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To calculate the equivalent property damage only (PDO) accident rate, you divide the number of PDO accidents by the total number of vehicle miles traveled (VMT) and then multiply by a standard factor, typically 1 million, to express the rate per million VMT. The formula is:
[ \text{PDO Accident Rate} = \left( \frac{\text{Number of PDO Accidents}}{\text{Total VMT}} \right) \times 1,000,000. ]
This provides a standardized measure to assess the frequency of property damage accidents relative to the amount of driving done.
What else can I help you with?
What does property damage liability car insurance cover in an accident?
Property damage liability car insurance will cover the individuals car and property that you hit. It will not cover anything to do with your vehicle if the accident is your fault.
A vessel operator involved in an accident must report the accident by the quickest means possible if property damage exceeds what amount?
y the quickest means possible if property damage
What coverage does third party property damage car insurance provide in the event of an accident?
Third party property damage car insurance provides coverage for damage to someone else's property caused by your vehicle in the event of an accident. This can include damage to another person's car, fence, or other property.
What does LSPDA mean?
Leaving the Scene of a Property Damage Accident
In Hawaii you must submit a written accident report if damage to property exceeds how much?
Any damage over $200.
A boat operator involved in an accident in the District of Columbia must report a boating accident if property damage exceeds how much?
Within 5 days if there is property damage of more than $250
How much property damage requires you to submit a written accident report for boating damage?
2,000$
Who pays for damage as a result of a car accident on private property in the State of Florida?
The At-Fault motorist (via their insurance) is liable for damage to property.
If your car slides into a ditch when you are trying to avoid hitting a dog and there was no damage to any property is that considered an accident in Colorado?
Honestly, not totally sure about your state, but in most...if there is no damage and it happens on private property, then it is not considered an accident.
In case of an accident with a property damage of 750 or higher to who should each driver file a report SR1 to?
In case of an accident with a property damage of $750 or higher, each driver must file a report (SR1) to the:
What is the charged for leaving the scene of an accident if there is no property damage?
The charge for leaving the scene of an accident without property damage can vary by jurisdiction, but typically it is considered a misdemeanor offense. Penalties may include fines, license suspension, and potentially even jail time depending on the circumstances and the laws in place. It's important to report any accident, regardless of the extent of damage, to authorities.
Can cop charge you with property damage in car accident when its your car damaged?
I would assume property damage is referring to whatever you hit or wrecked your car into.
