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Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
If you carry new car replacement coverage on your policy, your insurance company would pay for a brand new car rather than a six-month-old car (which would have been comparable to the vehicle that ...
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
Better car replacement vs. new car replacement: Some insurers offer better car replacement insurance, which compensates for your loss with a car that is one year newer and with 15,000 miles less ...
An auto insurance claim is essentially your way of notifying your insurance provider that you’ll need to use your policy to cover expenses after your car is damaged in a covered incident. The ...
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
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Basic above-ground pools can cost between $1,000 to $2,000, so you will likely have enough coverage if you need to file a claim. ... stringent underwriting and swimming pool insurance requirements ...
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