Sentences with phrase «policies than a car accident»

Not exact matches

This policy will cover your car for more than just third party claims if you get into an accident with another car.

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.

Gap Insurance: If you're involved in an accident, your collision policy will typically only cover the cost of your car up to its actual cash value, which may be less than what you owe on a loan or lease.

However, many times insurers will interpret their policies a bit more broadly than they should, which is why it's important to have an experienced car accident attorney in South Florida who will fight for you and take them to task.

Liability insurance policies for commercial vehicles tend to have much higher limits than those for personal cars, trucks, and vans because the harm caused by a truck is often more than injuries caused by an accident with a personal vehicle.

Gap Insurance: If you're involved in an accident, your collision policy will typically only cover the cost of your car up to its actual cash value, which may be less than what you owe on a loan or lease.

For the car accidents or disaster situations where there is a lot of damage, most insurance policy holders will choose to file a claim and pay the deductible, rather than take on the entire financial burden of the loss.

After driving a car for many years, it may be more cost effective to lower the comprehensive and collision amounts on the vehicle if the payout in case of an accident will be less than the total amount you pay in premiums over the course of a policy year.

Drivers in their early 20s typically can get by with leaner policies than older motorists, who likely would have greater savings on the line if they were to be sued over a car accident.

For example, a situation where you would almost certainly want to pay for repairs yourself is after a minor accident where the repair cost is lower than your car insurance policy's deductible.

People in their twenties pay more for a policy than any other age group, even those who have just received their license, because most of the car accidents involve people in their twenties.

Two married drivers (one licensed for 14 years, and the other licensed for 12) who each have a car, commute to work, and have only one traffic violation and one accident between them both will pay an average of $ 1,667.31 for a policy that includes higher - than - required liability limits and comprehensive coverage.

Statistically speaking more car - related accidents and theft occur in urban places thus policy holders in metropolitan areas are considered to be more risky than people in rural places.

It's important to note, however, that if a friend borrows your car and then has a car accident, your auto insurance policy is more than likely going to be affected.