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how do i self insure my vehicles

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11y ago

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Related Questions

Do you have to be insured to get your license?

A person has to be insured when they get their license because that is what the law says and you need to follow that.


If you are insured but dont have a license will dmv find out?

Do you mean , If you are insured and dont have a license, and you drive? If that is the question, that you are driving without a license you will get in serious trouble, you could be in a license check going down the highway, or be in an accident, you have to have a license to drive legally.


Do you have to be insured to have a license?

Yes, you must have insurance to have a license. It is illegal to drive otherwise.


Can you drive someone else's car if you have a valid license but are not insured?

Is the CAR insured? If not, it's not legal.


What is the difference between a company that is fully insured and one that is self insured?

A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.


What are the key differences between being self-insured versus fully insured?

The key difference between being self-insured and fully insured is that with self-insurance, the company takes on the financial risk of providing insurance coverage for its employees, while with fully insured plans, the company pays a premium to an insurance company who then assumes the financial risk.


Is the US government self insured?

Yes


Do you have to have insurance to have a license?

No, but car has to be insured to register it & keep it registered. to take the driving test, the car you use must be insured.


What is the difference between being insured under a policy and being self-insured?

If you have an insurance policy purchased from an insurance company, some or all of the financial losses you incur will be reimbursed by the policy issuer. If you are self-insured you, or the company that is self-insured, is responsible for all financial losses and liability to others. Some self-insured companies are self-insured only for the first million or 5 million dollars, and have bought insurance policies to cover larger losses. Their annual insurance premiums are lower as a result, since the purchased policy is not responsible for those less, and more frequent, losses.


Can you drive a car you are not personally insured on for your license test in California?

Yes


If you have lost your license can you still insure a car?

This depends where you live. In some countries the car is insured itself and anyone can drive it, but in other countries a car owner is insured. In the countries where the owner is insured, you will not get insurance without a valid driving license as you are not allowed to drive the car anyways!


Can you have a car in your name with no license but some else driving it with a license and insured on it too?

Some insurance companies will allow the named insured to be excluded depending on the reason. The policy would need to be in your name if the vehicle is in your name. Any drivers must be listed as drivers on the policy but not as the insured.