Sentences with phrase «liability insurer pays»

Capital's general liability insurer pays the claim because Capital's policy includes coverage for products - completed operations.

Not exact matches

In other words, one year of premium from our most expensive insurer was enough to pay two years» worth of most basic vehicle liability protection from other companies.
The simplest way is through a single premium immediate annuity (SPIA), whereby a risk holder pays a premium to an insurer and passes both asset and liability risk.
Your liability coverage on renters insurance in Annapolis will not only pay those damages up to the policy limit, but will also negotiate on your behalf with the other insurer and even provide a defense if you're sued for it.
The second number — the $ 300,000 — refers to the maximum amount your insurer will pay in bodily injury liability insurance per accident.
Some policies include a third number that refers to the maximum amount the insurer will pay for property damage liability.
Your insurer pays the maximum out under your standard policy for $ 15,000 in bodily injury liability for the driver, $ 10,000 for the passenger's medical expenses, and $ 5,000 under the property damage portion of your policy.
The first number — the $ 100,000 in this example — refers to the maximum amount your insurer will pay in bodily injury liability insurance per person.
Liability insurance does not have a deductable that you must meet before your insurer begins to pay losses.
More correctly, your renters insurance liability coverage is going to reimburse their health insurer for what was paid out to the hospital, because the illness was your fault.
Property Damage (liability): When the insured party is found to be at fault, the insurer will be obliged to pay property damage;
If you are offered a fair settlement that is within your property or auto insurance policy's limits, your insurer may be obligated to pay the settlement amount to protect you against further liability.
(4) If a person who would be entitled to benefits under this Regulation in the absence of subsection (1) elects to bring an action referred to in section 30 of the Workplace Safety and Insurance Act, 1997 and there is a dispute concerning the insurer's liability to pay an expense for a vocational rehabilitation program the person was attending at the time of the election and continues to attend, the insurer shall pay the expense pending resolution of the dispute.
10.4 governing the procedure for determining who is liable to pay statutory accident benefits under section 268, including requiring insurers to resolve disputes about liability through an arbitration process established by the regulations and requiring the interim payment of benefits pending the determination of liability;
Insurance (professional indemnity)-- Liability of insurer to pay defence costs — Coverage dispute resolved by arbitrator in favour of insurers — Whether assured required to repay defence costs — Serious irregularity in award on costs — Extension of time for appeal — Arbitration Act 1996, sections 33, 68, 69, 70 and 80.
The issue in dispute relates to the insurer's denial of liability to pay an amount under an invoice on the grounds that,
If an insurer either refuses to defend a claim on behalf of an insured or to pay a claim when liability is obvious, it may be necessary to file a seperage action directly against the insurance company, alleging bad faith insurance practices and attempting to force them to fulfill their duties.
An Ontario plaintiff was held to be able to look to his OPCF 44R insurer to pay his damages in excess of a liability cap in the U.S. state where the accident occurred up to the OPCF 44R limits but not for the plaintiff's U.S. legal fees.
Consequently, future claimants would be expected «to be able to understand and apply the law of negligence, liability, causation and quantum, instruct and pay for a medical expert, quantify their claim, pay a court fee, obtain witness evidence from independent witnesses, negotiate with insurers and ultimately appear in court as their own advocate against a legally experienced opponent».
To the extent that insurance coverage applies, Honda's liability insurer may well be paying for the necessary legal consultation.
They are not paid pursuant to Part 6 of the Regulation, which describes third - party liability insurance coverage; they are paid, rather, by the Disabled Employee's insurer as first - party benefits.
Uninsured motorist coverage requires your own insurer to pay you damages that you would have received from an at - fault driver if he or she had carried the liability insurance that he or she was required to carry by law.
In case your business company has a $ 1 million occurrence cap in the liability policy and is sued for damage of $ 1.5 million, the insurer would pay $ 1 million and your business would be liable for paying the rest $ 500,000.
Most states require property damage liability so that your insurer will pay (up to your limits) if you damage other people's vehicles or property, but states do not require that you carry coverage to pay for damages to your own car.
Most states require property damage liability so that your insurer will pay (up to your limits) if you damage other people's vehicles or property, but states do not mandates that you carry coverage to pay for damages to your own car.
General Liability Insurance policies always list a maximum amount that the insurer will pay during the effective period of the policy and the maximum amount the insurer will pay per occurrence.
Because host liquor liability coverage is automatically included in Bodily Injury and Property Damage Liability Coverage, any damages or settlements the insurer pays for liquor - related claims will reduce the each occurrence and general aggregate limits in thliability coverage is automatically included in Bodily Injury and Property Damage Liability Coverage, any damages or settlements the insurer pays for liquor - related claims will reduce the each occurrence and general aggregate limits in thLiability Coverage, any damages or settlements the insurer pays for liquor - related claims will reduce the each occurrence and general aggregate limits in the policy.
Bodily injury and property damage liability coverage: The insurer agrees to pay damages if you injure someone or his property in an auto accident.
An insurer generally sets a limit of $ 20 million for «legal liability» to pay damages arising from a claim for an accident that results in death, bodily injury, or damage to property of a third party not living with you.
The insurer reserves its right to repair reinstate or replace the motor vehicle or any part thereof and / or its accessories or may pay in cash the amount of the loss or damage and the liability of the Company shall not exceed the actual value of the parts damaged plus the reasonable cost of fitting and shall in no case exceed the insured's estimate of the value of the motor vehicle.
And you have an accident which results in $ 10,000 worth of liabilities, you insurer will only pay $ 5,000 and you will have to make up the outstanding balance yourself.
Because the personal umbrella policy pays out after the underlying coverage is exhausted, most insurers will want you to have about $ 250,000 of liability insurance on your auto policy and $ 300,000 of liability insurance on your homeowners policy before they will sell you an umbrella policy.
Regulated insurers are required to keep offsetting assets to pay off this future liability.
Motor vehicle owners, of the affordable variety, are going to pay lower premiums on their third - party (TP) liability once the Insurance Regulatory and Development Authority of India's (Irdai's) latest proposal translates into revised rates from general insurers.
In the United States, auto insurance limits are the pre-defined limits of the liability responsibility set in financial terms (dollar amounts) that the insurer will pay in the event of a claim.
All UK insurers pay a special rate of corporation tax on the profits from their life book; this is deemed as meeting the lower rate (20 % in 2005 — 06) of liability for policyholders.
Liability coverage in a Mississippi policy ensures that your insurer pays on your behalf to reimburse others, but it does not pay for you (except for your lawyer's fee).
In this case, the dog's owner had liability coverage, and the insurer paid the bills.
Your liability coverage on renters insurance in Annapolis will not only pay those damages up to the policy limit, but will also negotiate on your behalf with the other insurer and even provide a defense if you're sued for it.
Bodily Injury (BI): BI is a type of liability insurance for the injuries you cause in an accident, which means your insurer pays on your behalf to the other party in an accident you are at fault for.
If the insurer determines the cause of the fire was from a collision that was the other driver's fault, you pay no deductible because payment comes from the liability insurance of the other driver.
With a CSL liability policy, you have one limit that is the maximum amount the auto insurer will pay for all liability claims resulting from one accident.
With liability coverage included in your home or student renters insurance, the NC insurer will be responsible to pay for some or all of the financial consequences of this kind of legal action.
In fact, an annual plan from the most expensive insurer could pay for almost four years of liability protection at the cheapest insurer in St. Petersburg.
It's your insurer's liability to pay you the refund, if you have already paid the annual premium.
The average cost of a dog liability claim paid out by home insurers in 2013 was $ 27,862, according to the Insurance Information Institute.
The first number — the $ 100,000 in this example — refers to the maximum amount your insurer will pay in bodily injury liability insurance per person.
Your liability coverage will pay for the other driver's damages, but your insurer may deny your claim for coverage.
The amount your insurer will pay for a covered liability insurance claim is subject to the coverage limits you choose.
If you have a limit of $ 100,000 per accident in liability coverage and you cause an accident and are sued for $ 150,000, you could be responsible for the $ 50,000 your insurer doesn't pay.
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