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2. Liability waiver - Wikipedia

   en.wikipedia.org/wiki/Liability_waiver

   Courts may refuse to enforce a general liability waiver if it fails to inform the signer of the specific risk that caused the injury. [2] Liability waivers include pre-accident releases and model releases (for pictures). Reckless or intentional actions can never be disclaimed and liability resulting from a faulty product cannot be waived in the ...

3. Damage waiver - Wikipedia

   en.wikipedia.org/wiki/Damage_waiver

   Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]

4. Knock-for-knock agreement - Wikipedia

   en.wikipedia.org/wiki/Knock-for-knock_agreement

   The rationale is economic and administrative efficiency: While an insurer may be able to pursue a recovery from the party responsible for an accident or from its policy-holder, this is a costly administrative procedure. The knock-for-knock agreement simplifies recovery claims among insurers and, over time, attributes costs fairly among insurers.

5. What you need to know about New Jersey car insurance laws - AOL

   www.aol.com/finance/jersey-car-insurance-laws...

   For instance, if you run a red light and hit another driver in an intersection, causing $30,000 in damage to their vehicle, your minimum property damage liability coverage would only cover $25,000.

6. Vehicle insurance in the United States - Wikipedia

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

   Bodily injury liability coverage is also usually split into a maximum payment per person and a maximum payment per accident. The limits are often expressed separated by slashes in the following form: "bodily injury per person"/"bodily injury per accident"/"property damage". For example, California requires this minimum coverage: [5]

7. Colorado car insurance laws

   www.aol.com/finance/colorado-car-insurance-laws...

   For example, if you cause an accident that results in $30,000 in property damage, and you only carry the mandated minimum of $15,000 in property damage liability coverage, you would be responsible ...