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Bodily injury liability and property damage liability.
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What coverage is provided when purchasing standard car insurance?
Coverage that is provided when purchasing standard car insurance are liability coverage and the legal right to drive. There are two liability coverages: bodily injury and property damage liability.
Which companies offer cheap liability car insurance?
Companies that offer cheap liability car insurance are Nationwide and GEICO. There are lots of other good brands out there but these are among two of the most trustworthy and award winning car insurance companies in the market.
How General Insurance Can Protect You?
"General insurance" is the umbrella term used by the insurance industry to describe all policies other than life insurance policies. This includes various types of insurance for individuals as well business policies. The two most common types of general insurance for individuals are automobile insurance and homeowners insurance, both of which can include property and casualty coverage. The two most common types of general insurance available for businesses are commercial auto liability and commercial general liability. Other commercial general insurance products include premise liability, professional liability, product liability and operations liability. An increasingly popular commercial product is business interruption insurance that provides the business owner with income should a disaster fall that is covered by other parts of his or her policy.
What types of car insurance will I find in Georgia?
There are several different types of car insurance available in Georgia. These include: collision and comprehensive coverage, to name two.
Which of these sentences describes liability automobile insurance coverage?
Auto liability insurance is a type of car insurance that covers the policyholder in the event that they cause an accident and are found to be at fault. It provides financial protection for the policyholder in the event that they are sued by the other driver(s) involved in the accident. Liability coverage typically includes two types of coverage: bodily injury liability and property damage liability. Bodily injury liability covers the medical expenses of the other driver(s) and any passengers in their vehicle. In contrast, property damage liability covers the cost of repairing or replacing any property that was damaged in the accident, such as another vehicle or a fence.
What are the different types of Physical Damage Car insurance?
Comprehensive and Collison are the two types of physical damage coverage.
What type of insurance do you need to run a car van rental business?
You will need two types of insurance. Commercial for hire vehicle insurance that covers the your vehicles while on the road. Since this type of vehicle insurance can easily cost more than 10 thousand dollars per year per vehicle, most rental car companies are self insured. The other Is Commercial general liability insurance for your company. Happy Motoring
What are the two types of insurance policy?
there are two types of insurance 1. Life insurance 2. General insurance
What are two types of insurance policies?
there are two types of insurance 1. Life insurance 2. General insurance
What are the two type of coverage provided by a homeowners insurance policy?
Property and Liability
What are the types of liability insurance?
In accounting terms, liability describes an obligation. It refers to money owed to complete a transaction, debt that has yet to be paid, or products or services that have been paid for but have not yet been rendered. There are two general classifications to sum up these types of liability: long term and short term/current liability. Long-term describes debt paid out over more than one year, while short-term liability refers to debt paid within a year or less. the two types of liability(in Business matter) are: 1.current liability 2.long-term liability
What kind of liability car insurance can I get for a driver in Florida?
In Florida, there are two laws to consider when purchasing liability insurance. First is the Financial Responsibility Law and the second is the No Fault Law. You must meet state minimum requirements for both laws. Compare quotes for best prices.
