Sentences with phrase «total cost of car insurance»

The total cost of car insurance is determined by several factors.

Not exact matches

In the eyes of the insurance company, the car was a total loss, the cost of the damage far exceeding the Alfa's value.

If your car is totaled or stolen, your car insurance may not cover the total cost of your outstanding loan balance.

Estimated annual cost of gas, insurance, and maintenance: $ 5,000 Minus estimated annual cost of a compass pass and occasional car - sharing rental: $ 1,200 Total savings after one year: $ 3,700

According to the IIHS, the cost for neck injury insurance claims was nearly $ 9 billion a year — or about 25 % of the total insurance payout for serious car crash injuries in the United States.

Under Idaho law, the insurance company is required to pay the lesser of two amounts: either the cost of fixing damage incurred in the accident or, if the car is totaled, the fair market value of the vehicle just before the collision occurred.

«Totaled» is the condition of a car given by insurance companies when they deem that the costs of repairs on the car will exceed the ACV of the car.

Another method is to add up the total bills, such as credit cards, mortgages, car payments, loans and funeral costs, while also estimating and anticipating future bills (the need for a new car, tuition for your children, inflation etc.) If the goal is to simply replace an income, as might be the case when both spouses are professionals, the estimate should be based on the annual income multiplied by the number of years of income that you want the life insurance to cover.

Your comprehensive policy would pay (after the deductible) for repair costs or reimburse you for the actual cash value of the car if your insurance adjusters say it's a total loss.

Car insurance premiums are based partly on the price of the vehicle, which affects the replacement cost if it is stolen or «totaled» in an accident.

Liability insurance places limits on the amount it covers to the driver of another vehicle, the total cost of injuries to everyone in the other car and the damage to the car.

The total cost of your claim against their car insurance company is $ 250,000 to cover hospital bills, lost wages, pain and suffering, and other related expenses.

By just meeting the minimum liability insurance requirements designated by the Texas Department of Insurance, your car insurance policy may not cover the total cost of damages and medicinsurance requirements designated by the Texas Department of Insurance, your car insurance policy may not cover the total cost of damages and medicInsurance, your car insurance policy may not cover the total cost of damages and medicinsurance policy may not cover the total cost of damages and medical bills.

While the initial cost of the car is considered in your Pontiac car insurance policy, it does not affect how much money you are reimbursed in the event your vehicle is totaled.

Using the above example, if the accident that Driver A caused did a total of $ 4,000 in body damage to Driver B's car, Driver A's Property Damage Liability insurance would pick up this cost.

In some instances (particularly with older models) it may be that the car is not severely damaged when a total loss is applied to it, and while it may be uneconomic for the insurer to pay for repairs the policy holder may choose to pay an additional amount on top of the replacement cost benefit provided by their insurance company, to get it back on the road.

Depending on your coverage the insurance company may also factor into the equation the cost of a rental car, so if your repairs are going to take a long - time even if the repair bill is lower than the total loss figure — the costs of providing you with a hire car in the interim, may leave the insurer to decide that it's not worth pursuing the repair and instead they will pay out the replacement cost of the vehicle.

If you total your car after four years of driving it and your insurance policy doesn't have a replacement cost clause, you may only be reimbursed for 50 % of the initial purchase price.

Therefore, if a person totaled a brand new car insured by an insurance policy on a replacement cost valuation, although the insurance company will pay for the full value of the car, they must deduct the amount indicated in the deductible portion of the policy.

Though auto insurance quotes in USA are heavily dependent on driving history of the motorist, his personal profile and the total distance driven annually, but car insurance cost in USA also vary a lot state wise mainly due a number of different socio - political reasons.

Collision coverage protects the Ames car insurance policy holder in the event of damage to the covered vehicle in an accident, paying out for the total cost of damages less deductible.

If you have homeowners insurance as well as car insurance, bundling the policies can sometimes save you up to 10 % of the total cost of both policies.

If you are responsible for an accident in Indiana that destroys a car and sends three people to the hospital, your available insurance will cover the first two people who file a claim, up to a total of $ 25,000 in medical payments and liability costs, and up to $ 10,000 in property damage costs.

(Again total cost: purchase, fuel, insurance, maintenance) That was because this particular $ 27K car had $ 17K worth of rebates to bring the price of the lease down to $ 99 per month because they were clearing out the Spark EV before the launch of the Bolt EV.