Sentences with phrase «liability cost of an accident»

Consider that the average liability cost of an accident that involves serious injuries is $ 68,000 per injured person and the average liability cost for a fatal collision is currently $ 3.2 million.
Consider that the average liability cost of an accident that involves serious injuries is $ 68,000 per injured person and the average liability cost for a fatal collision is currently $ 3.2 million.

Not exact matches

The overall cost of an accident can exceed the liability limits on a driver's policy.
If as the report says the NHSLA is correct that it now has # 16.8 billion of liabilities of legal action against it, then the NHS would be wise because of this cost to consider investing in ensuring that mistakes and accidents are reduced to the irreducible minimum.
Accidents happen on a daily basis, and liability coverage on your Santa Clarita Renters Insurance protects you against the cost of those aAccidents happen on a daily basis, and liability coverage on your Santa Clarita Renters Insurance protects you against the cost of those accidentsaccidents.
However, the total costs associated with a fatal accident, including liability claims, can amount to millions of dollars.
As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.
Liability insurance pays for costs related to injuries or property damage of other parties in an accident which you're considered responsible for.
This type of extra liability insurance is the best way for those who own a lot in assets to protect their finances from the costs of a catastrophic accident or excessive legal defense fees.
Liability coverage is the part of a home insurance policy that may pay court costs or other expenses if you're found responsible for an accident, such as someone drowning or suffering a serious injury after doing a cannonball into the shallow end of your pool.
The overall cost of an accident can exceed the liability limits on a driver's policy.
Bodily Injury Liability helps protect you from paying medical costs, loss of income and funeral expenses of other people involved in an accident.
Homeowners insurance doesn't really «cover» slip and fall accidents - it will step in to cover the cost of a legal defense and / or eventual payout should a slip and fall suit, or any liability suit, be brought against you.
Boat liability coverage, to help with the cost of bodily injury and property damage claims, if you cause an accident on the water
This type of coverage helps you pay for medical costs for yourself, while bodily injury liability coverage helps pay for medical costs of other people injured in an accident you caused.
And many states require some liability coverage to be built into the cost of the rental itself, but this is usually a small amount that wouldn't be enough to cover a major accident.
It should increase the federal liability limit to take into account the likely costs of an accident.
In my view, it would not be appropriate, as a matter of course, for a joint tortfeasor found to be minimally responsible for an accident to be ordered to pay costs strictly in accordance with its liability to pay the damages.
For example, in the event of an accident, «a company's liability is limited to $ 1.3 billion and a major spill could easily cost 10 times this amount.»
We will assess the liability issues of the car accident, likely medical treatments and costs expected, refer you to experts who will properly assess you and provide reports that enable judges and mediators to reach the highest fair settlement.
Claimant injury lawyers will need to get to grips with a new fixed costs regime for employers» and public liability cases and road traffic accident claims worth up to # 25,000, as of the end of this month.
Liability insurance pays for costs related to injuries or property damage of other parties in an accident which you're considered responsible for.
Property damage liability is usually set around a minimum of $ 20,000 per accident and is designed to cover the repair and / or replacement cost of a structure damaged in a car accident.
This type of coverage helps you pay for medical costs for yourself, while bodily injury liability coverage helps pay for medical costs of other people injured in an accident you caused.
This form of liability covers medical costs and loss of wages for the driver and / or occupants of the other vehicle involved in the accident.
Personal injury liability insurance exists to cover the costs of injuring other people in vehicular accidents.
Full coverage includes collision, comprehensive coverage and personal injury protection on top of the liability coverage and will pay for any on and off road damage to your car as well as any medical related costs regardless of who is found at fault for the accident.
Personal injury protection is a form of liability that will cover your medical costs and loss of wages that are a result of being involved in a car accident.
«Bodily injury liability» coverage helps pay for bodily injury damages, such as medical costs, loss of income, and funeral expenses of other people that result from an accident you caused.
Property damage liability will cover the costs if property other than a vehicle is damaged as a result of an accident.
Bodily injury liability coverage helps pay the costs of injury claims if you are at fault for an accident where others were harmed.
Property damage liability helps cover costs, such as repairing a home or retail establishment damaged by a vehicle crash and repairing the vehicles of other drivers involved in the accident.
If you are responsible for an accident in which people become injured and require medical attention, the personal injury liability aspect of your car insurance policy will be used to cover the costs.
Property liability auto insurance helps cover the financial costs you may incur if you get into an auto accident and are found responsible for the damage of someone else's property.
Liability insurance specifically covers the costs incurred by other people injured or suffering a loss of property in an accident the insured driver causes.
Bodily injury liability covers medical costs and loss of wages and property damage covers costs related to damage done to houses or other buildings during a car accident.
Liability insurance can help cover the cost of medical bills and court costs if you're sued by a third party because of the accident.
Bodily injury liability covers the medical costs and loss of wages that are a result of the car accident.
Their liability policies include bodily injury liability coverage, which covers medical costs in the event of an injury resulting from an accident as well as coverage in the event of injuries caused to others.
Liability protects you from the high costs of third - party property damage or bodily injury after an accident you cause.
If you're involved in an accident without car insurance, you're looking at high out - of - pocket costs, injury liability — even serious legal issues.
Snowmobile liability insurance is designed to help cover some or all of these costs after an accident, including the cost of legal defense.
Mind also that history of past accidents, malpractice or other faults greatly increases the cost of Liability Insurance.
If she drives your car anyway and has an accident, you'll have to deal with costs of repairs and liability out of pocket.
Motor vehicle insurance protects you from potentially huge costs in the event of an accident, so it's vital to have a policy that can take care of the potential liabilities and claims.
The liability for my cat accident was put at 70/30 my fault and now the other driver is trying to arrange payments from me to pay for the depreciation of his car and the cost of a rental.
If you're in an accident and have resulting injuries, your medical costs may be much higher than the amount of your liability insurance.
A third party legal liability cover which includes legal protection from death or injury claims from third parties due to damages causing a permanent injury or death of a person and damage caused to the surrounding property including occupants of the vehicle, cost and expenses incurred without the prior consent of the company and personal accident benefits for the proposer, paid driver and the occupants of the two - wheeler.
Bodily Injury Liability insurance covers you against the injury treatment costs of other parties when you cause an accident.
A good commercial auto insurance package will take all of these factors into consideration to offer you an effective liability policy that covers your business against costs and lawsuits stemming from accidents.
a b c d e f g h i j k l m n o p q r s t u v w x y z