Sentences with phrase «potential cost of an accident»

Due to the large size of a bus, it can cause extensive damages and injuries in an accident, so it is important to evaluate the appropriate limits on your coverage based on the potential costs of an accident.

Not exact matches

In addition to the operational and cost benefits, improved parts management could speed up safety checks after an accident, industry experts said, and an increasing number of aerospace suppliers are looking at blockchain as a potential solution.
The attorneys could argue that the premiums better reflect the costs associated with the kinds of potential injuries and accidents faced by their clients.
Because more drivers means more potential accidents and higher population densities generally lead to higher repair costs for vehicles as well as houses, the likelihood of an increase in Utah insurance costs is high.
Travel accident insurance — For the terrible scenario of a potential travel accident, you can get coverage for up to $ 100,000 in damages and costs.
American Express covers any theft or damage of a rental car with the former insurance plan (exempting the cardholder from having to sign an additional insurance waiver at car rental checkout); Amex covers any potential costs involved with a common carrier accident involving planes, trains, etc with the latter insurance plan.
An accident while boating has the potential to cost you thousands of dollars if you don't have suitable insurance.
I have never had a pet in my life until now (i'm 42) largely because of the responsibility and potential costs for accidents.
The proof of that future loss is sometimes a difficult task and usually involves medical assessment and / or actuarial assessment); d. past care cost (if you have spend money for your medical care that was made medically necessary owing to ICBC motor vehicle accident injury then you can expect to collect a sum of money equivalent to those reasonable treatment and medication costs please ensure that you keep the receipts and seek prior medical approval to eventually prove this loss); e. future care costs (if you will suffer repeated medical expenses in the future owing to your motor vehicle accident ICBC injury claim then you can collect a sum of money equivalent to that future loss); f. out of pocket expenses or «special damages» (if you suffer out of pocket expenses like for travel to / from medical appointments, cab fare, parking, etc, then this is also recoverable by you but again — keep track of these expenses in a log and keep a receipt book for later proof of this loss); g. legal costs (sum of the legal costs associated with advancing your injury claim are recoverable as the court system recognizes that often legal experts, lawyers and their agents are a necessary part of the process); h. other categories of damages: not discussed here are other categories of damages like «in trust claims» made largely for those who relatives who take care of you while you are recovering from your injuries or things like «loss of ability to enter an economically interdependent relationship» which might be awarded to a seriously disfigured potential spouse for his / her unlikely ability to become married in the future.
To add to the above, everyone has the potential to suffer at the consequence of another by accident and may indeed require assistance such as rehabilitation, recover costs such as loss of earnings, damaged property as well as compensation for the pain and loss of amenity suffered.
After an accident, there are a variety of costs — medical treatment, lost wages from being out of work, lost earning potential and more.
Because motorcycles have few features that shield riders from getting struck, the types of medical costs motorcyclists will be facing have the potential to be much greater than for other types of accident victims.
Because of the cost of the settlement or potential lawsuit, the insurance company will look closely at the accident and each party's actions.
Potential employees with violations, accidents or points on their personal VT driving records, for instance, are more likely to cost them expenses by way of medical bills or repair costs.
Because more drivers means more potential accidents and higher population densities generally lead to higher repair costs for vehicles as well as houses, the likelihood of an increase in Utah insurance costs is high.
Motor vehicle insurance protects you from potentially huge costs in the event of an accident, so it's vital to have a policy that can take care of the potential liabilities and claims.
Determine the extent of fleet loss exposures (types, causes, sources, number and cost of potential accidents):
The idea of auto insurance is to protect drivers financially against the potential costs of car accidents.
By now, most tourists are very much aware of some of the potential hazards of traveling, such as medical costs incurred because of an accident, loss of passport, trip cancellation, and loss of baggage.
A large semi will generally have a higher commercial truck insurance cost than a smaller pickup truck carrying the same type of product because of its potential to cause more damage in an accident.
Uninsured and underinsured motorist coverage protect the covered policy holder from the potential expense of having to deal with the aftermath of an accident with an uninsured driver, or one whose liability coverage is insufficient to cover all the costs of repairing your vehicle and dealing with your medical care.
An accident while boating has the potential to cost you thousands of dollars if you don't have suitable insurance.
If you are injured in an accident with an uninsured driver, the potential cost to you is much more than the value of your car — medical bills can be nearly unlimited.
If you are injured in an accident with an uninsured driver, the potential cost to you is much higher than the value of your car — medical bills can be nearly unlimited.
The cost of car insurance is low compared to the potential loss of an at - fault car accident.
Personal injury protection is a tremendously valuable form of auto insurance coverage, because of the unique way it protects covered policy holders from a very specific set of potential financial costs that can arise in the wake of an auto accident.
Auto Insurance Premium: The price an insurance company charges for coverage, based on the frequency and cost of potential accidents, theft and other losses.
The reason for this is that in any accident situation, there is the potential for huge damages from civil litigation including pain and suffering or lost wages claims to go on top of medical costs and property losses.
Beyond the obvious legal connection and that fact that almost all drivers have to have car insurance liability protection according to state law, coverage is critical because the potential out of pocket costs in the aftermath of an at fault accident could be catastrophic for a driver who has no insurance.
It could cover all the potential costs in the event of an accident such as lawsuits filed, medical costs, damage to property etc..
When shopping for plans, individuals must weigh the benefits of lower monthly costs against the potential risk of large out - of - pocket expenses in the case of a major illness or accident.
In the event that an employee was involved in car accident, and is driving during work hours for the company, the employer would have to endure the costs of medical bills, repairing or replacing damaged vehicles and property, as well as potential lawsuits from third parties.
Many people don't fully assess the potential costs involved in an accident, and can end up with large out - of - pocket expenses by skimping on their auto coverage.
The cost of boat ownership should include being financially responsible for potential accidents.
When you consider the potential property damage and medical costs associated with a major accident, you'll see that ATV insurance coverage is an affordable way to acheive peace of mind.
Owning a car entails responsibilities, and these include getting a surety policy that will cover the costs of potential liabilities arising from accidents involving the vehicle's use.
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