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Property damage liability coverage pays to repair the damage you cause to others’ property — not your own — in an at-fault accident. Your insurance company will probably write this as a ...
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.
ORS 811.140 Reckless driving • penalty (1) A person commits the offense of reckless driving if the person recklessly drives a vehicle upon a highway or other premises described in this section in a manner that endangers the safety of persons or property. (2) The use of the term recklessly in this section is as defined in ORS 161.085 ...
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] Insurance companies usually ...
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Under this formula, duty changes as circumstances change—if the cost of prevention increases, then the duty to prevent decreases; if the likelihood of damage or the severity of the potential damage increases, then duty to prevent increases. There are other ways of establishing breach, as well. United States v. Carroll Towing Co., 159 F.2d 169 ...
The increase in natural disasters spills over to insurance companies, which pay out claims for weather-related damage to cars. A spike in claims correlates directly to rising premiums.
[28] [29] Where a mental injury arises from a physical injury—as with a traumatic brain injury caused by a car accident—auto insurance policies normally cover the injury. In insurance, "personal injury," as typically defined, does not include mental injury that occurs as a result of defamation, false arrest or imprisonment, or malicious ...