Sentences with phrase «purchasing higher coverage amounts»

Through NYAIP, you will be assigned a car insurance carrier that will provide you the minimum liability, no - fault, and uninsured coverages, with the option of purchasing higher coverage amounts.

You can also purchase higher coverage amounts, but you will pay a higher premium for your policy.

That's why United States insurance experts suggest that Mississippi drivers purchase higher coverage amounts than the minimum state law requirement.

In addition, you can purchase high coverage amounts at lower premiums when you purchase a term life policy.

Pros: These policies allow you to purchase high coverage amounts for low prices.

Not exact matches

Colonial Penn's term and whole life insurance products don't require a medical exam and have a maximum death benefit of $ 50,000, meaning you'll typically pay higher premiums and won't be able to purchase a greater amount of coverage should your financial needs change.

A change in the value of your home, any additional high - value items you've purchased or inherited, and any natural disasters that have recently occurred may be good indicators that you need to review your coverage and make sure you have the proper amounts to help you get back on your feet.

Typically, you can obtain $ 1 million in coverage for a couple hundred dollars annually; higher coverage amounts can be even more cost - effective.2 Before adding umbrella insurance, however, you generally must purchase the maximum liability coverage on your homeowners and automobile policies, which serve as a deductible for the umbrella policy.

Most homeowners insurance policies provide a minimum of $ 100,000 worth of liability insurance, but higher amounts are available and, increasingly, it is recommended that homeowners consider purchasing at least $ 300,000 to $ 500,000 worth of liability coverage.

You may purchase Additional PIP coverage, to raise the overall limit of No - Fault benefits available in case of an accident up to $ 100,000 or higher and, in the process, increase the potential maximum amounts of lost earnings payments, other necessary expenses or the death benefit, depending on the limit you select.

A guaranteed issue policy is available to everyone, healthy or not, but the ease of purchase is reflected in higher premiums as compared to term life insurance for the same coverage amount.

Online car insurance for a Delaware resident browsing gives you a quick way to see how your rate will be affected if you wish to purchase additional coverage to protect yourself from possible claims in higher amounts.

In many cases, the stated amount of benefit that is purchased with final expense insurance can run between $ 5,000 and $ 25,000 — but in some situations, an insured may be able to obtain a higher amount of benefit, depending on the company that is offering the coverage, as well as the insured's age at the time of application.

The table below shows both the Oklahoma required minimum coverage limits - which is the lowest coverage amounts you can purchase through the OK AIP - as well as higher limits and other types of coverage.

Generally the least amount of coverage you can buy when purchasing an umbrella policy is $ 1 million, but many folks opt to extend their liability coverage for personal damage and injury to as high as $ 5 million.

While some insurance companies only offer liability coverage in the amount of $ 100,000, others may offer you the option to purchase coverage as high as $ 300,000.

Whether you are purchasing life insurance, car insurance, health insurance, or any insurance you will always pay more premium (more money) for higher amounts of coverage.

Any motor vehicle liability policy that insures both commercial motor vehicles as defined in G.S. 20 - 4.01 (3d) and noncommercial motor vehicles shall provide underinsured motorist coverage in accordance with the provisions of this subsection in an amount equal to the highest limits of bodily injury liability coverage for any one noncommercial motor vehicle insured under the policy, subject to the right of the insured to purchase greater or lesser underinsured motorist bodily injury liability coverage limits as set forth in this subsection.

You can get higher coverage by purchasing multiple policies from different carriers, but you are limited to the amount of coverage any one no medical exam life policy will offer you.

In fact, if you do not have health insurance that will cover accident related injuries, you may want to consider purchasing a much higher amount of personal injury or medical payments coverage.

While these minimum amounts are usually sufficient to cover expenses incurred in collisions, if you have a lot of assets that you wish to protect, you may want to purchase liability coverage in higher amounts.

If you purchase a lesser amount of TN coverage, you will not have as high of premium rates.

Some states, such as Florida, set a specific amount for PIP coverage, such as $ 10,000, and if you purchase higher limits it is termed «additional PIP,» other states allow you to choose your PIP limits.

Unlike many of the other types of no medical exam life insurance coverage, the amount of death benefit that can be purchased on a simplified issue policy can usually be as high as $ 400,000.

Additionally, your assigned insurer must offer you the option of purchasing higher amounts of coverage than the minimum.

These policies can provide a great way to purchase a high amount of death benefit coverage for a very low price.

Because the premiums for term life insurance are typically so inexpensive, policyholders are able to purchase higher amounts of coverage — and this can be a real benefit for physicians.

For example, the same person driving the same vehicle looking to purchase the same amount of coverage will typically get a higher estimate if he or she lives in a city rather than in the country, because the likelihood of an accident (as well as the cost of repairing a vehicle) increases in urban areas.

These coverage amounts reflect the minimum required in Maryland but you can usually purchase higher coverage limits to better suit your needs.

Since motorcycle riding can be risky, many owners will chose to purchase a policy with higher coverage amounts than the required MN policy limits.

Your agent can then help you find the appropriate coverage for that amount, but you should consider carrying a slightly higher amount in case you upgrade anything or purchase something new of value.

For this reason, many Nebraskans elect to purchase higher amounts of liability coverage.

It is always recommended to select and purchase a higher amount of liability coverage, as you can never predict what type of damage or injury for which you may be liable.

Keep in mind, though, that insurance becomes relatively less expensive as you purchase higher amounts of coverage.

It is always a good idea to purchase liability coverage in amounts that are much higher than the state's required car insurance minimums.

A change in the value of your home, any additional high - value items you've purchased or inherited, and any natural disasters that have recently occurred may be good indicators that you need to review your coverage and make sure you have the proper amounts to help you get back on your feet.

The advantage of having this sort of policy is that it enables you to purchase a high amount of coverage at a very low and affordable rate.

The amount of coverage for personal property may be limited on certain types of high - value items, such as jewelry or artwork, unless additional coverage is purchased for these items.