“Collision insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/collision%20insurance. Accessed 5 Jan. 2025. Copy Citation Share Post the Definition of collision insurance to Facebook Facebook Share the Definition of collision insurance on Twitt...
Define Collision Insurance. means collision insurance coverage on Equipment in excess of $5,000 to be provided by KISTA from the Insurance Reserve Fund; Participating Districts being responsible for damages up to $5,000 for each separate incident from th
Collision insurance definition: insurance protecting an automobile owner against loss or damage to the automobile resulting from a collision or other accident.. See examples of COLLISION INSURANCE used in a sentence.
Full coverage insurance has no official definition, but it typically includes collision insurance, comprehensive insurance and other state-required coverage types so that you and others are protected in more situations. About the author Ryan Brady Ryan Brady is a lead writer on the small-business ...
Let’s start with a collision insurance definition: collision insurance is a type of auto insurance thatcovers damagesto your car in an accident, when it hits another car or an object such as a light post or fence or when it’s in a single-car accident that involves rolling over. Althoug...
No claim on the insurance company arises, if the risk does not take place. The latter part (i.e. ii) of the definition given above points out to life insurance; while the former part (i.e. i) points out to other types of insurances. ...
Additionally, standard auto insurance may also include other types of coverage, such as: Collision Coverage:This coverage protects your vehicle in the event of a collision, regardless of fault. It helps cover the cost of repairs or replacement of your car, minus your deductible. ...
(Collision loss to the vessel itself is part of the hull coverage.) The RDC clause covers negligence of the carrier or shipper that results in damage to thepropertyof others. A companion clause, theprotection and indemnity clause (P and I), covers the carrier or shipper for negligence that...
(Collision loss to the vessel itself is part of the hull coverage.) The RDC clause covers negligence of the carrier or shipper that results in damage to thepropertyof others. A companion clause, theprotection and indemnity clause (P and I), covers the carrier or shipper for negligence that...
lender may require that you have them. The lender wants to protect the vehicle’s value since it serves as collateral for the loan. Even if you aren't required to have collision or comprehensive insurance, you may want to buy it unless you could easily pay a major repair bill out of ...