Sentences with phrase «of damage out of pocket»

In 2014, 119 natural disasters struck the U.S. Only 61 % of the losses were covered, leaving businesses to pay for $ 9.7 billion worth of damage out of pocket.

When you make a claim on comprehensive insurance, however, there is usually a deductible, meaning you have to pay for some of the damage out of pocket (broken windshields are often an exception).

This way, you won't have to pay for all of your damages out of your pocket.

Those who damage more expensive vehicles, for instance, may not have enough coverage and could end up having to pay some of the damages out of pocket.

Not exact matches

In order to save on homeowners insurance premiums, purchasers can raise their deductibles — the amount of money they'll need to pay out of pocket toward damages before the insurance company will cover the damage.

The broader impacts of congestion?from higher business costs to environmental damage to wealth redistribution between regions?do not come out of drivers» pockets.

Its either that or he pulls the old «its just a marketing thing where Im endangering children and setting public neuroscience awareness back decades in order to make a couple million extra dollars out of the pockets of suckers» defense, and I just do nt see how a humble classy guy like Wilson would ever cheapen his name by lending it to a bottle of snake oil that could wind up giving its purchasers real - world neurological damage if they were to use it in a manner consistent with what Wilson tells them.

Further, in any such dispute, under no circumstances will participant be permitted to obtain awards for, and hereby waives all rights to claim punitive, incidental, or consequential damages, including reasonable attorneys» fees, other than participant's actual out - of - pocket expenses (i.e. costs associated with entering this Giveaway), and participant further waives all rights to have damages multiplied or increased.

You'll pay lower premiums by increasing the amount you're willing to pay out - of - pocket if the car is damaged.

«The damage here is much more severe than the out of pocket expenses»

Moreover, certain insurance companies may not process your claim of driving on waterlogged roads, and you will have to end up paying for the very expensive damages out of your pocket.

Other dealers were only willing to pay my remaining lease payments, which would have left me with a Lease Term fee, damage and mileage overage to pay out of pocket.

Can you afford to pay for that damage out of pocket?

If someone perceives that you've hurt them or caused them property damage, you'll be able to pay that claim with your Toms River renters insurance, rather than out - of - pocket.

While these limits represent the least amount of insurance coverage you can have, you should consider adding more, as damages above these limits could require that you pay out - of - pocket.

That would leave you out of pocket for the damages.

Another key change is that if you're at fault for an accident, and pay for damages under $ 2,000 out of pocket as the at - fault driver, then the insurer can no longer use that accident to increase your premiums.

If you can't use your home at The Gallery Apartments in Clemson because there's been a fire, a broken pipe, or even smoke damage from a neighbor's fire, or another loss covered by the policy, you'll be able to get a hotel in the interim and you can file a claim to pay for it instead of having that money come out of your pocket.

This means that if you negligently cause property damage, your renters insurance liability can cover those damages so that you don't have to do it out of pocket.

The Department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originator.

For example, if you file a claim for $ 2,500 in damages and you have a $ 500 deductible, you pay $ 500 out of pocket.

If your car is damaged in an accident and you only have liability coverage, you will have to pay out - of - pocket for car repairs.

Both situations involve property damage through your negligence, and neither is one that you want to cover out of your own pocket.

Loss of use coverage protects you from having to spend out - of - pocket if a covered loss like a fire (or a neighbor's fire, remember that smoke damage is covered, too) means you can't use the apartment.

If you find yourself in a particularly expensive accident, your basic coverage may not be enough to pay for the damages entirely, and you will incur out of pocket expenses.

That means if you have $ 500 in damage and a $ 1,000 deductible, you're paying for everything out of pocket.

If the cost of the claim is beyond the limits of your policy, you will be responsible for paying any costs out of pocket for the other party's injuries or damages.

If the 80 percent rule is not met and your home is damaged by a covered event, you may have to pay for a portion of your loss out of pocket, even if your total coverage exceeds the cost of the loss.

It is essential to keep in mind when purchasing a minimum limits policy that if you cause damage above your policy limits, you will pay out of your pocket.

Basically, if you're deductible is very high, it means that you'd be willing to pay for most damage you receive out of your pocket.

When you have the coverage, you know that you won't have to pay for that loss out - of - pocket and that you'll be able to rebuild your life with loss of use coverage to pay for your additional living expenses as well as coverage for the damage you do to others and for your own property.

It gave her an additional $ 1 million in liability coverage, which helped her avoid paying out of pocket for the damages.

If your policy is among these, you may find yourself responsible for excessive out - of - pocket costs if an earthquake seriously damages your property, unless you have supplemented your policies with the extra insurance provided by a suitable earthquake insurance policy.

Drivers who break this law are held liable for injuries or damages they cause, and must pay out of pocket.

RV insurance protects you, as a recreational vehicle owner, from excessive out of pocket costs in the event of a loss or if you are at fault in an accident that causes bodily injury or property damage.

The tenant would have to pay out of pocket for legal fees to defend against the lawsuit, and for any damages they might be ordered to pay, if their coverage was negated.

It helps to protect you so that you don't have to replace your personal property out of your own pocket if it's stolen or damaged by things beyond your control.

Our policies are designed to make sure that you won't have to pay out of pocket for fees relating to property damage or bodily injury.

The thought of damaging the vehicle and having to pay out of pocket races through your mind.

Your home insurance deductible is the amount of money you will pay out of your pocket before your insurance company will start paying towards damages or losses in the event of a claim.

But they do occur, and without watercraft insurance, you could end up paying out of pocket for damages caused by an accident involving your boat or personal watercraft.

If you don't have the coverage you need, then you will have to pay out of pocket for damages.

So if you're in a financial position to consider paying for small damages or losses out - of - pocket, then you should increase your deductible and lower your monthly premiums.

However, if you cause an accident, you may risk having to pay for damage to another boat or someone else's medical expenses out of your own pocket.

For example, you may have a $ 1,000 deductible on your homeowner's insurance policy which means that in the event of a covered claim you would have to pay $ 1,000 out of pocket before the insurance company would begin paying for damages.

Wind and hail insurance policies come with a deductible, which is the amount of money you'd pay out of pocket for damage before the insurer provides coverage.

«Say a party gets out of hand and damage is done, you do not want to be paying for that out - of - pocket.

Liability is there for when you cause damages to someone else that are beyond a de minimis level that you could cover out of pocket.

They would likely have to pay for any related damages to their personal property and the cost of an exterminator out of pocket.

Imagine a fire that takes everything you own.You can't replace all that out of pocket, and you're also responsible for the damage to the building, the damage to other people's» personal property, and many other related expenses if the fire was a result of your negligence.