Car Insurance Liability Coverage Reddit

There is some variation in exclusions and definitions between insurance companies. 1072020 Third-party liability insurance is mandatory coverage for all drivers in Canada.

How Quickly Must An Insurance Company Pay A Claim

User biggyww wrote in the following succinct comment in this Reddit discussion about full coverage vs liability insurance.

Car insurance liability coverage reddit. Coverage Required for Car Theft Insurance. 9112019 Minimum limits if driver purchases car insurance which is optional 25000 bodily injury liability per person 50000 bodily injury liability per accident 25000 property damage liability. Liability insurance helps cover costs related to injuries and property damage to others if youre at fault in an accident.

Im located in AB if that matters and have an auto policy with 1 mil in Liability coverage rental car coverage which covers the uhaul Im renting max limitation is 4500kgs GVW 10ft uhaul is 3900. So lets say your car is getting worked on and you rent a car. The churchs insurance policy is the one that needs to be involved here and you want high limits.

I am a loss adjuster for the an insurance company Canada and I deal specifically with auto liability claims. With comprehensive car insurance. 452013 Liability car insurance only covers the damage caused outside of your vehicle including property damage and bodily injury.

If you should get into an accident that isnt just a little fender bender you can be in serious trouble. It offers protection for drivers if theyre at fault in an accident and. The coverage for the car and the 3rd party liability amounts were both significantly better.

Robin-Bunny said 2-3million that may or. 1062020 If you have this amount of car insurance coverage your insurance company will pay for 50000 in bodily injury liability per person 100000 in bodily injury liability per. There is no way you carry enough personal liability on your personal auto to handle moderate injury claims from 5 passengers at once let alone 10 or 20.

The good news is if you have a personal auto insurance policy it probably provides the liability coverage. Coverage follows the car first always. Not only do you probably need more liability coverage-- almost all people do -- but the extra liability coverage is usually downright cheapDoubling your liability protection does not mean you pay twice as much for the extra coverage.

10252010 For example in april I rented a car for 4 days. A good example of the reason you want to have a large amount of liability insurance is your typical rear end collision. The types are fairly standard company to company and across different states.

I really recommend getting more coverage than your minimum limits it really costs very little in the big picture. Recently I was involved in another at fault not really but he had right of way with a company vehicle and completely different insurance company. This is actually the most important part of your insurance coverage because its the part of your insurance that is going to protect your from the largest indemnity aka if you get sued for a lot of money.

4132020 The collision and liability portions of your insurance will not cover you in the case of theft however. Liability car insurance will not protect you or your vehicle in the event of an accident. I have the funds to replace it if need be and its not worth 50 more a month for collision because I would need to be in an accident that totals the car or multiple accidents within Evey 4 yr period for it to cost less to buy insurance than self insure.

However when youre renting a car as a replacement vehicle your coverage would transfer to the rental car with all the same limitations of the car it was replacing. 292009 This is an introduction to car insurance most applicable for drivers living in the US. 332008 I go with liability because my car is only worth 2-3k kbb.

1152021 Types Of Car Insurance. Minimum insurance requirements are different in every state. 992020 Buy as much car insurance as you can afford.

Your auto policy is broken down into different coverage types. State minimum liability car insurance will not protect you because state car insurance minimums are too low. The rental agency wanted 30day for insuring the car itself from damage and 3rd party liability.

1282009 Auto Insurance I was involved in a rear end at fault October 2019 with my personal car and personal insurance. Even if the personal auto coverage transfers here then its not going to be sufficient. 332008 For car insurance get the most coverage that you can comfortably afford.

The people who insure my car charged me a 15 administrative fee 2 a day - 23 total. For example minimum amount of auto coverage in Minnesota 300006000010000. When you search up Reddit full coverage vs liability car insurance you find many interesting discussions on the topic.

In the event of a covered accident your limits for bodily injury are 30000 per. Many rental car insurance policies through credit cards dont offer this type of coverage. Its going to be snowing the day before my move and knowing they have no winter tires having no liability coverage really concerns me.

Your rental car is covered because your car could not have been used. With the exception of Virginia and New Hampshire every state requires some amount of liability coverage and.

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