Car insurance will only cover up to the value of the vehicle – $27,000. But since you still owe $30,000 to the lender, you’ll need to come up with $3,000 out-of-pocket to satisfy the loan.But if you have GAP coverage, the shortfall will be covered by the insurance company....
Different Sources For Car Insurance Alberta, CanadaAdriana Noton
car may need repairing sometimes and one of your front tires or back tires may be flat or broken and you’ll have to get it repaired or buy a new one. Besides, you must pay a certain amount of money to the insurance company so that if your car happened to have an accident or even...
lost, or destroyed. This type of insurance is the most tangible form because it deals with physical assets, like cars and houses, which most people are familiar with through their own experiences. P&C coverage is typically short-term. When you purchase car or home insurance, for example,...
car may need repairing sometimes and one of your front tires or back tires may be flat or broken and you’ll have to get it repaired or buy a new one. Besides you must pay a certain amount of money to the insurance company so that if your car happened to have an accident or even ...
My car insurance is now due for insurance. Totally different policy, different company. Do I need to tell them about the above accident? And if so, as OH is also a named driver on the car policy do I have to tell them twice- once in the section under my details and again under his...
Cash value A component of a permanent life insurance policy that grows over time and allows you to make withdrawals, borrow against it and more. Death benefit The amount of money the life insurance company pays a beneficiary after the insured person dies. Permanent life insurance A type of lif...
例句-4:Dad, please hold your horses before you get mad at me. It was the other guy's fault -- the cop said so -- so his insurance company will have to pay for having the car fixed. 他说:爸爸一听儿子撞坏了家里的车子必然火冒百丈,...
In addition to the commonly discussed life insurance and health insurance, there are several other types of insurances that people need to be aware of. In general, an insurance is a contract between an individual (the insured) and an insurance company (the insurer) where the latter agrees to...
How Term Life Insurance Works When you buy a term life insurance policy, the insurance company determines the premium based on the policy's value (the payout amount) and factors such asage, gender, and health. Other considerations affecting rates include the company’s business expenses, how ...