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Motor Trade Road Risks Cov a Insurance Coveainsurance Co Form

Motor Trade Road Risks Cov a Insurance Coveainsurance Co Form

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did you know that liability car insurance is legally required in Most states and protects you from financial disaster after an accident stick around to learn how it works and why it's so important liability car insurance covers damages and injuries you cause to others in an accident it's divided into two main parts bodily injury liability which pays for medical expenses and property damage liability which covers repairs to someone else's vehicle or property the average cost of an accident involving bodily injury is over 20 ,000 while property damage averages around $4,700 without liability insurance you'd have to pay these costs out of pocket liability coverage is often listed as three numbers like 50 150 this means your insurer will pay up to $50,000 per person for injuries $100,000 per accident and $50,000 for property damage but if the costs exceed these limits you'll be responsible for the rest that's why experts recommend higher limi

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