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What else can I help you with?
What limit is most advisable for UM coverage same as limit of Liability or take the state minimum?
It is customary to have the same limits on UM as you would have for your own liability limits.
What means liability?
A limitation (a cap) of liability clause is a contractual provision that restricts the amount of damages a client can recover from a company. Uncapped liability is a liability without a limit.
What does uncapped liability mean?
A limitation (a cap) of liability clause is a contractual provision that restricts the amount of damages a client can recover from a company. Uncapped liability is a liability without a limit.
What type of insurance is required on cars in Alabama?
Alabama's one of the states that requires minimum liability insurance. Alabama stipulates that an individual who has minimum liability insurance must have insurance that will cover the following Bodily Injury Liability: $25,000/$50,000 Limit Property Damage Liability: $25,000 Limit.
Can you drive in Pennsylvania without insurance?
No. You must at least have liability insurance bodily injury liability limit of $15,000 per person, $30,000 per accident, and $5,000 property damage limit.
Personal liability limit on homeowners insurance?
Is this seems like an incomplete question. Homeowners policies typically have personal liability on them.
Do you have to have a business name to take out general liability ins?
A business name is not required to obtain general liability insurance for your business. It is recommended that you incorporate your business to limit your liability.
Activity Release of Liability?
Get StartedThe Activity Release of Liability document is signed by a planned participant and given to the operator of some sort of activity, such as an outdoor event, an organized trip or an athletic event. The participant releases the operator from liability for any injuries or damages which arise out of such participation. In addition, a parent or guardian can provide consent for his or her child to participate in the activity. Finally, the document gives the operator temporary authority to seek medical treatment for minors should the need arise. This is especially important if the parent or guardian will not be accompanying his or her children in the activity (for example, sending a child on a chaperoned church youth trip).Although the Activity Release of Liability document is designed to limit the liability of the operator for an injury to the participant, it does not protect the operator for damages or injuries caused by the operator's negligence or willful acts. Further, an injured party may try to ignore the release. Therefore, it is highly recommend that the operator, in addition to requiring the release, also maintain adequate liability insurance to further limit the operator's exposure to liability.
Release of Liability?
Get StartedThe Release of Liability document is signed by a hopeful participant and given to the operator of some sort of activity, such as an outdoor event, an organized trip or an athletic event. The participant releases the operator from liability for any injuries or damages which arise out of such participation. In addition, a parent or guardian can provide consent for his or her child to participate in the activity. Finally, the document gives the operator temporary authority to seek medical treatment for minors should the need arise. This is especially important if the parent or guardian will not be accompanying his or her children in the activity (for example, sending a child on a chaperoned church youth trip).Although the Release of Liability document is designed to limit the liability of the operator for an injury to the participant, it does not protect the operator for damages or injuries caused by the operator's negligence or willful acts. Further, an injured party may try to ignore the Release. Therefore, it is highly recommend that the operator, in addition to requiring the Release, also maintain adequate liability insurance to further limit the operator's exposure to liability.
Can General Liability Insurance also include Garage Liability Insurance?
Yes it can. In fact, a policy written on a "Garage Liability Form" will show a limit for "Auto" and then also show a limit for "Other than auto". Auto liability is basically due to the fact that the garage will test drive autos while fixing them. Other than auto is the premises or general liability. This shows that garage liability will also include general liability on the declarations page.
How does one get a release of liability?
One gets a release liability when property is newly purchased by someone. When the property is purchased the release liability ensures that the owner of the property will pay of debt.
Commercial property insurance - application of deductibles - does application of deductibles reduce the limit of liability afforded?
Not sure if you are talking about liability or property. No deductibles apply to liability coverage. Deductibles do not reduce your coverage amount but to get full limits, you would need a loss to exceed you limit by your deductible amount. If you have coverage limit of $100,000 and a $1,000 deductible, your loss amount would have to equal $101,000 or more to receive the full $100,000 limit on your policy
