Sentences with phrase «liability limits cover»

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?
Some serious Connecticut car accidents, however, result in far more damage than these liability limits cover.
While there will be a liability limit in compulsory motor cover, there maybe an option to buy higher liability limit covers

Not exact matches

However, homeowners» policies are limited in coverage and you may need to purchase additional policies such as home - based business insurance to cover other risks, such as general and professional liability.
Not sure if this was covered by another article (my apologies if it was) but I was wondering if you owned your rental properties as an individual or through a limited liability entity.
No matter which situation a dog owner finds his or herself in, their renters insurance personal liability protection will cover the costs up to the limit of their policy.
The Florida Hurricane Catastrophe Fund has reserves enough to easily cover its Hurricane Irma liabilities — as much as $ 300 million in excess of its $ 17 billion statutory liability limit.
No, as an employer, you must not require an employee to sign a consent, release, waiver of liability, or indemnification agreement with respect to any part of the drug or alcohol testing process covered by this part (including, but not limited to, collections, laboratory testing, MRO and SAP services).
After all, the existing tort - liability system is flexible enough to cover autonomous cars, and accident victims are extremely likely to go after automakers with deep pockets for product liability suits rather than individuals with auto insurance policies with lower limits.
This consent order concerns inaccurate information provided by United Air Lines, Inc., (United) to consumers regarding its liability limit for lost, damaged, or delayed baggage on flights covered by the Montreal Convention (Convention) in violation of 49 U.S.C. § 41712.
No matter which situation a dog owner finds his or herself in, their renters insurance personal liability protection will cover the costs up to the limit of their policy.
Renters insurance might very well be able to cover the liability, but if it exceeds the policy limits, then what do you do?
«We insure, up to the limit of liability... for this coverage for direct physical loss not caused by the negligence of an insured, to property covered under Section I caused by water or water - borne material, which... backs up through sewers or drains...»
This means that if someone sues you for liability and the liability amount exceeds your insurance coverage, your umbrella insurance policy will cover the remaining costs, up to your much higher policy limit.
If the injury is larger than the medical payments to others limit on your renters insurance at Observer Park would cover, then it's time to look to liability.
When you purchase car insurance, you'll need a policy that meets your state's minimum liability limits to cover damage to other people or other property in the event of an accident.
In addition to covering the compensation owed to injured third parties, your liability coverage can also cover any related legal defense fees and court costs up to the limit of your coverage amount.
Most homeowners insurance policies also cover temporary living expenses incurred as a result of a covered loss as well as a limited amount of personal liability coverage.
It's a kind of liability insurance that goes above and beyond the liability limits of your homeowner's policy, covering you against lawsuits for bodily injury or property damage that you or household family members cause to other people.
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.
If it's revealed that the cause of the fire is the responsibility of a resident, their Fort Worth renters insurance would cover liability for that fire up to the policy limit.
You can increase the limit of your personal liability coverage or purchase a separate umbrella policy, which would cover the cost of any liability claim surpassing the limit of that portion of your policy.
In the example above, an umbrella policy would kick in after you reach your liability limits, covering the remaining $ 45,000 you owe.
An insurance policy that helps cover a person for liabilities that either may exceed the limits on the residential or vehicle insurance policy or may cover risks not covered by the underlying policy.
From auto accidents to injuries that occur on your property, if your liability limits aren't high enough to cover the damages, your assets would be at risk and the results could be financially devastating.
If the claim is proven, or liability is accepted, your apartment insurance covers the cost of the claim up to the policy limit.
You also have defense costs against liability claims covered, at the insurance company's expense and without being subject to those policy limits.
You may be able to increase your liability limits or purchase an umbrella insurance policy to cover you in case a major accident threatens your bottom line.
For example, if your neighbor's child falls out of a tree in your yard and breaks his arm, liability insurance will cover his medical costs, up to the policy limit.
Whereas your homeowner's policy would cover the costs of medical expenses, property damage and legal claims up to your homeowners liability limits (such as $ 100,000, $ 300,000 or $ 500,000), your umbrella policy would provide protection up to $ 1 million dollars or more.
If the injured party decides to sue, you will be covered up to the liability limits of your policy so, as always, make sure you have adequate coverage to protect your assets.
Progressive's Personal Umbrella insurance covers you and your family by paying claims that exceed the liability limits of your existing auto or homeowners policy.
To get a renters insurance quote, a potential policyholder will need to choose a claim limit for personal liability protection, which covers damages and fees associated with bodily injury and property damage lawsuits.
If you drive a vehicle valued at $ 50,000, for example, and you are hit by a driver whose insurance provides coverage up to $ 25,000 in damages, your uninsured or underinsured motorist coverage would cover the difference, up to the limits of liability in your policy.
Minnesota renters insurance covers both the defense costs as well as the costs of the loss, up to the limit of liability on the policy.
We insure, up to the limit of liability shown in the Declarations for this coverage, for direct physical loss, not caused by the negligence of an «insured», to property covered under Section I caused by water, or water - borne material, which:
This policy can also cover liability protection for auto accidents with the minimum underlying auto limits.
In addition to covering the compensation you may end up owing to injured third parties, your liability coverage can also cover any related court costs and legal defense fees up to the limit of your purchased liability coverage.
Professional liability insurance covers the cost of legal defense and any judgments or settlements up to the policy limits.
Personal umbrella policies are generally available for people to protect wealth above their liability coverage limits, but they're also a way for non-car-owners to be covered for vehicle liability.
Sometimes, insurance companies will provide liability coverage that has a single liability limit to cover bodily injury for individuals and property damage.
Typically, if the pet owner is also a homeowner, then their homeowner's liability insurance may cover up to the amount of their insurance limit.
Just accepting the Collision Damage Waiver will limit your liability to 2500 EUR ($ 2,800 USD), although you can choose to purchase more extensive insurance packages that cover common damages the car may incur during your travels.
A basic limit of at least $ 500,000, along with an umbrella - liability limit of $ 1 million or more, should cover most claims, depending on the size of your business.
«Current legislation and practice in France does not require the owner or op - erators of nuclear power plants to cover the entire risk of severe accident, but limits their liability.
If a law firm in Portugal is a Limited Liability Company then the minimum level of Professional Indemnity Insurance is different and must cover 50 % of the previous year's turnover with a minimum of $ 50,000 and a maximum of $ 5 million
One of the things, if I may, to just stay on the [inaudible 00:40:04] that I didn't cover that I think is extremely important when we talk about what type of limit or how high of a limit do you need is the fact that typically, lawyers» professional liability insurance limits are written so you have a per claim limit.
Underinsured motorist coverage helps cover the policyholder's costs when the at - fault driver's insurance is not sufficient, as long as the policyholder's insurance limit is higher than the at - fault driver's liability limit.
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.
Faith Julian is an independent self - employed barrister registered with the Bar Standards Board of England; whose practice is governed by the Code of Conduct of the Bar of England and Wales which code can be found at www.barstandardsboard.org.uk; has full professional liability insurance provided by the Bar Mutual Indemnity Fund Limited (ref BM 2930/070)(details of the world - wide cover are provided at www.barmutual.co.uk); is registered for VAT (reg.
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