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Auto liability insurance covers medical payments and property damage for others resulting from a car accident, which is why it is required in almost every state and Washington D.C. It helps ...
Property damage liability. This coverage is designed to pay, fix or replace other people's property you damage in an accident, whether it's their car, motorcycle, boat, bicycle, fence, mailbox ...
The insurance company will not pay more than $25,000 for property damage in repairs to the vehicle that the insured one hit. In the state of Indiana, the minimum liability limits are $25,000/$50,000/$10,000, [7] so there is a greater property damage exposure for only carrying the minimum limits.
Some coverage types help with medical bills, and others pertain to property and vehicle damage. In 2022, car insurance claims averaged $24,211 for bodily injury and $5,313 for property damage ...
The minimum coverage defined by German law for car liability insurance / third-party personal insurance is €7,500,000 for bodily injury (damage to people), €500,000 for property damage and €50,000 for financial/fortune loss which is in no direct or indirect coherence with bodily injury or property damage. [24]
Find out why car insurance is not negotiable and how you can save on your premium. ... $50,000 property damage liability per accident. $100,000 uninsured motorist bodily injury per person.
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