In automobile insurance, collision coverage provides for repairing a vehicle when it is damaged due to the fault of the insured. Liability insurance provides for cost of repair of the OTHER vehicle if you damaged it.
The cost of general liability depends on said person's life, lifestyle, and home. General liability covers many public costs and product liability risks.
This is a question that has no real answer. It's like asking whether apples or oranges are better. It depends on your situation. Liability only covers the person you hit and their damage if its your fault. It is usually required by state law in most states. Comprehensive and Collision are coverages that cover physical damage to your vehicle and are additions that are added to a liability policy. You can buy liability without Comp and Collision but not Comp and Collision without liability under most circumstances.
claims if you are at fault in a collision.
The personal liability portion of your car insurance is for damage you may cause to others. The collision portion of your car insurance is for your vehicle. If your vehicle is very old, with lots of miles and is not worth much, you may consider not getting it.
Auto insurance includes: liability, collision, comprehensive.Liability covers what you do to someone else's property and body.Collision covers your car when you are at fault in a collision.Comprehensive covers uninsured motorists, theft, vandalism. natural disasters and the like.the answer is liability coverage
cost to fix after accident. and how much the company will cover
How much will it COST? If you have a good record of several years without claims, your premiums may not increase, but if you are a new driver or have had prior claims the increase will be determined by your insurer and no one else can give you a definite answer. Or how much will it PAY? If it was your fault, your liability coverage will pay for the damage to the other driver's car and if you do not have collision coverage, you get to pay for your own repairs.
Collision protects you and your car if you are in an accident, liability protects whomever you may hit.
claims if you're at fault in a collision
Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Liability Coverage under an auto policy has what components:
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The amount of property damage / bodily injury that can be caused to others by the negligent operator (where liability coverage will kick in) is much lighter in case of motorcycles than a car, hence liability insurance for motorcycle is much cheaper. The risk of physical damage in the even of collision is much higher for motorcycles (Small crash can easily cause a total loss.) Also comprehensive losses (example: theft) is much greater for motorcycles, hence cost of comp and collision in motorcycles is much higher, assuming other things (values, drivers, locations etc.) are the same.
Most motorcyclists get at least liability on their bike, in case they are involved in an accident that injures someone else. Liability alone can cost between $100 and $400 per year. If you purchase additional coverage such as collision or comprehensive, your premium will increase.
No, your collision and other than collision would be the place to get those coverages. Liability protects you from having to pay if you injure or damage someone else or their property.
That would be liability coverage.
Yes it is a current liability
State farm renters ins + 300,000 liability for the dogs runs about $30-40 per month.
Comprehensive insurance covers theft. Liability & Collision do not.
Yes, usually you retain these coverages when you will not be driving the car.
Liabilty will not cover damage from a collision with a deer no matter what insurance company you have. Animal collisions are covered under "Comprehensive" or "Other Than Collision" coverage. Liability only covers damage you do when you are at fault.
The cost of Public Liability Insurance for an art gallery depends on the size of the art gallery and the value of the artwork inside of it. Also, the location of the gallery will also determine the cost.