Every master insurance policy is different. Review the policy to determine whether this incident and its affects are covered under the master policy the association carries.
Property damage liability car insurance will cover the individuals car and property that you hit. It will not cover anything to do with your vehicle if the accident is your fault.
No. Homeowners Insurance does not cover Auto accidents. Auto Insurance covers automobiles. It does not matter if the auto accident was on public or private property.
Usually your own insurance.
It is highly unlikely.
The term letting insurance refers to the insurance a landlord has for property they are renting. It covers damage to the property either through accident or natural disaster.
You want to talk with a Commercial Lines Property & Casualty broker.
This means that if the accident was your fault, your insurance will pay(up to an amount that is on your policy) for the other property and persons involved in the accident. Liability insurance does NOT cover your vehicle damage.
Without liability insurance, should there be any accident on the property, the association will be liable to pay for defending the claim, and potentially the claim for damages.Often the trade-off between liability insurance premiums and the hourly rate for defense attorneys indicate the it's less expensive to pay the liability insurance premiums.Your governing documents will help you define your requirement as an association insofar as carrying liability insurance is concerned. Usually, carrying it is mandatory.
Student accident insurance is a type of insurance plan available to students. It is a plan that is supposed to cover the student for any accidents that occur on school property or while with a school organization.
hope to god the other car has 3rd party insurance. Third Party insurance covers you for damage caused by your car to property owned by a third party in the event of an accident. That means you're covered for any damage you may accidentally cause to someone else's property.
Property and liability insurance covers a range of possibilities such as passers-by getting hit by falling masonry from your home, people injuring themselves whilst at your property or the cost of repairing your property due to an accident.
Call your insurance company and get a claim started.