Sentences with phrase «than the liability limit»

If your exposure in the event of a fire is greater than the liability limit available to you, consider an umbrella policy on top of renters insurance.

Some serious Connecticut car accidents, however, result in far more damage than these liability limits cover.

Anyone with total assets that are significantly greater than the liability limits of existing base insurance policies — such as home and auto insurance — should consider buying an umbrella policy.

However if you own a property or have investments and savings that are worth more than the liability limits under your policy, consider purchasing an Umbrella or Excess Liability policy, which will provide extra liability coverage to protect your assets.

If your exposure in the event of a fire is greater than the liability limit available to you, consider an umbrella policy on top of renters insurance.

If you don't have umbrella insurance and your financial responsibility is greater than your liability limits, you would pay the difference out of your pocket.

If you own property and or have investments and savings that are worth more than the liability limits in your policy, consider purchasing a separate excess liability or umbrella policy.

Anyone with total assets that are significantly greater than the liability limits of existing base insurance policies, such as insuring your car and home, should consider buying an umbrella policy.

NOTE: Even if you ask for an uninsured motorist limit that is lower than your liability limits, you can not go lower than the minimum Maine liability insurance limits ($ 50,000 per person and $ 100,000 per accident).

Anything more than your liability limit, whether that's lawyer's fees, filing fees, or the cost of the judgment / settlement, is your responsibility out of pocket.

Not exact matches

Dig Deeper: Choosing the Limited Liability Company as Your Corporate Form Case Study: Why an S Corp Might Be the Better Choice While Turner's story is a compelling one for a smaller, lifestyle business, the truth is that fast - growing businesses that plan to bring on investors or share the ownership of the company with employees may need to consider making the switch to an S corp sooner rather than later.

«Limited liability means you can't be financially responsible for more than your investment in the company,» writes Greg McFarlane in his book, Control Your Cash: Making Money Make Sense.

Structure: The buyer set up a limited liability company in order to purchase the paper, which means that there are far fewer reporting requirements than if the buyer had set up a C corporation or purchased the newspaper via an existing C corporation.

In the United States, more than 2.4 million small businesses are set up as a limited liability company (LLC) for the purpose of limiting personal liability and protecting the owner's personal assets in the event of business failure.

For Domestic Carriage Liability for loss, delay or damage to checked baggage, or any baggage or personal item which is taken into custody by Cape Air, is limited to the fair market value at the time of the loss, damage or delay and will not exceed (except for wheelchair and other assistive devices)(1) for on - line travel solely on Cape Air with no connecting service, $ 500 per passenger; (2) for interline travel where the Cape Air flight segment is included on the same ticket as a connecting flight segment of another airline with an aircraft of more than 60 seats, $ 3400 per passenger ($ 3500 per passenger effective August 25, 2015) as per federal rules; and (3) for interline travel where the Cape Air flight segment is included on the same ticket as a connecting flight segment of another airline with an aircraft of 60 seats or less, $ 500 per passenger.

Rather than cut the line to limit NBC's liability in case someone bought the site and put up objectionable content, the show's producers grabbed the domain name to use for their own objectionable content — and their audience's.

Corporations Use Limited Liability Companies to Skirt Campaign Contribution Limits Limited Liability Companies associated with luxury real estate mogul Leonard Litwin have channeled more than $ 900,000 into races for the New York State Senate this election cycle, largely to Republicans seeking to hold on to majority control.

Since then, Mr. Cuomo has collected more than $ 2 million in donations from limited - liability companies, according to campaign finance records.

Three limited liability companies sharing a Fayetteville address gave a collective of more than $ 92,000, records show, and at least $ 65,000 in other gifts can also be tied to the company.

ALBANY — Since a 1996 opinion from the state Board of Elections resulted in a system in which owners of multiple limited liability companies can give effectively unlimited amounts of money to candidates for office, nobody has raised more money from LLCs than Gov. Andrew Cuomo.

Working through more than two dozen limited liability companies, Glenwood has contributed at least $ 3.6 million to state politicians and the political committees that support them since 2010.

Because of a 1996 State Board of Elections ruling, limited liability companies are treated as individuals rather than corporations in New York.

Miner said she would like the close the «LLC loophole,» which allows limited liability companies to donate as individuals, which can be thousands of more dollars than a company is able to donate.

Cuomo appears to have given up on the state Legislature taking action to close the notorious LLC loophole, which allows wealthy donors to subvert campaign finance laws by creating multiple limited liability corporations that can each give more than $ 60,000 to a candidate's campaign.

Cuomo's prescriptions in his 2016 State of the State speech included closing a legal loophole that lets campaign donors funnel unlimited sums to candidates through limited - liability companies; requiring office holders to report campaign contributions every 60 days instead of twice a year; allowing lawmakers to earn no more than 15 percent of their legislative salaries in private - sector work; and adopting a system of voluntary public campaign financing similar to what New York City has.

The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.

Their priorities: closing the campaign finance loophole that allows limited liability companies to donate like individuals, rather than businesses; limiting legislators» ability to earn money for jobs held outside the Legislature; and making the state budget process more transparent.

During the recent trial of former Senate Majority Leader Dean Skelos, federal prosecutors presented a 54 - page document itemizing millions in political spending by real estate giant Glenwood Management, sums that had been parceled out through more than 20 limited liability companies.

Walsh also received more than $ 10,300 through multiple, differently - named limited liability corporations and limited partnerships in Florida filed under a registered agent named Sarah Pietrafesa, according to Florida business records.

Walsh also received more than $ 10,300 through multiple, differently - named limited liability corporations and limited partnerships in Florida

Limited liability companies (LLCs) can make much larger campaign contributions than other businesses.

It's possible because the board treats LLCs — limited liability corporations — as human beings, rather than as corporations or partnerships.

Limits on the so - called loophole for limited liability companies, which allow limited liability companies to have much higher campaign contributions than other businesses.

Cuomo will once again push to close the so - called limited liability loophole that allows companies, especially real estate firms, to use their subsidiaries to multiply the force of their political giving — a gap that has benefited the governor more than any other state candidate.

It's possible that some transactions in which a donor's names was misspelled or a contributor gave through a limited liability company that is not linked to them in legal records were missed, and the totals for the donors listed above, or those who didn't make the list, are actually greater than they appear.

During the last election cycle, limited liability companies controlled by the company and its founder, Leonard Litwin, gave $ 3.6 million to state - level candidates and parties, more than any other donor and an amount equal to 1.4 percent of all the money contributed to these committees.

To make matters even worse, since Limited Liability Corporations (LLCs) are subject to individual rather than corporate contribution limits under New York campaign finance regulations, one person could set up several different subsidiaries to funnel millions more into state campaigns.

ALBANY — A network of limited liability companies tied to a Kiryas Joel developer has given Governor Andrew Cuomo $ 250,000 in 2015, more than any other source.

I don't believe that [the FAA's involvement should be so limited]-- the problem is that spacelines will be much more at risk from a lethal liability climate than if they did have FAA approval on their spacecraft safety.

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«Product - liability policy limits are much higher than typical auto - policy limits,» explains Hilary Rowen, a San Francisco attorney who specializes in insurance issues.

After all, the existing tort - liability system is flexible enough to cover autonomous cars, and accident victims are extremely likely to go after automakers with deep pockets for product liability suits rather than individuals with auto insurance policies with lower limits.

However, rather than carry expensive homeowner's liability coverage, you can usually save and obtain better coverage by slashing your homeowner's policy liability limit and buying an additional umbrella liability policy.

If your tax liability is less than the credit amount, then the child tax credit is limited to the balance, but your financial circumstances may also make you eligible for the «additional child tax credit,» which would result in a refund from the IRS.

Our limit of liability for personal property usually located at an «insured's» residence, other than the «residence premises», is 10 % of the limit of liability for Coverage C, or $ 1,000, whichever is greater.

With any lower liability limit than that, you might as well not even have the policy if there's a bodily injury loss, for example.

If you have very high liability limits, greater than $ 300,000, you can lower them since you have the extra liability from your umbrella policy.

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott You need to file bankruptcy, but you have a corporation or limited liability company — maybe even more than one.

If the injury is larger than the medical payments to others limit on your renters insurance at Observer Park would cover, then it's time to look to liability.