Not exact matches
It essentially protects you
as the
policy holder from personal financial liability if you get into a car accident for which you are held
responsible.
A deductible for property insurance is the amount of your own money that you,
as a
policy holder, are
responsible for paying if you find yourself needing to make an insurance claim.
This certainly makes online health insurances cheaper and there is also less chance of payment related problems
as the insurance company stays directly
responsible to the
policy holders and can not pass the blame on somebody else in case there is any problem with the
policy.
Company is not
responsible for the investment risk in this case
as policy holder has the control to decide about where he / she want to invest.
Lenexa automobile insurance property insurance liability protection shields you
as a
policy holder from being personally
responsible for paying for the damage you do to other cars or other property aside from your own in the course of a car accident for which you are found liable.
As an insured
policy holder, in covered instances you are only
responsible for paying the deductible for any area of coverage accesses, plus any excess costs that exceed the limits of your plan.