Sentences with phrase «than minimum liability»

Give serious consideration to purchasing more than the minimum liability requirement, however.

It may be a good idea for you to purchase more than the minimum liability coverage because a claim against you can quickly reach hundreds of thousands of dollars in settlement costs, court fees and legal defense fees.

In general, auto insurances for leased vehicles require you to purchase more than the minimum liability coverage legislated by your state.

[9] Typically, the payout is not more than the minimum liability limits and the negligent driver remains responsible for reimbursing the state's fund.

Note that these amounts are higher — double in some cases — than the minimum liability requirements of many other states.

To avoid these problems, it is necessary to purchase more than the minimum liability coverage for a Wyoming auto insurance policy.

Most experts recommend carrying more than the minimum liability insurance coverage.

A serious at - fault crash could easily leave damages that surpass these limits, which is why most drivers can benefit from purchasing more than the minimum liability coverage.

Unless you are determined to pay the lowest car insurance rate possible, we recommend you buy higher than minimum liability coverage.

Not exact matches

In the event of an accident, Kinder Morgan has pledged to do no more than comply with federal laws, which stipulate that operators of a major oil pipeline in this country must have a minimum of $ 1 billion in financial resources available to cover liabilities related to a land spill.

However, beneath the rhetorically charged terms such as «get - rich scheme,» «double - dipping, «tax shelter,» and «tax loophole,» is a rather boring reality: under certain conditions, some taxpayers subject to the Alternative Minimum Tax can reduce their federal tax liability by a larger amount if they make a charitable donation rather than paying their state taxes.

If you're looking for the cheapest rates and minimum liability coverage, the best car insurance company for you will be different than the best option for a driver that wants full coverage and top - rated customer service.

Alaska, for example, has a per - person liability minimum that is less than half of Alabama's minimum ($ 20,000 vs. $ 50,000) and a per - accident limit that is half of Alabama's ($ 50,000 vs. $ 100,000.)

Arkansas is one state that requires a minimum $ 50,000 liability per occurrence for all personal watercrafts and motorboats powered by engines of more than 50 horsepower.

@BrianHall: To be clear, the numbers you give are in line with many state minimums for liability coverage, but most car insurance companies do push higher coverage limits (commonly 250K / 500K / 100K for per person / per incident person cap / per incident property damage), and the incremental cost of the higher coverage is often much less than the cost of the basic coverage (it's not paid out often, and electing it demonstrates responsibility, which they like in their insured).

A driver who purchases more than minimum insurance but is constrained from purchasing more because of insurers» refusal to sell enough to cover liability for catastrophic injury losses arguably commands more loyalty from the insurer after an accident occurs.

Commercial vehicles must also carry a minimum amount of liability coverage, which is established by state regulations and the Federal Motor Carrier Safety Administration (FMCSA) and is higher than for personal vehicles.

In other words, while insurance laws in Florida only require property liability and personal injury protection, it's always a good idea to carry more coverage than the minimum requirement.

A catastrophic injury will undoubtedly incur more medical expenses than the $ 40,000 minimum required bodily injury liability.

Moreover, the EAT went on to say in para 15 that «the statutory procedures are no more than a minimum» and that liability for automatic unfairness is (deliberately and as a matter of policy) intended only to be available where the employer has failed to conduct even the most rudimentary procedure.

If you choose to buy liability coverage that is higher than the state minimum of 25/50/25 — a good idea, we think — you no longer have the option of declining uninsured and underinsured motorist bodily injury coverage.

Given the high cost of automobile replacement and / or repair, the purchase of property damage liability limits higher than the required minimum limit of $ 10,000 should be considered by insureds.

The bill originally asked for higher minimum liability limits than the version that was approved by the committee.

If you want the minimum coverage required by your state, your quote will be less expensive than it would be if you wanted higher limits of liability with added comprehensive and collision coverage.

When choosing your liability coverage, you may want to consider purchasing more than the minimum.

The more coverage you have the less likely you are to run into this issue, which is why most agents recommend liability limits at least one step higher than the minimum required to be legal in your state.

Because the liability limits are so high, you may not need any more than the minimum to protect yourself.

You may get a better deal on your Alaska car insurance if your past liability limits were higher than the minimum.

In most states, minimum insurance laws require that drivers only purchase liability coverage, rather than a more comprehensive policy.

If your RV is drivable, rather than some of the towed camper models, Maryland state law requires you to carry minimum liability insurance on it.

Your first option would be to get the basic minimum liability insurance that consists of a $ 15,000 injury / death for one person, $ 30,000 injury / death for more than a single person, and $ 5,000 coverage for property damages.

It is a good idea to make sure that you get a fair amount of bodily injury liability coverage; more than the minimum is certainly advised.

Although the cheapest car insurance coverage, minimum liability policies are often insufficient for many drivers who have more valuable assets (homes, boats, bank accounts, etc.) to protect than the least expensive insurance can cover.

Because injuries can be so costly, you should typically get more than the minimum required liability insurance unless you have absolutely no assets to protect.

Experts recommend buying more than the bare minimum liability insurance to avoid having to pay out of pocket for damage that exceeds your policy's limits.

Some companies may offer you a better price if you have carried liability limits higher than the minimum required limits.

However, single - limit liability coverage is more expensive than split - limit, so if you are on a budget and can only afford the bare minimum coverage, single - limit might not be a feasible option.

(Three notes: The minimums required still vary by state and we didn't include New Hampshire, because even though it doesn't mandate insurance, you have to buy more than just liability coverage if you choose to buy insurance.

As illustrated in the chart above, if your vehicle is less than the amount of cash you have in the bank then buy liability insurance or minimum coverage.

All these limits are only minimums and many drivers in Pueblo do choose to carry more than just that amount on their liability policies [1].

Many drivers in the state choose to carry more than the minimum levels of liability coverage, because more serious car accidents can result in damages far exceeding the state - mandated coverage thresholds.

For this reason, it is always good to carry more than the Colorado minimum required level of liability coverage, regardless of the value of the car you drive.

To get more extensive RV liability insurance than the minimums required in your state, talk to your Trusted Choice member agent.

The state of Hawaii advises that its residents carry more than minimum coverage to pay for damages as the costs of doctor's bills and repairs can surpass the minimum liability mandated by the state.

Thus, the overriding majority of Grand Junction Colorado drivers voluntarily purchase more than the minimum required level of auto liability coverage as a part of their car policies.

Each state's car insurance laws also come into play, as some state minimum liability requirements are much lower than others.

The California auto insurance minimum liability requirements for private passenger vehicles are $ 15,000 for the injury or death of one person, $ 30,000 for injury or death of more than one person, and $ 5,000 for property damage.

Because Florida has the lowest bodily injury liability requirements in the country, you might want to get more than the minimum.

Arkansas is one state that requires a minimum $ 50,000 liability per occurrence for all personal watercrafts and motorboats powered by engines of more than 50 horsepower.

They were able to find quotes of $ 1,087 on average for the minimum liability policy in Indiana, which were 48 % lower than the city's average.