injury auto accidents whose medical expenses exceeded the old liability limits and who did not carry adequate uninsured or underinsured motorist bodily injury coverage.
In spite of the expenses in updating Hudson car insurance policies, adequate coverage is the benefit that comes with it.
The main beneficiaries of the increased minimum limits passed into law by the Maryland Senate would be the victims of injury auto accidents whose medical expenses exceeded the old Maryland liability limits and who did not carry adequate uninsured or underinsured motorist bodily injury coverage.
You may also want to look into underinsured / uninsured coverage which takes care of the expenses if the other driver in the car accident does not have adequate coverage.
However, if you end up causing an accident and you skimped on your car insurance you could end up paying far more in out - of - pocket expenses than if you had just purchased adequate coverage in the first place.
Some optional coverages include mold; inflation guard — which ensures that you maintain adequate coverage limits; scheduled personal property for valuables such as fine art, valuable antiques or jewelry; and ordinance or law coverage, which covers the extra expense of compliance with local building codes that may not have existed when the home was built.
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