In short, it just does not make much sense to go without third party auto insurance when the cost is so low relative to
the possible liability situation it can save you from if you should ever get involved in an at fault accident during the covered policy period.
Not exact matches
When thinking about
liability and car insurance, I always try to imagine the worst
possible situation.
Filing separately may bring some advantages, such as no joint
liability and potentially lower taxes depending on your
situation, but could also cause you to lose out on
possible credits and deductions.See note1
You'd want to use their
liability coverage if
possible, in that
situation, because that means that you wouldn't have a deductible and once they write the check the problem is solved.
If you do happen to accidentally do this while you are in the process of obtaining financing you need to inform your lending as soon as
possible so they are aware of the new
liabilities and assess the new
situation.
Renters insurance policies don't cover every
possible situation where
liability may arise.
UPDATE: Though it looked for a while like this one could've gotten much worse at the time of the original post, it appears that the leak has been stopped and Brazilian police are investigating the
situation for
possible criminal
liability on the part of Chevron.
The most serious issues arise in one of the
situations that Justice Sotomayor addresses which the majority does not adequately consider in the rebuttal in its own opinion, which is the
situation where there are multiple
possible defendants with different home states, whose relative
liability is unknown or independent or mutually dependent.
Renters insurance policies don't cover every
possible situation where
liability may arise.
There are minimum financial levels of protection required by the state for each of these areas of a
liability policy, but motorists are free to carry higher limits, and many do just that to further protect themselves from
possible financial
liability situations.
Non-owner
liability policies are
possible to purchase for temporary insurance
situations when you do not own a car, however, this may not be your only option which is why it is a good idea to speak to an insurance professional to get the best advice.
There are a number of
possible situations that could come up in your condo or townhouse leading to a
liability claim.
You'd want to use their
liability coverage if
possible, in that
situation, because that means that you wouldn't have a deductible and once they write the check the problem is solved.
There are a number of
possible situations in which it would be handy to have this kind of
liability protection.
When you rent a home in the Arlington area, or anywhere in Jacksonville, you need this valuable protection to protect you from
possible liability in a variety of
situations.
From property losses to
liability claims, Waco renters can purchase affordable protection and gain an advocate in many
possible situations.
If a non-relative visitor to your home gets injured while on the rental premises (from a slip and fall, a bad cut, etc.), it is quite
possible you may be looking at a
liability situation.