Sentences with phrase «holder is at fault in an accident»

Not exact matches

A liability plan basically sets aside funds for payment to the other driver, passengers or pedestrians who might be involved in an accident for which the covered policy holder was at fault.

The bodily injury portion of your Loveland car insurance is itself split into two halves: one for the first person injured in an accident for which the policy holder is at fault; and another for all other people who may have been injured.

For bodily injury, each policy holder must have at least $ 25,000 in coverage for the first injured party, and $ 50,000 in coverage for injuries to any other passengers injured in an accident for which the policy holder was at fault.

This means that, no matter who is at fault for the accident, the policy holder is likely to receive at least some coverage for medical expenses for their needs as well as for anyone in the vehicle with them at the time of the accident.

However in Canada, America and Australia the policy holder (and any passengers affected by an accident») who obtains no fault insurance is not only entitled to be reimbursed by the insurance company irrespective of who is at fault, but is also limited in their means of pursuing additional damages through the civil justice system for losses that are caused by 3rd parties.

The first bodily injury number is the minimum amount of coverage a Texas driver can have insuring against the injury of one person involved in an accident for which the policy holder is at fault.

The way it protects the policy holder is by shielding them from personal financial liability when they are determined to be at fault in a car accident.

Uninsured motorist coverage protects the insured policy holder from having to personally take on expenses that should have been paid for by the other driver in an accident for which the other driver is at fault.

The No - fault system means that, as a policy holder who is involved in an accident, no matter if you are confirmed to be at fault or not, the insurance company will be paying for any damages as stated in your claim.

In a similar way, underinsured motorist bodily injury coverage protects the policy holder if the other driver in the accident is at fault and is insured, but at levels insufficient to meet all medical and other related expenseIn a similar way, underinsured motorist bodily injury coverage protects the policy holder if the other driver in the accident is at fault and is insured, but at levels insufficient to meet all medical and other related expensein the accident is at fault and is insured, but at levels insufficient to meet all medical and other related expenses.

Auto liability coverage protects the policy holder from personal financial responsibility for the expenses sustained by the other driver and passengers in an accident for which the policy holder is at fault.

It also provides the medical bill coverage for the other party involved in the accident if the policy holder is at fault.

Note that BIL doesn't cover the insurance policy holder — it only covers other parties in the accident and only if you were at fault.