Sentences with phrase «limits on one's policy»

The difference in premium when you opt for higher liability coverage can be small, so we recommend choosing higher limits on your policy if you can afford it.

However, the liability limits on these policies tend to be dangerously low.

Each company has different coverage limits on their policy.

This could be as little as 10 % of the personal property limit on the policy, for example.

Your lender may also require you to have certain limits on your policy, so be sure to ask.

The difference in premium when you opt for higher liability coverage can be small, so we recommend choosing higher limits on your policy if you can afford it.

Essentially, an endorsement is an additional coverage for a high - priced category of an item that exceeds the normal limits on your policy.

The claim limits on the policy work like auto or motorcycle insurance and are frequently expressed like this: $ 25,000 / $ 50,000 / $ 10,000.

Limits on policies vary widely and are based on state requirements as well as consumer choice.

The monetary amount that an insurance company will put towards repairing your car will not exceed the monetary limits on your policy or the current market value of the vehicle, whichever comes first.

Because the personal umbrella policy goes into effect after the underlying coverage is exhausted, most insurers will require specific underlying limits on your policies.

Liability insurance covers major costs for accidents, injuries, and property damage you're legally responsible for, up to the specified limits on your policy.

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

The amount is typically based on a percentage of another coverage limit on your policy.

It's generally around a third of the personal property limit on your policy, meaning that you have that much money available for your loss of use and additional living expenses.

The difference in premiums between $ 100,000 and $ 500,000 worth of liability coverage is often very small, so you should strongly consider choosing higher limits on your policy.

Your lender may also require you to have certain limits on your policy, so be sure to ask.

If a driver in Cottage Grove is without the appropriate amount of limits on their policy, they will end up paying for injuries to others and property damage out of their own pocket.

It can also pay for funeral costs, hospital stays, and lost wages when you cause bodily injury to a third party - again, up to the set limits on your policy, and after your deductible has been paid.

Important — Phoenix Safe Harbor Term Life and Phoenix Safe Harbor Term Life Express imposes limits on the policy amount available, depending on your issue age:

Important — Foresters Your Term — No Exam imposes limits on the policy amount available, depending on your issue age:

Unlike a term life insurance policy that has a set time limit on the policy such as 20 or 25 years, a permanent life insurance policy will last throughout the entire lifetime of the policyholder — provided that the premium continues to be paid.

The agreement would stipulate the amount you had to pay every month during the tenancy of the auto insurance policy and the commitment of the insurance company to honor your claim in case of an accident, subject to the maximum limit on the policy.

You can raise the liability limits on all your policies by purchasing an Indiana umbrella insurance policy.

If you are looking to save money on your West Des Moines renters insurance, you have the option of purchasing actual cash value coverage that will pay the current value of your losses, or you can set a lower limit on your policy payout.

If you are involved in a collision with a motorist whose insurance can not render payment for your damages, your uninsured motorist protection will cover the cost of the difference up to the predetermined limits on your policy.

It is limited by the pre-set financial maximum coverage limits on the policy, which are split into three parts to deal with different areas of potential expense.

Just because the personal property limit on your policy is large enough to cover all of your personal property doesn't mean it's all covered.

The premium you pay in most case is very minimal although that rate will depend of course on how much protection you need, and those with higher limits on their policies will of course pay more.

For example, if you total another person's car, the damage could easily exceed a $ 5,000 property damage liability limit on your policy.

Essentially, a floater is an additional coverage for a high - priced category of an item that exceeds the normal limits on your policy.

A per - claim limit is the maximum amount of money that the insurer will pay out in the event of single claim, so for example if you have a $ 5,000 per - claim limit on your policy.

There are many variations and time limits on policies, but I like to think of term insurance as for a specific reason with a defined time line, ensure payoff of mortgage, funding education, debt payoff, budget restrictions, lump sum for a purpose.

It can also pay for funeral costs, hospital stays, and lost wages when you cause bodily injury to a third party - again, up to the set limits on your policy, and after your deductible has been paid.

With the help of a $ 55,000 grant from the National Science Foundation, Kristin O'Donovan, Ph.D., assistant professor of political science in the College of Liberal Arts and Sciences at Wayne State University, will explore the limits on policy learning about disaster mitigation after a community has experienced a disaster.

Your landlord insurance can cover your costs up to the limits on your policy, after your deductible amount is paid.

«Homeowners can quickly find themselves responsible for damages that exceed the limits on their policies, and that's where umbrella insurance can help.»

It's also important to know that, whether it's during a move or not, any property covered by homeowners insurance will only be protected up to the limits on your policy.

If you have $ 30,000 of stuff and a $ 50,000 limit on your policy, you will not get a check for the full policy limit.

HOAIC's home insurance rates become increasingly competitive the higher the limit on the policy that you're looking for is.

Guaranteed Replacement Cost: Provides coverage for any costs in replacing your home in excess of the limits on your policy.

In every case, you'll want the limits on your policy to be high enough to cover the cost of rebuilding your home.

By selecting a limit on your coverage you may reduce your premiums but need to cover any costs over and above the limits on your policy.

The limit on each policy was $ 250,000.

If your home was completely destroyed and you have a $ 300,000 limit on your policy, the Extended Replacement Cost coverage provision of 120 % would pay up to $ 360,000 to cover your rebuilding costs.

By selecting a limit on your coverage you may reduce your premiums but need to cover any costs over and above the limits on your policy.

This practice has been encouraged by the $ 50,000 limit on policies that are not taxed by the IRS at that point.

Guaranteed Replacement Cost: Provides coverage for any costs in replacing your home in excess of the limits on your policy.

In the event that you are involved in an accident, this policy will cover the injury that you caused to the other driver and damage to the other vehicle up to the limits on your policy as well as any additional options you decide to tack on.

When you purchase liability insurance, your court costs, legal fees and any further payment will be covered up to the limit on your policy.