Is auto theft covered by liability insurance in Colorado?
No. Liability insurance covers damage you do to someone else's property. Theft would be covered by comprehensive insurance. In most jurisdictions, liability insurance is required but comprehensive is not.
"Basic" is vague. Generally speaking, there are two main categories of insurance: liability (which covers other people) and comprehensive (which covers your vehicle). If you have liability insurance only, it most likely won't cover theft of your motorcycle. You should talk to your insurance agent to be sure that what you want covered is covered, and that you're not paying for coverage you don't want (and aren't legally obligated to have).
Renters insurance is insurance purchased by renters to protect their personal property in situations of fire, theft, water damage, or any other unforseen circumstance not covered by the landlord's policy. Renters insurance also helps protect renters against personal liability if someone is hurt, whether in the home or away from it, and damage to the rental unit caused by a covered loss.
Barry Weintraub has written: 'Potential civil liability of communications between insurance companies and law enforcement authorities' -- subject(s): Automobile theft, Automobile theft investigation, Confidential communications, Insurance, Insurance companies, Insurance crimes, Law enforcement, Records and correspondence, Tort liability of insurance companies
Is it legal for an insurance company to let you get liability insurance on a vehicle that has a lien holder on it?
No, Never. An auto theft would have to be covered by the vehicle owners comprehensive auto insurance policy. A homeowners Insurance policy is not liable for the theft of a vehicle. that's what Auto Insurance is for. If an Auto Owner chooses not to purchase a Comprehensive auto Insurance Policy then they assume the risk of a total loss in the event of a theft. The vehicle owner can not seek to shift liability to…
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
The foregoing answer is not altogether correct and I am concerned that some users may be misled.Theft coverage under a homeowners policy is provided, if at all, under the personal property section, and coverage is provided in an amount stated on the Declarations page of the policy. The amount shown on the Declarations usually refers to the coverage for theft of items from the insured premises. While it is true that many policies do coverage…
There are three basic types of gym and sports club insurance. The first is public liability insurance. This type of insurance is essential if you operate a large club. The second is employer's liability. This type of insurance covers your employees should any of them get hurt on the job. The third is property cover insurance which covers the club/gym itself as well as the equipment from events such as theft, natural disasters, damage, fire…
your personal property, loss of use of your apartment and your personal liability. the policy has conditions - generally you need a "covered cause of loss" for coverage on your personal property - some causes of loss are fire, theft, expolsion, etc. they are listed on your policy or your agent can provide you a copy of the policy before purchase.
Personal property is covered for the listed perils in your policy, see Coverage C - Personal Property, for the list of covered losses. Personal property is covered even if it is located in a vehicle at the time of loss. Some limitations and exclusions could be applicable if the loss is caused by theft.
NO, All auto insurance policies specifically exclude coverage for accidents and claims that arise from criminal activity other than normal traffic violations. Auto theft is a felony in the U.S. No Auto Insurance Company in the USA would be obligated to pay for a claim arising from the Insureds theft of another persons property.