Sentences with phrase «liability costs stemming»
Not exact matches
The introduction of no - fault 10 years ago helped SGI to stem the tide of rising claims costs on its basic auto insurance program, which covers vehicle damage, third - party liability and injury, he explains.
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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.
Those higher costs stem from rising medical expenses and increased legal claims and judgments as states and municipalities weigh in with laws on owners» liability for injuries a pet causes, said Heather Paul, a dog bite prevention specialist with State Farm.
Liability coverage can include coverage for medical costs, plus any legal costs that may arise should the policy holder face a lawsuit stemming from the injury.
Liability insurance is insurance that helps costs stemming from auto accidents that you are at fault for.
The first is Bodily Injury Liability insurance, which covers the other party's medical treatment costs from injuries stemming from an accident where you are the «at fault» party.
Auto liability insurance protects covered policy holders from having to directly take on financial costs stemming from at fault car accidents.
Bodily injury liability coverage protects the insured policy holder from direct financial responsibility for the medical costs and other related expenses stemming from injuries sustained by drivers and / or passengers you might have run into in an accident for which you are found liable.
Bodily Injury Liability insurance will cover medical treatment, rehabilitation, lost wages to due to work loss, and any other related costs stemming from the injuries sustained in the accident.
For instance, many states require that drivers have a minimum of $ 10,000 in bodily injury liability coverage, which is the insurance policy that pays out to cover the other driver's injury and medical treatment costs stemming from an accident that you caused.