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Comp, also referred to as comprehensive auto insurance coverage, is a form of coverage that is designed to pay to repair or replace your vehicle in certain situations. Covered scenarios that comprehensive auto insurance would pay include: theft, vandalism, fire, explosion, hail damage, wind damage, or hitting a live animal. The insurance company will pay up to the fair market value of your vehicle for repairs or replacing the vehicle. You will be responsible for paying your comprehensive deductible before the insurance company will payout.
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Do family members in California need workers comp insurance?
Workers comp insurance has nothing to do with family members. Workers comp insurance is an insurance policy that your employer will have on if in case you get hurt at work.
If your auto is damaged in a hit and run while parked in the driveway should you use the personal property rider on your auto insurance to cover it?
That would be considered a hit and run which would fall in the comp/coll portion of an insurance policy
What types of insurances does Highpoint Insurance offer?
The Highpoint Insurance group offers commercial insurance. Their specific offers are Commercial Property, General Liability, Workers Comp, Commercial Auto, and Management Liability.
Can you receive payment for pain and suffering from an insurance company for an auto accident that is covered under workman's comp?
It depends. Contact your insurance provider for clarification of the policy terms/limits.
Diffenance in commercial and non commercial insurance?
Commercial Insurance is for a business. (general liability, worker's comp, etc.) The term "non-commercial" insurance isn't generally used. There is commercial insurance and personal insurance (i.e. homeowners, personal auto)
What sort of liability insurance does one need for a sole-proprietor transportation business?
Commercial auto insurance General liability insurance Highly recommend you incorporate to remove the liability from your personal assets work comp if you hire drivers
What is the ratio of the insurance cost of Worker's Comp to Liability Insurance?
Usually workers comp is less than the Liability Insurance. The Liability is based off of the gross receipts where as the workers comp is the number of employees and their hourly rate.
If you have a fully comp insurance can you drive any group of car third party?
No, You should refer to your Insurance policy terms and conditions or ask your Insurance Agent. Certain vehicles such as Commercial vehicles and others are excluded from coverage on Personal Auto Insurance policies.
Where can I find that absolute best rates on comprehensive insurance in North Carolina?
Farmers Insurance offers the lowest rates on Auto comp in North Carolina. You can find a local Farmers agent for more information.
Who has to have workman's comp insurance?
Everyone!
What does the workers comp insurance company need from the employer?
The workers comp insurance company requires the employer to insure all the employees.
What are the benefits of Liberty Mutual Workers Comp insurance?
There are many benefits of Liberty Mutual Workers Comp insurance. The best benefits to Liberty Mutual Workers Comp insurance would be the ability to get money when an employee gets injured.
