Sentences with phrase «likely costs of an accident»

It should increase the federal liability limit to take into account the likely costs of an accident.

Not exact matches

Most likely, traditional pet insurance will help when it comes to pet vaccinations or big accidents, but leave it to you to spend most of your money on annual visits, medications, and preventative care costs.
And just as the atomic bomb indiscriminately killed tens of thousands of civilians, this nuclear reactor accident, albeit on a smaller scale, will be responsible for indiscriminate suffering and lives cut short; the consequences are likely to play out over the next several decades due to radiation pollution and the resulting economic costs
In turn, the cost of managing these injuries is likely to be higher than automobile accident injuries, which can influence the way insurance companies behave toward claims.
By hiring an accident lawyer (for no out - of - pocket cost, by the way), you can most - likely receive medical treatment under a Letter of Protection.
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.
Every at - fault (or partially at - fault) accident or traffic ticket conviction will likely increase the cost of your premiums.
Potential employees with violations, accidents or points on their personal VT driving records, for instance, are more likely to cost them expenses by way of medical bills or repair costs.
If you're at fault in an accident, the cost of medical bills and / or possible lawsuits is likely to exceed the coverage levels mandated by law.
The upside of these low amounts is that they make auto insurance coverage quite affordable for most people; the downside is that in today's world of high medical costs and high property values, an at - fault accident with these tiny coverage amounts would likely cost the driver significant amounts of money.
Insurance companies consider a bunch of different factors, but they're really trying to answer two key questions: How likely are you to be in an accident and how much will it cost?
Almost every state requires you to buy a minimum amount of auto liability coverage but buying only the minimum amount of liability means you are likely to pay more out - of - pocket for losses incurred after an accident — and those costs may be steep.
Budget car insurance companies offer a variety of discounts to drivers who seem less likely to get into accidents (and therefore less likely to cost the insurance company more money).
Although this may appeal to your budget now, it likely won't cover the full cost of getting into a car accident with a BMW.
If you're in an accident and don't have adequate coverage, the cost of repairing your vehicle will likely be more than what you would have paid to renew your insurance policy.
People who have violations on their driving record will likely face higher premium costs since you have a history of accidents, have unpaid traffic tickets, or have filed an insurance claim in the past.
A number of different risk factors go into determining how much you will need to pay for auto insurance.Gender, age, occupation, driving record, type of vehicle, and where you live are just some of the factors considered when obtaining auto insurance quotes.Based on past accident and theft statistics, insurance companies use these factors to determine the probability that you will file a claim.For example, if you have a clean driving record with no speeding tickets, insurance companies feel like you are less likely to have an accident.Therefore, your auto insurance quote will be lower than someone who has one or more speeding tickets.In the same turn, it costs more to insure types of vehicles that are prone to accidents and theft.
Since Florida state represents one of the top 10 states for traffic accidents, and has a higher than average number of uninsured drivers, Sarasota families are not likely to get the nation's lowest cost auto premiums.
In a serious accident where your leased vehicle is judged unrepairable and is considered a «total loss», insurance companies are often likely to be stuck for the vehicle's actual cash value, rather than for the cost of repairing the vehicle.
Expensive cars, those more likely to be stolen, and those that are less safe in the case of an accident will all cost you more to insure.
This is an onerous responsibility, as statistics show that teens are three times more likely to have an accident than older drivers and they account for nearly 30 percent of the total costs of vehicle related injuries.
However, the costs of a single accident are likely to exceed annual premiums.
A split limit plan will cost less because it has separate deductibles for bodily injury and property damage and because it is less likely that all of the available coverage would be used in a typical accident.
If Person 1's medical bills total $ 40,000, Person 2's cost $ 30,000 and Person 3's cost $ 25,000, you're likely covered, as each person's bills were under $ 50,000 (your bodily injury limit per person), and the total cost of injuries is $ 95,000, which is lower than your $ 100,000 bodily injury limit for a single accident.
Depending upon the severity of your physical and emotional injuries and property damage, most likely the financial and other costs of your accident will need to be handled through an attorney.
Your Montgomery insurance agent will likely recommend you increase your coverage to $ 100,000 for each person and $ 300,000 per accident, and with below average insurance costs, Alabamans have a little more wiggle room than about half of their fellow Americans to do so.
Thus, personal driving history points, violations or car accidents can help them rule out unsafe drivers who are more likely to cost them significant amounts of money in medical bills, lawsuits and repair costs.
The second thing they look at is your relative risk; the more likely the insurance company is to pay out large sums of money for your policy, the more your rates will be (this is why drivers who have never been in an accident and homes in low - crime areas cost less to insure).
The first reason why you should always be covered is because if you are driving without comprehensive insurance and are involved in an auto accident, you will likely go into debt from the high costs of repairs.
If you are struck with any type of disaster, accident or emergency, you will most likely be unable to afford the extra costs without relying on your family or senior citizen relatives for a loan.
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