Sentences with phrase «injury liability coverage limit»

Any motor vehicle liability policy that insures both commercial motor vehicles as defined in G.S. 20 - 4.01 (3d) and noncommercial motor vehicles shall provide underinsured motorist coverage in accordance with the provisions of this subsection in an amount equal to the highest limits of bodily injury liability coverage for any one noncommercial motor vehicle insured under the policy, subject to the right of the insured to purchase greater or lesser underinsured motorist bodily injury liability coverage limits as set forth in this subsection.

Need help understanding your state's bodily injury liability coverage limits?

Keep in mind that if you injure someone and their medical expenses exceed your bodily injury liability coverage limits, you may have to pay out of pocket to cover the costs.

That's why it's important to consider bodily injury liability coverage limits that are higher than what your state requires.

Not exact matches

For example, if you have bodily injury and property damage liability coverage, any damage you cause to someone's property is covered by your insurance policy, up to the limits of your policy.

An accident that results in serious injuries or death can easily exceed these coverage limits, so many California financial advisors recommend that you either purchase as much liability coverage as you can comfortably afford, or an umbrella insurance policy.

Connecticut requires that every driver carry minimum liability limits of $ 20,000 per person and $ 40,000 per accident in bodily injury coverage and $ 10,000 property damage coverage.

At the least, you're required by law to buy a 20/40/10 policy: minimum bodily injury liability limits of $ 20,000 per injured person, up to a total of $ 40,000 per accident, and property damage liability coverage of $ 10,000.

If you have only state minimum coverage and you are responsible for a severe injury in a vehicular collision, you will have to pay any costs that exceed the liability coverage limits.

California requires that car insurance policies have at least bodily injury liability and property damage liability coverages of the limits below:

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By law, the minimum coverage and liability limits required in Maryland are bodily injury, personal injury, and uninsured motorist liability.

Coverage includes and is not limited to: bodily injury liability, collision and / or comprehensive coverage, full glass, loan / lease gap, medical payments, non-owned automobile, personal auto plus, personal injury protection, pet medical coverage, physical damage plus and / or liability, rental car, road trouble service as well as underinsured or uninsured motorist liability.

Calculator assumptions are based on a hypothetical married and employed 45 - year - old female with high education, excellent credit, and no lapse in coverage with policy limits of $ 100,000 for injury liability for one person, $ 300,000 for all injuries, a $ 500 deductible on collision and comprehensive coverage, including uninsured motorist coverage, for vehicles from the following list: 2012 Toyota Camry, 2012 Honda CRV, 2012 Honda Civic, 2012 Ford F150, 2012 Toyota Prius.

Policy limits include $ 100,000 for injury liability, $ 300,000 for all injuries, a $ 500 deductible on collision and comprehensive coverage, and uninsured motorist coverage.

Sometimes, insurance companies will provide liability coverage that has a single liability limit to cover bodily injury for individuals and property damage.

If the at - fault driver and vehicle are underinsured (the liability limits are less than the value of the injury victim's total damages), the lawyers at Lee Law Offices will look for other sources of recovery, including the at - fault driver's personal assets and the injury victim's own insurance coverage.

Steven V. Buckman practices in the field of insurance law litigating a variety of first - party and third - party actions including, but not limited to, bad faith, coverage questions, declaratory judgments, products liability, trucking insurance, fire and casualty, wrongful death, and catastrophic injury matters.

firms were advised that their general liability insurance policies (intended to cover bodily injury and property damage scenarios) may offer only a limited amount of coverage for cyber-related exposures.

More generally, home insurance coverage is generally limited to ordinary liability exposures, especially for personal injury claims.

Clients that are hit by a tractor trailer in Georgia and sustained serious injuries would have access to enough liability coverage but if the client was injured in a car accident by a driver with minimum limits, then the Made Whole Doctrine is the only thing standing between the client and the hospital taking everything.

However, if, for example, you are one of several individuals that are injured by an atfault motorist with the minimum $ 200,000 third party liability coverage, it is not very difficult to have all the injury claims exceed the limits and move the case into U.M.P. coverage.

The personal injury lawyer has a duty to request a copy of the rejection of UM coverage or rejection of matching UM and Liability limits.

Specific areas of practice include, but are not limited to: defending professional malpractice lawsuits including medical, dental, veterinary, legal and architectural negligence; personal injury / wrongful death; premises liability; product liability; auto accidents, uninsured / underinsured motorist liability; insurance coverage opinions / litigation; construction defect; school law; discrimination disputes; appellate law; and overall risk management.

Averages for the default result are based on insurance for a married 40 - year - old male who commutes 12 miles to work each day, with policy limits of 100 / 300/100 ($ 100,000 for injury liability for one person, $ 300,000 for all injuries and $ 100,000 for property damage in an accident) and a $ 500 deductible on collision and comprehensive coverage.

All drivers will need to purchase basic coverage to pay for the other driver's losses which includes bodily injury liability limits of $ 25,000 per person up to $ 50,000 per accident as well as property damage liability of $ 10,000.

Analysis used a consistent base profile for the insured driver: a 30 - year - old single male driving a 2013 Honda Accord EX with a good driving history and coverage limits of $ 50,000 bodily injury liability per person / $ 100,000 bodily injury liability per accident / $ 50,000 property damage liability per accident with a $ 500 deductible for comprehensive and collision.

If SUM coverage has been purchased and you have an accident with another vehicle that is insured but has bodily injury liability limits lower than yours, or if such vehicle has no insurance at all, SUM coverage will be activated.

Underinsured motorist bodily injury (UIMBI) coverage will help cover your costs for bodily injury when the other driver's insurance is not sufficient, as long as your UIMBI limit is higher than the at - fault driver's liability limit.

For most categories, NerdWallet averaged rates from the largest insurers for 30 - year - old men and women in 10 ZIP codes and with 100 / 300/50 liability insurance limits, 100/300 uninsured motorist bodily injury coverage limits, and collision and comprehensive coverages each with a $ 1,000 deductible.

Averages rates are based on full coverage insurance for a married 40 - year - old male who commutes 12 miles to work each day, with policy limits of 100 / 300/100 ($ 100,000 for injury liability for one person, $ 300,000 for all injuries and $ 100,000 for property damage in an accident) and a $ 500 deductible on collision and comprehensive coverage.

FAJUA offers medical expense coverage for drivers with personal injury protection, bodily injury liability coverage, and property damage liability or personal injury protection and combined single limits of liability.

Averages are based on insurance for single 40 - year - old male and female driver who commutes 12 miles to work each day, with policy limits of 100 / 300/100 ($ 100,000 for injury liability for one person, $ 300,000 for all injuries and $ 100,000 for property damage in an accident) and a $ 500 deductible on collision and comprehensive coverage.

Maryland's minimum liability limits for bodily injury compare well with other states», but anyone with a house or savings should consider increasing their liability insurance coverage across the board.

Rates are based on full coverage for a single, 40 - year - old male who commutes 12 miles to work each day, with policy limits of 100 / 300/50 ($ 100,000 for injury liability for one person, $ 300,000 for all injuries and $ 50,000 for property damage in an accident) and a $ 500 deductible on collision and comprehensive coverage.

The driver who was found at fault has bodily injury liability coverage with a limit of $ 100,000, so you get a check from that driver's insurer for $ 100,000.

If you have assets that you wish to protect, you should seriously consider purchasing higher limits of bodily injury liability coverage — $ 50,000 / $ 100,000, $ 100,000 / $ 300,000, $ 250,000 / $ 500,000 or even higher.

The bodily injury liability insurance coverage amount is a «Split Limit,» such as $ 100,000 / $ 300,000.

Policy limits for bodily injury liability are per person and per accident and coverage is written as such.

Usually property damage liability coverage will appear as a digit following the bodily injury liability limit.

However, the amount of SUM coverage may not exceed the bodily injury liability limits of your policy.

It pays when the at - fault party has: no liability insurance, or liability coverage with limits not adequate to pay for the damages incurred, or if injuries result from a hit - and - run vehicle.

For example, if you have uninsured / underinsured coverage of $ 300,000 and you sustain $ 400,000 in personal injuries caused by an at - fault driver with $ 200,000 in bodily injury liability, without underinsured conversion coverage you would normally only be able to collect the $ 200,000 from the other driver's insurance plus $ 100,000 from your own underinsured coverage, which equals your $ 300,000 limit.

If you do carry bodily injury liability coverage, but with low limits, you still could be putting yourself at risk financially, since if you cause a serious accident where injury expenses exceed your limits you can be held responsible for the amount above your limits.

Similar to Uninsured Motorist coverage, Underinsured Motorist coverage is designed to cover the gap between the other person's Liability limits and the amount of your injury expenses, up to the Underinsured Motorist limits you select.

Options include varied liability limits, comprehensive coverage, roadside assistance, transportation expense coverage, medical payment and personal injury protection, and value added endorsements for Massachusetts drivers.

You have to have underinsured motorist coverage limits that are HIGHER THAN the limits of the at - fault driver's bodily injury liability coverage, or you may not receive benefits.

If your injury expenses exceed the at - fault party's Liability limits, you can use Underinsured Motorist Bodily Injury coverage to pay for the amount not covered by the at - fault person's insurance.

If bills exceed that limit, the at - fault driver is legally personally responsible unless he or she has bought bodily injury liability coverage.

UM coverage will pay up to your limits — without a deductible — which typically mirror your liability limits (per person and per accident) because UM is basically taking the place of the other driver not having bodily injury liability coverage.