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If you are found to be liable for damages in an accident and your insurance is insufficient to cover the cost, you will personally have to come up with the cash.

The other driver in an accident (or their insurance company) may attach a lien on your house or other assets to obtain the amount in question. This is why homeowners generally take care to have larger amounts of car insurance, so they don't risk losing their house.

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Arvid Renner

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2y ago

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Related Questions

Which one of these would probably occur from under coverage?

Results not reflecting the population (APEX)


What of these would probably occur from under-coverage?

Under-coverage occurs when certain groups within a population are inadequately represented in a survey or study, leading to biased results. This can result in skewed data that does not accurately reflect the views or behaviors of the entire population. Consequently, important insights may be missed, and policies or decisions made based on the findings could be ineffective or harmful, as they do not account for the perspectives of the underrepresented groups.


Imagine a study that is intended to look at the entire population of a city It draws a sample from names in the phone book What type of bias would most likely occur?

Under-coverage


What auto insurance coverage is glass replacement under?

It would normally be part of the comprehensive coverage.


Will full coverage cover if your car caught fire?

Yes, that would be under your comprehensive coverage.


Imagine a study that is intended to look at the entire population of a city. It draws a sample from names in the phone book. What type of bias would most likely occur?

Under-coverage


What Under-coverage might occur if a survey on technology asked questions of?

Under-coverage may occur if the survey on technology only targets a specific demographic (e.g., only young adults) and excludes other age groups or socio-economic backgrounds. This could result in a biased representation of technology usage and attitudes. It is important to ensure that the survey sample is diverse and representative of the target population to minimize under-coverage.


A sample that does not reflect the population would result from?

Under-Coverage


Does your child have medical coverage after he graduates from college?

If your child is covered under your insurance while in college, the coverage probably ends in the month that the child graduates. You can probably purchase Cobra coverage at a higher rate until the child buys his or her own coverage. You should check with your insurance agent (or the actual policy if you have it) to be sure of the ending date of your graduate's coverage.


Do you need insurance coverage on above ground pool?

The pool would be covered under Coverage B "other structures" of your policy. Any structure not attached to your home is covered under Coverage B.


What can happen if you do not notify your insurance company that you are driving under a suspended license and have had an accident?

They will probably try to deny coverage on your claim. Did you inform them that your license was suspended? Probably not, I imagine.


Are Residents excluded from homeowner's liability coverage?

if they don't meet the definition of an insured (related to you or under 25 and in your care) then they would be excluded from coverage