Personal accident insurance is often available in conjunction with travel or rental car purchases. The cost can vary based on which insurance company is providing the coverage but is relatively low, perhaps $10-20 per day.
Personal accident insurance varies greatly in price depending on the company used, length of contract etc. It can be bought for as little as $10 to $20 per day.
You will need the basic liability insurance. This means that you will be covered for the other person's car if you are in fact responsible for the accident.
Nowadays the cost of hospitalization can cost you more than your average earning per month. That is why there is an accident and sickness insurance combine to help you pay for any unexpected medical expense without breaking that much off your savings.
Insurance for property can vary on the cost based on what you are insuring. The cost to cover just personal property is around $50 a year. The cost rises with needing to cover high value items and will be higher for actual homeowner insurance.
If you get into an accident in New Jersey and are not insured, it will cost you a substantial amount. The cost to repair the vehicle, pay the fines if responsible for the accident and possibly have to pay for some damages done to other vehicles or public property.
No, there is not much of a difference betwen the costs. Commercial auto insurance may sometimes cost more than personal auto insurance based on the size of the vehicle, but that's it.
Personal Injury Insurance is optional, therefore will vary depending on the plan of your choice. As a "no-fault" coverage, it is applicable in Ohio, and you can choose.
After an automobile accident the automobile insurance carrier will usually raise the rates of the liability 7-10% depending on the severity of the accident.
It depends on how much damage was done to the car and how much personal injury was caused by the collision. It could range from $500.00 to 500,000 or more.
If you were involved in an accident with this person then their insurance information will be listed on the accident report. If you were not involved in an accident then it is not your business who they have insurance with. Much of this is covered by the privacy laws so if you really have to know ask the person.
If the repair cost is higher that the ACV (actual cash value) of the vehicle, then, the vehicle is declared total loss. That is pretty much the only guideline used by Insurance co.