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  2. What is full-coverage car insurance? - AOL

    www.aol.com/finance/full-coverage-car-insurance...

    Cost of insurance over 3 years 🟰[annual premium cost] ️[number of years] $2,400 🟰 $800 ️ 3 After three years, you'd have paid almost as much in premiums ($2,400) as you could ever ...

  3. What are the different types of car insurance coverage? - AOL

    www.aol.com/finance/different-types-car...

    For liability coverage, most insurance professionals advise that you purchase limits higher than state minimum levels to protect yourself against financial strain in the event of an at-fault accident.

  4. What does car insurance cover? - AOL

    www.aol.com/finance/does-car-insurance-cover...

    The policy declarations page will outline your limits, which is the maximum amount your auto insurance company must pay in a covered claim. You handle the rest of the expenses out of pocket, so ...

  5. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    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 ...

  6. Deductible - Wikipedia

    en.wikipedia.org/wiki/Deductible

    The consumer with the $6,000 deductible will have to pay $6,000 in health care costs before the insurance plan pays anything. The consumer with the $12,700 deductible will have to pay $12,700. [2] Deductibles are normally provided as clauses in an insurance policy that dictate how much of an insurance-covered expense is borne by the policyholder.

  7. Personal injury protection - Wikipedia

    en.wikipedia.org/wiki/Personal_injury_protection

    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 ...

  8. What is car insurance? - AOL

    www.aol.com/finance/car-insurance-145928623.html

    The average cost of car insurance in the U.S. is $2,545 per year for full coverage, but the cost can vary significantly, depending on the state in which you live. For example, while drivers in ...

  9. Stop-loss insurance - Wikipedia

    en.wikipedia.org/wiki/Stop-loss_insurance

    Insurance companies themselves, as well as self-insuring employers, purchase stop-loss coverage for a premium to protect themselves. [1] In the case of a participant reaching more than the specific (or "individual") stop-loss deductible ($300,000, for example), the insurer will reimburse the insured (the company, not the participant) for the remainder of the claim to be paid over that ...

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