an auto insurance policy dec page will list the liability insurance limits as well as any other coverage in the policy, such as collision or uninsured motorist, and the applicable deductibles
Most states have laws that require all drivers to have some degree of insurance coverage if they plan to drive a vehicle in the state, often to cover bodily harm and liability for property damage.1Collision coverage is not always part of these basic mandates though. You may choose to add ...
Understanding the differences between these two types of insurance can help you make informed decisions when it comes to choosing the right coverage for your needs. In this article, we will delve into the specifics of liability insurance and collision insurance, including their coverage differences, ...
Add-ons likenew car replacement coveragecan boost the price, but the benefits may be worth it to you. That's why it's important to compare policies with the same coverage limits when you shop around. » MORE:The difference between comprehensive and collision coverage ...
Collision coverage helps pay to repair or replace your vehicle if it's damaged in a collision with another vehicle or object (such as a fence). Remember, collision coverage helps protect your vehicle, while property damage liability helps pay for damage you cause to another driver's vehicle. ...
Liability coverage:Liability coverage is the most basic and essential type of insurance coverage that is required in almost all states. It covers damages or injuries you may cause to another person or their property in an accident where you are found at fault. This coverage provides financial pro...
Super Collision Damage Waiver (SCDW) and Super Loss Damage Waiver (SLDW) Think of SCDW as a premium version of CDW. It covers you for most of the exclusions present in the CDW option offered by the car rental company. It also reduces your excess down, in most cases, down to zero. ...
Some examples of when you may use your umbrella policy as your primary coverage include: Claims of libel and slander False arrest, imprisonment or detention Invasion of privacy Malicious prosecution Wrongful eviction or entry What is the difference between umbrella insurance and excess liability ...
Do you need collision coverage for that old car, or is the mandatory liability coverage—the coverage that protects you when an accident is your fault—adequate? How about life insurance—is it necessary at this point? Those are the kinds of questions to ponder. What types of insurance are ...
Most states require at least basic liability insurance to cover any damage you cause to others or their property. You can also add collision or comprehensive coverage to your car insurance policy. Collision covers damage to yourcar, if you're at fault. Comprehensive covers damage that's not du...