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At what value of your automobile should you change from full coverage to liability?
Wiki User
∙ 18y ago
It all depends check your blue book if your car is worth a price that you consider good keep full covarege especially if you are still making payments. If the price on the ble book is not so much compare how much you will be paying for full covarege in one year then estimate the difference if it almost comes out to an amout with not much of a difference go liability because most important that the other Vehicle is cover under the law to protect your Licencese because new or old you always end up with nothing for your self unless injuries are claimed. If new they pay off in accordance with blue book value n you pay the rest and if old they give you a We are sorry and a few bucks.
Wiki User
∙ 18y ago
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What is liability coverage?
LIABILITY COVERAGE Refers to coverage for liability that an individual has if he or she should negligently injure another person or another person's property.
Does liability coverage cover injuries to another person?
It should.
Does liability pay for injuries?
It should to others, but if you have liability only, you may have only the minimal coverage req'd.
I need cheap car insurance, so should I just purchase liability coverage, or go with full coverage?
If the car you have is new, it is safer to go with full coverage. If it is old there is likely little reason to bother paying for more than liability coverage.
Fire Legal Liability Insurance for unoccupied home?
Homeowners coverage should satisfy requirements.
Where can one buy liability insurance for a personal chef business in California?
You should be able to find liability coverage from any Property & Casualty agent in CA excluding those that do only personal lines (home & auto). You are probably looking at two different types of liability coverage. First is general liability which coverage your business and second Errors 7 Omissions which covers your work product.
Does Texas liability insurance cover if the two cars involved in the accident are register under the same persons name?
Here is the problem with that,"It is not legally possible to be liable to ones self"So no, liability only coverage will not cover damage to your own property, That's what the comprehensive and collision coverage is offered to you for when you purchase your auto insurance. Comp and Collision provides coverage for your own property, Liability provides coverage for property and injury of others.If you bought liability only, there is no coverage for your own property.Answer:It should, and if it doesn't, there should be other parts of the policy that can pay out. Coverages such as uninsured motorists or medical payments.
What public liability is need for fitness classes?
General Liability Insurance is what is needed for the Class Facility or Premises location where the classes are held. General Liability Insurance provides coverage for slip and fall and other premise related claims.Professional Liability Insurance should be obtained for the Instructors. Professional Liability provides coverage for claims related to malpractice and competency of the professional instructor.Answerschools
Is bridge design failure covered in insurance?
Errors and Omissions Professional Liability Coverage carried by the designer/engineer should provide the coverage for which you are looking. Underwriting professional.
Understanding Personal Liability Insurance?
Personal liability insurance is important standard homeowners and auto insurance policies do not cover claims against individuals that result from catastrophic situations or in legal decisions. Without this kind of insurance, every individual can encounter serious financial harm if they are ever found to be responsible for extreme injury or property loss. Most insurance agents have the ability to write policies for personal liability, so does he are interested in this type of coverage should ask the agent next as they review their policy. Before purchasing separate personal liability, the insured person should first make sure they have as much personal liability coverage through their automobile and homeowners insurance policies.
What if my car is in a friends GARAGE and it burned down including my car?
Homeowners insurance does not cover automobile losses.If you have full coverage insurance on your car you can seek coverage from your auto insurer.If you have only liability insurance then that is just the chance you take in opting not to obtain full coverage.AnswerIf you had full coverage insurance, it would pay for it. If he had insurance on the building, there should have been coverage for contents. He would collect and you would have to get him to pay you for your car. You might have to sue him for it if he doesn't want to pay.
If you only have liability insurance and someone hits your car and leaves should your insurance cover the damages done to your car?
No. Physical Damage coverage to your own vehicle would be covered in this instance if you purchased the coverage, but liability only would not repair the damages.
