Sentences with phrase «liability limits»

Insurance policies were structured to include mandatory minimum liability limits of $ 25,000 per person and $ 50,000 per accident for bodily injury, and $ 25,000 for physical damage.

The new budget legislation also contained provisions for higher minimum liability limits on state car insurance policies, which pay for property damage and other liability when the policy holder is at fault.

The coverage necessary to satisfy the law is not adequate, so most drivers will elect to carry much higher liability limits for better protection.

Insurance policies were structured to include mandatory minimum liability limits of $ 25,000 per person and $ 50,000 per accident for bodily injury, and $ 25,000 for physical damage.

At the time, the insurance liability limit for each occurrence was $ 500,000, and the total claims reportedly exceeded that limit.

There are other advantages aside from the increased liability limits offered by car insurance for business use.

Your bodily injury liability limit per person is $ 50,000 and your bodily injury limit per accident is $ 100,000.

You and your family need high liability limits in your auto policy.

For instance, you could reach your auto insurance liability limit of $ 250,000 quickly as a result of an accident or collision.

Choosing lower liability coverage limits may leave you seriously at risk financially, since medical bills and lost wages can quickly exceed low liability limits.

Many drivers choose to operate their vehicles with the minimum liability limits required by law.

In addition, all motorists are required to carry a property damage liability limit of $ 20,000.

You may need additional coverages or increased liability limits as a result.

The term full coverage is also used to refer to liability limits beyond the state minimum liability insurance required to drive legally.

Let's say your homeowners insurance has a personal liability limit of $ 300,000.

When liability limits of one insured vehicle can not be transferred to another vehicle that is under the same policy.

Typically, your homeowner's policy provides liability limits up to a certain amount, usually ranging from $ 100,000 to $ 500,000.

Many options exist for policy liability limits and property coverage to protect your home.

Your member agent will ensure your policy meets the minimum liability limits set by the state, and ensure that you are protected with more comprehensive coverage if necessary.

It essentially becomes a safety net, providing you with extended liability limits.

Often drivers that carry low auto insurance liability limits do not have many assets to protect.

You also must carry homeowner liability limits of $ 300,000.

The commercial umbrella insurance offered by the company helps clients protect their assets by providing liability limits above and beyond their other policies.

If you have other assets in addition to your home, it is wise to choose liability limits that will protect those assets.

In certain states, we offer liability limits up to $ 2 million to satisfy the contractual requirements of some employers.

Ask for different liability limits when you ask for quotes.

If you're in school to become a doctor or a lawyer, the basic liability limits on your renters insurance and auto insurance just aren't enough.

Before you start conducting an umbrella insurance comparison, look at the policies you already own and the current liability limits on those policies.

One of the immediately obvious advantages is the much higher liability limits available.

They even let your property manager know that you have purchased a renters policy with adequate liability limits.

In order to be eligible for an umbrella policy, insurance companies may require you to purchase and maintain certain minimum underlying liability limits on your primary policies.

The state - mandated liability limits can be much too low to cover the costs of a court settlement or your legal defense.

Only after your other liability limits have been exhausted will your umbrella policy begin to pay for the damage or injury you caused.

Simply put, an umbrella policy can go beyond existing liability limits on your home and auto policies, as well as any rental properties that you may own.

Standard insurance policies have maximum liability limits, which can quickly be absorbed by a major court case.

Increasing coverage from the state minimum to higher liability limits costs $ 125 a year or about $ 10 a month.

Our agents will take a look at the policies you do have and recommend liability limits on top of the existing limits on your home and auto insurance policies.

Even though your underlying policies (like auto, homeowners, or pleasure craft insurance) may provide substantial liability limits, it may not be enough.

Liability limits from $ 500,000 to $ 5 million are available.

That means that any renters insurance policy with an appropriate liability limit will meet the requirements of your property manager.

You could also have a single liability limit like 300, for example.

Evaluate the specific liability limits for items in your home for the various categories of items you previously created.

If you were found liable for an accident, would your current liability limits cover the judgment against you, or could your assets be at risk?

Liability limits generally start at about $ 100,000, however, it's a good idea to discuss whether you should purchase a higher level of protection with your insurance professional.

I'd absolutely keep high liability limits because with the property coverage worst case you lose that property but with a liability issue the worst case is you lose everything you have.

Furthermore, your insurer may require you to buy auto or home liability limits at a minimum amount.

You may also want to consider an umbrella policy, which provides additional liability limits over and above those provided by your homeowners and auto policies.