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  2. How do deductibles impact your car insurance? - AOL

    www.aol.com/finance/deductibles-impact-car...

    Collision deductible waiver: With this optional policy feature, your insurer will waive your deductible in certain situations, such as if the accident is caused by an uninsured or underinsured driver.

  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. 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.

  5. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    Indemnity insurance compensates the beneficiaries of the policies for their actual economic losses, up to the limiting amount of the insurance policy. It generally requires the insured to prove the amount of its loss before it can recover. Recovery is limited to the amount of the provable loss even if the face amount of the policy is higher.

  6. Is car insurance tax-deductible? - AOL

    www.aol.com/finance/car-insurance-tax-deductible...

    In those cases, the rideshare insurance add-on may be considered a business expense, and the associated cost could be tax-deductible. Other car-related deductions you may be able to claim

  7. How does auto liability work?

    www.aol.com/finance/does-auto-liability...

    If you cause an accident, your insurance will only pay up to your policy amounts. ... Each of the premiums below is for a full coverage policy with $500 in comprehensive and collision deductibles ...

  8. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...

  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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