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Some states and insurers use this type of insurance to pay for costs following a hit-and-run insurance claim. Exactly how this coverage may be used, however, can vary from state to state and from ...
The owner of the policy pays a premium to the insurance company to include this clause. Although not exclusive, this coverage is typically added to an automobile insurance policy. In the event of a qualifying accident, the insurance company pays the difference between what the uninsured driver can pay and what the injured driver would be ...
Ohio auto insurance requirements are referred to as the 25/50/25 rule. This means that drivers are required to maintain the following levels of coverage: $25,000 in bodily injury liability ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
It was created under the authority of section 121.02 of the Ohio Revised Code (ORC) and is administered by the Director of Insurance. Insurance companies operating in the state of Ohio are subject to regulation under Title 39; and depending upon the entity of the organization, Chapters 1751 and 1753 of the ORC. ODI is charge with seeing that ...
A hit-and-run accident would probably mean paying even more. 5 things to do after a hit-and-run in Michigan In addition to stopping, drivers must take certain steps following any accident to stay ...
Hit-and-run is outlined in Article 5-3 of the Act on the Aggravated Punishment, etc. of Specific Crimes. There are two sections to this Act. If the driver runs away after killing or causing the death of a victim, Section 1 proscribes the minimum sentence as five years in prison (with a possible 5 million-30 million won fine) with the maximum ...
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