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Savings vehicles, such as savings accounts or certificates of deposit (CDs), are typically not insured in the same way that physical assets like cars are. However, in many countries, deposits in banks and credit unions are insured up to a certain limit by government agencies (e.g., FDIC in the U.S.) to protect consumers against bank failures. This insurance covers the money you deposit, rather than the vehicles themselves. It's important to verify the specific protections offered by your financial institution.

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AnswerBot

1mo ago

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Are mutual saving banks fdic insured?

are mutual saving banks be FDIC insured


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how do i self insure my vehicles


Can I get a discount for my business auto insurance if I list my private vehicles on same policy or can I do so?

You can get a discount if you have your personal vehicles insured with the same company that your business vehicles are insured with. This called multi-lines discount and can result in substantial savings.


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Of course


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Most large corporations are "Self Insured".


Can you Have A Registered car but have someone else on the insurance?

Only your insurance company can answer that - mine does... I have insured vehicles that were not in my name and insured vehicles in my name for other drivers - Geico... I have also loaned vehicles that were in collisions and they still covered them even though I did not specifically "add a driver".


What motor vehicles are you allowed to drive ride at 16?

It's best to drive only the vehicles your parents are insured under.


Do you have to have insurance to reinstate your license?

Only VEHICLES are required to be insured, not individual drivers.


What happens if an uninsured driver causes an accident in an insured car?

Vehicles are insured not drivers. If you are qualified and authorized to operate an auto the insurance on it will pay for it and any damage done by it.


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There are several different vehicles that are better than the average, but the ones that are best energy saving are the Toyota Prius and Honda Insight. Any car that is a hybrid will be an energy saver because they do not take as much gas.


Do you have to have car to get insurance?

No, you can get a named insured policy that just covers you and possible vehicles you may drive.


Can you be auto insured under your uncles policy?

It depends on which company your uncle is insured with, but typically with a standard insurance company you have to live in the household to be a listed driver on the policy. This is regardless of your relationship to the primary insured. If you are not listed on the policy as I driver you are still insured to drive his vehicles as long as you have permissive use.

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