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Is cheap liability car insurance really worth it in the long run?
Wiki User
∙ 14y ago
Each state has regulations regarding auto insurance. Any agent or company that gives you a quote must consider the state requirements and offer coverage that meets or exceeds those requirements. You are required to carry insurance. If the vehicle is free of liens, you can carry only liability to cover any damage that you might do to property or persons when driving. The cost of driving without insurance is quite high. So, yes, liability insurance is well worth it, in both the short- and long-run.
Wiki User
∙ 14y ago
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What are the best options for cheap car insurance?
Some of the best options of cheap car insurance can be obtained by making sure that there are no hidden fees or costs when buying the insurance. There is no such thing as really cheap car insurance, but Progressive is certainly worth taking a lot at.
What exactly does liability insurance cover Is it worth paying for this if I'm starting a company?
It would definitely be worth getting liability insurance for your new business. It is in place to protect businesses from being sued by a third party due to negligence. Having liability insurance is a must for any business. Liability insurance, or business insurance, protects your company against lawsuits that claim you failed to use reasonable care.
If somebody has a 100K dollar net worth how much liability insurance do they need?
Amount of liability insuranceYou should get enough general liability insurance to cover your net worth or your perceived potential liabilities. If you're involved in high-risk activities, you might consider even more insurance.
Which type of auto insurance coverage is more important?
Liability. Without it and charged with fault of an accident you face enormous fines and will have to pay medical bills for everyone injured in the crash. Don't cheap out on auto insurance ... ever. The risks are not worth ii. If you can afford the fancy mobile phone with all the perks then you can afford proper auto insurance.
Is collision car insurance more expensive than liability only?
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.
Which insurance companies provide liability insurance?
There are many insurance companies that provide liability insurance coverage. Some well-known companies include Allstate, State Farm, GEICO, Progressive, and Farmers Insurance. It's important to shop around and compare quotes from different companies to find the best coverage and price for your specific needs.
Which companies sell cheap business insurance to those with low credit ratings?
Many companies offer cheap business insurance to those with low credit ratings. It is worth looking into the insurance offered by State Farm, The Bank of Montreal and Atradius.
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What types of vehicles is auto insurance required for?
Any Vehicle that is road worth must have insurance for at least liability. If the vehicle is not road worthy it does not have to have insurance but will not be covered for anything if someone were to damage it by fire or theft. Insurance may also differ from country to country.
Where can one find a company that sells liquor liability insurance?
Many business insurance companies will provide liquor liability insurance. However, to make sure that you are getting both the right cover and the best deal it may be worth discussing with a broker.
Which companies sell cheap auto insurance in Colorado?
I have found that going to Progressive.com is the best way to find the cheapest rate quotes. They sell insurance in Colorado, and are worth trying.
Are those cheap 25 Horsepower tuneups for cars you can find on Ebay really worth it and do they work?
no
