Which one of the following types of coverage would pay for damage to your automobile in an accident for which you were at fault?

What are the 3 types of car insurance?

What are the 3 main types of insurance?

Then we examine in greater detail the three most important types of insurance: property, liability, and life.

Does full coverage cover at fault accidents?

So what does full coverage car insurance cover? In most cases, it includes liability, comprehensive, and collision coverage. Collision and comprehensive will protect you and your vehicle if you get into an accident. If you're found at fault for an accident.

Which of the following damages would be covered under the liability coverage of the personal auto policy?

Liability coverage usually provides a maximum of $50,000 for bodily injury (to any one person), $100,000 for bodily injury per accident, and $50,000 for property damage. Under liability coverage, the following people are protected: The named insured or family member (child, spouse).

What is a liability insurance coverage?

Liability insurance helps cover medical and legal fees if you're held legally responsible for someone else's injury, or damage to someone else's property. Drivers are required to carry liability insurance in nearly every state.

What does collision coverage mean?

Collision insurance is a coverage that helps pay to repair or replace your car if it's damaged in an accident with another vehicle or object, such as a fence or a tree. If you're leasing or financing your car, collision coverage is typically required by the lender.

What is the difference between comprehensive and collision insurance?

Generally, collision coverage comes into play because a driver gets into a car accident. Comprehensive is a separate coverage from collision. It helps cover different types of losses that are usually not the result of driving the vehicle, such as theft, hail or fallen trees.

What does collision coverage pay for quizlet?

collision coverage pays for damage to your car from an accident regardless of fault.

Which type of automobile insurance covers the cost of damage caused by fire theft or vandalism?

Comprehensive insurance coverage protects your vehicle against unexpected damage that's not caused by a vehicle collision. Such incidents may include: Theft. Vandalism, fire, and explosions.

What are the 4 types of insurance?

What is full coverage car insurance?

“Fully comprehensive car insurance gives you the highest level of protection from an accident, regardless of whose fault it was. It can cover repairs, personal injury claims and damage to property - usually for you, your vehicle and any other vehicles involved.

Which of the following coverages under the personal auto policy protects the insured against drivers who do not have adequate auto liability insurance limits?

Which of the following coverages under the Personal Auto Policy protects the insured against drivers who do not have adequate auto liability insurance limits? Underinsured Motorist Coverage -- Uninsured Motorists Coverage applies only when the at-fault driver is uninsured.

Which of the following claims would be covered under the personal injury endorsement attached to an HO 3 policy?

Which of the following claims would be covered under the Personal Injury Endorsement attached to an HO-3 Policy? Liability arising from publication of material that violates another person's right of privacy - All are excluded under the unendorsed HO policy.

Which of the following would not be covered under liability section of a personal auto policy?

Under the liability portion of your policy, coverage is generally excluded in the following situations: Damage or injury is intentional. There is duplicate coverage (e.g., claims covered by workers' compensation)

What's the difference between liability and full coverage?

Liability and full coverage car insurance are different, but full coverage includes liability. Liability coverage protects you from the other driver's expenses should you cause an accident, while a full coverage policy also covers your own vehicle's damages, regardless of whether the damage is from a collision or not.

What is the difference between full coverage and comprehensive?

The difference between full coverage and comprehensive insurance is that full coverage is a car insurance policy that includes both comprehensive and collision insurance along with the state's minimum requirements. Comprehensive insurance covers damage to a car from things other than accidents, like theft or fire.

What is the meaning of full coverage?

Many lenders, agents, and car dealerships describe "full coverage" auto insurance as liability plus comprehensive and collision. Your lender may use the term "full coverage," but that simply means they're requiring you to carry comprehensive and collision, plus anything your state mandates.

What is general insurance and example?

Definition: Insurance contracts that do not come under the ambit of life insurance are called general insurance. The different forms of general insurance are fire, marine, motor, accident and other miscellaneous non-life insurance.

What is the difference between casualty and liability insurance?

Liability insurance protects your business from lawsuits -- both the legal costs and the settlement or judgment costs, if any. General liability covers injuries and damages that occur in the course of doing business. Casualty insurance focuses on injuries on your business premises and crimes against it.

What is first second and third party insurance?

First-party refers to the insured individual, second-party is the insurance provider, and third party is the person towards whom damages are owed by the first-party in an accident.