no
No, the insurance company has a responsibility to the lienholder first, then you get the balance of the settlement based on the local market value of your car. Insurance companies are not responsible for purchasing you a new car and the settlement is based on the value of the car you had an accident in. The settlement is not based on what it will cost to buy another vehicle.
By over insurance, insurance cos are burdened with over coverage (though against extra premia),though there is the possibility of claims being admitted on pro-rata basis.
For most states the minimum amount of insurance coverage that you need to carry on a motorcylce is around $5,000. This can vary from state to state though so be sure to contact your insurance agent.
The minimum coverage amount is $10,000. It depends on where you live and what company you use. I suggest you get good coverage though because you never know.
UM stands for uninsured motorist. This type of coverage is used to take the place of the other parties insurance in paying for damage to your bodily injury and property damage expenses if the other party does not have insurance. You can purchase various amount of UM coverage just as you can for your liability insurance though most companies will not let you buy more UM coverage than you do for your liability coverage.
All of the major insurance companies will now offer pet insurance. You can go with a specialist company though like VPI Pet Insurance if you want the top coverage.
Yes, you can have your own auto insurance policy. If you are a minor though, you will need your legal gaurdian to countersign your application for insurance coverage.
Usually yes. It depends on the brand of insurance though. You should check with your provider to be sure.
Your garage insurance should be covered by home owners insurance or renters insurance. I am not sure you would need liability insurance in a garage though, because no one else would be hurt in there.
You only get a rental if your policy specifies that you chose to pay extra to have rental car coverage. Having collision coverage is not the same thing as having rental. Collision coverage just covers the repairs to your vehicle. If you are not at fault for the accident, the other person's insurance will provide you with a rental car.
"full coverage" generally means including comprehensive and collision coverages. Though that doesn't include everything a policy offers, it's more of a slang term.
A medical assistant when working under the supervision of a employing physician should be covered under the employers insurance. The assistant could still get their own malpractice coverage though if additional security or a higher coverage limit is desired.
If the child and/or the estate has the funds to pay for the coverage the child can apply for individual coverage or take Cobra coverage. Even though the employee has passed any other family members on the plan at the time are eligible for Cobra coverage.