Search results
Results from the WOW.Com Content Network
In contract law, a severable contract (or "divisible contract") is a contract that is composed of several separate contracts concluded between the same parties, such that failing one part of such a 'severable' contract does not breach the whole contract. Therefore, the other party must still honor the other subparts and cannot cancel the whole ...
Tort insurance allows auto insurance companies to recover damages from the party that caused an accident. Tort insurance isn’t a separate policy but is instead a coverage option, and it may or ...
Legally required minimums only cover damage you cause. Even with comprehensive and collision, you're financially vulnerable. Learn top situations your standard car insurance won’t cover — and ...
Driver profile. Average annual full coverage premium. Clean record. $2,458. Coverage lapse. $2,705. 18-year-old (standalone policy) $6,687. DUI conviction. $4,713
In a nutshell, this means that, in a collision between a car and a cyclist, the driver is deemed to be liable to pay damages and his insurer (motor vehicle insurance is mandatory in the Netherlands, while cyclist insurance is not) must pay the full damages, as long as 1) the collision was unintentional (i.e. neither party, motorist or cyclist ...
The test of whether a clause is severable is an objective test—whether a reasonable person would see the contract standing even without the clauses. Typically, non-severable contracts only require the substantial performance of a promise rather than the whole or complete performance of a promise to warrant payment.
No-fault systems generally exempt individuals from the usual liability for causing bodily injury if they do so in a car collision; when individuals purchase "liability" insurance under those regimes, the insurance covers bodily injury to the insured party and their passengers in a car collision, regardless of which party would be liable under ordinary legal tort rules.
Delay, Deny, Defend is a critical exploration of the property and casualty insurance industry, examining how its practices affect policyholders.Feinman, a law professor specializing in consumer rights and insurance law, argues that the industry prioritizes profits over policyholders' needs, often using tactics like delaying or denying legitimate claims to bolster financial performance.