0
You're probably talking about Auto Insurance - and Liability can be written one of two ways: 1. With a separate limit for Bodily Injury per person and per accident, and a separate limit for Property Damage per accident; or 2. With one limit, combining both Bodily Injury and Property Damage per accident, also known as Combined Single Limit. Different limit options are usually available for either option, and these limits are often compared with buckets. If you have the first option above, you have three buckets, but one - Bodily Injury per person - takes limits from the Bodily Injury per accident bucket. Even if these limits are used up, you can't reach into the Property Damage bucket for Bodily Injury. With Combined Single Limit, you only have one bucket and all liability claims pull from that same bucket.
What else can I help you with?
What are some different policy car insurance types?
Some different car insurance policy types include: combined single limit, split limits, rental coverage, collision insurance, comprehensive insurance, towing insurance and personal property car insurance.
When was The Commercial Single created?
The Commercial Single was created in 1980.
Who has the best insurance for construction and renters ins?
It is not likely you will find a single insurer with the best offering for both of these insurance categories. Construction Insurance is a Commercial lines Policy while Renters Insurance Is a Personal Lines Policy. That's kinda like trying to mix apples and oranges.
Does a single person LLC that provides consulting services require commercial general liability insurance?
Yes. If you give the wrong information to someone, you can be sued in a civil manner, therefore, just get the insurance. I'm in the same situation.
What is the minimum Bodily Injury Limits in New York?
In New York, the minimum bodily injury liability limits for auto insurance are $25,000 per person and $50,000 per accident. This means that if you cause an accident, your insurance will cover up to $25,000 for each injured person, with a maximum of $50,000 for all injuries in a single accident. However, many experts recommend higher limits to ensure adequate coverage in the event of a serious accident.
When two companies combine to form a single company is called what?
When two companies combine to form a single company, it is called an amalgamation or merger.
What are the key factors to consider when purchasing European car insurance for a single trip?
When purchasing European car insurance for a single trip, key factors to consider include the coverage options, cost, duration of coverage, policy limits, and any additional benefits or services offered. It is important to compare different insurance providers to find the best policy that meets your specific needs for the duration of your trip.
What type of coverage does your travel insurance policy offer for a laptop during a single trip?
Travel insurance policies typically offer coverage for personal belongings, including laptops, in case of theft, loss, or damage during a single trip. It's important to review the policy details to understand the specific coverage limits and conditions that apply to your laptop.
What is Commercial combined single-limit liability insurance coverage?
You're probably talking about Auto Insurance - and Liability can be written one of two ways: 1. With a separate limit for Bodily Injury per person and per accident, and a separate limit for Property Damage per accident; or 2. With one limit, combining both Bodily Injury and Property Damage per accident, also known as Combined Single Limit. Different limit options are usually available for either option, and these limits are often compared with buckets. If you have the first option above, you have three buckets, but one - Bodily Injury per person - takes limits from the Bodily Injury per accident bucket. Even if these limits are used up, you can't reach into the Property Damage bucket for Bodily Injury. With Combined Single Limit, you only have one bucket and all liability claims pull from that same bucket.
What factors determine how much you will pay for auto insurance?
Many, many factors are involved in figuring auto insurance. I have one company that uses 44 different rating factors to calculate auto insurance. It used to be simply: driver age, married or single, zip code, vehicle information, deductibles, limits of liability, and that was about all.
Why does it take several redox reactions in a cell to make water from hydrogen?
Hydrogen and oxygen combine explosively in a single reaction.
Function of demultiplexer?
A demultiplexer is a circuit. It has one input but more than one output. A demultiplexer gives binary information from one end to another. It is used to connect a single source to many destinations.
