Sentences with phrase «pays up to its policy limits»

This just means that rather than paying up to the policy limit for certain things like jewelry or cash, there's a lesser limit for that class of property.

That's the «risk retention» that you continue to be responsible, and then from there the policy pays up to the policy limit for your personal property.

If your negligence hurts someone or damages their stuff, the insurance company pays up to the policy limit instead of you paying.

Insurance definitely pays up to its policy limits in an accident if the insured is at fault, but not beyond.

This means that even if their insurance company pays up to the policy limit, the amount is still insufficient to fully compensate the injured victim for damages.

As the name suggests, a Replacement Cost policy will pay up to policy limits the cost necessary to replace property destroyed by a covered loss, with no deduction for depreciation.

Rental car collision coverage with a travel insurance policy gives you broader coverage than your credit card: it pays up to the policy limit (usually $ 25,000 - $ 50,000) if your rental car is lost or damaged as a result of:

If you are sued, those policies will pay up to your policy limits for legal judgments against you, as well as the related attorney's fees.

Liability coverage will pay up to the policy limits for medical injuries and property damage for which the policyholder is liable as a result of an accident.

That's the «risk retention» that you continue to be responsible, and then from there the policy pays up to the policy limit for your personal property.

If the claim is worth settling, or if you're found to be liable for the loss in court, the policy will pay up to the policy limit.

If your negligence hurts someone or damages their stuff, the insurance company pays up to the policy limit instead of you paying.

Not exact matches

It pays any costs to third parties resulting from property damage or bodily injury for which the business is legally liable, up to the policy limits.

However, the policies only pay out up to the pre-agreed coverage limit or the car's actual cash value.

This insurance will pay all sums up to the policy limits which NAYS Officials become legally obligated to pay for claims arising out of bodily injury, property damage, and personal injury as outlined in the policy of insurance.

Standard & Poor's criticized Oyster Bay's lack of long - term financial planning, absence of a formal policy to limit borrowing and pay down debt, unrealistic projections and failure to make budget adjustments when actual revenue and expenses don't add up.

It usually has a small deductible, and then the insurance company pays the rest of the loss up to the policy limit.

It also means that the policy will pay the final amount you're held liable for, up to the policy limit.

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

If a rider with the same limits injured three people, their policy would only pay up to $ 50,000 for the accident no matter the amount each individual injured person claimed.

In the event that settling the claim is the best option, or you are proven to be liable, the policy also pays for the loss up to the policy limit.

If, in fact, you are found to be negligent or the claim is settled, your renters insurance pays those costs up to the policy limits.

The policy could pay up to its limit to make him whole, and could also provide counsel to defend or settle the claim should that become necessary.

The policy also pays those claims up to the policy limit, so they don't have to impact your savings, your family, and your future.

After meeting your deductible (usually $ 500 or $ 1,000), Jersey City, NJ renters insurance kicks in and pays the rest, up to the policy limits, after a loss.

Your policy would also pay for the damage to the building for which you were responsible, up to the policy limit.

The policy also pays the judgement or claim, up to the policy limits.

Personal property coverages pays to repair or replace a renter's belongings up to a defined limit of a policy.

Not only would your policy pay out up to the policy limit for such an occurrence, but your policy would also pay to defend you against the subrogation process.

With limited pay policies, particularly those that are funded using paid up additions, it is important to keep an eye on the MEC level where your policy changes from life insurance to a modified endowment contract.

Your liability coverage on renters insurance in Annapolis will not only pay those damages up to the policy limit, but will also negotiate on your behalf with the other insurer and even provide a defense if you're sued for it.

Also keep in mind that claims are paid proportionately and only up to the policy limits.

Your policy comes with a certain amount of liability coverage that will pay for both the cost of defending you in court and any court awards, up to the limit stated in your policy documents.

A renters insurance policy will pay up to 10 % of the personal property limit for plants damaged by a riot or civil commotion.

Once they've defended you against the claim, if you're still found liable or if they determine settlement is the best option, they'll pay that claim or settlement up to the policy limits.

Once you've paid that amount towards the loss, the insurer picks up the rest of the loss up to the policy limit.

Your policy protects you from this liability by defending you against those claims and paying those claims up to the policy limits.

While renters insurance in San Diego won't prevent someone from suing you, it will make sure you have a defense against claims which would be covered by the policy, as well as pay the claim up to the policy limits.

If it is necessary for you to move into a motel or apartment temporarily because of damage caused by a peril covered in your policy, your insurance company will pay an amount up to 20 % of the policy limit on your dwelling for these expenses.

This coverage may help pay to repair or replace the structure — up to the limits stated in your policy — if it is damaged by a covered loss.

That coverage will pay for the stuff that was lost in the fire, up to the policy limit.

That coverage would, of course, pay the loss up to the policy limit, but there's more to it than that.

Your policy would pay what you owe, up to the liability limit of the policy, and your policy would defend you against the lawsuit over the fire.

For any loss greater than $ 1,000, your insurance will pay the remainder, up to your policy limits.

Paid up additions allow you to contribute more premium into the policy, but not exceeding the total limit set by formula described in the internal revenue code.

The liability portion of your policy pays for both the cost of defending you in court and any court awards — up to the limit stated in your policy documents.

In the event of a fire, you will file a claim for the loss, pay the deductible for your policy, and then receive compensation for the remaining costs of your loss, up to the limits of your policy.

Generally defense costs are outside of the policy limits, meaning that the money spent for your defense doesn't eat away at the money available to pay for the loss should you end up being liable.

The policy will also pay the claim, should it be necessary, up to the policy limit.

Your policy defends you against claims and pays for the loss up to the policy limit, if you're liable.