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Drivers become subject to the liability insurance law when accident damages amount to how much?
Wiki User
∙ 8y ago
Drivers become subject to the liability insurance law when accident damages amount to a state-specific threshold, commonly set at around $500. This means that drivers must carry liability insurance coverage to pay for damages they cause in an accident, once the threshold is reached.
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What is the law on auto liability insurance in Tennessee?
In Tennessee, drivers are required to carry auto liability insurance that meets the state's minimum coverage requirements. The minimum liability coverage limits in Tennessee are 25/50/15, which means $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $15,000 for property damage per accident. Failure to carry the minimum required liability insurance may result in penalties such as fines, license suspension, or vehicle registration suspension.
Does liability insurance cover punitive damages?
In most cases, liability insurance does not cover punitive damages. Punitive damages are imposed as a punishment to the defendant for extreme negligence or intentional harm, and are typically not covered under standard liability policies.
What happens when you get into an auto accident that is your fault and the demands of the other drivers claim is higher than your liability limit on your insurance?
If the other driver's claim exceeds your liability limit, you may be personally responsible for paying the difference. This could involve using personal assets or savings to cover the additional costs. In such situations, it's advisable to consider purchasing higher liability limits or an umbrella insurance policy for added protection.
By law do you have to get liability insurance for a wedding?
Liability insurance is not legally required for weddings, but it is recommended to protect against potential accidents or damages at the event. Some venues may require liability insurance as part of their rental agreement.
What happens if you have a permit and got in an accident in your girl friends car and the other party sets forth a law suit against you?
If you were driving your girlfriend's car with a permit and got into an accident where the other party sues you, your girlfriend's insurance may cover the damages if she has insurance on the vehicle. However, if the damages exceed the insurance coverage, you may be personally liable for the remaining amount. It's important to consult with a legal professional to understand your specific situation and determine the best course of action.
Drivers become subject to the liability insurance law when accident damages amount to?
You are subject to liability insurance requirements whether or not an accident occurs. An accident has nothing to do with liability requirements. You are required to have liability insurance of at least the minimum required by your state before getting into a vehicle and driving it. Driving is what triggers the law.
Driver bacome subject to the liability insurance law when accident damages amount to?
The amount of a claim from an accident has no bearing on the drivers legal requirement for financial responsibility. All drivers are required to carry financial responsibility before they drive. whether or not they have had an accident
When is liability insurance needed?
When you cause an accident that damages another vehicle or hurts someone
Driver become subject to liability insurance law when accident damages amount to?
You are subject to liability insurance requirements whether or not an accident occurs. An accident has nothing to do with liability requirements. You are required to have liability insurance of at least the minimum required by your state before getting into a vehicle and driving it. Driving is what triggers the law.
What is the difference between liability insurance and full coverage?
Liability insurance pays for someone else's damages if an accident is your fault but won't cover your vehicle. Full coverage provides liability insurance as above but will also cover your damages to your own vehicle in an accident regardless of whose at fault, as well as theft, fire, etc.
If someone hits your car and you have no insurance will their insurance cover your car if they were totally at fault?
Yes. All registered drivers are required to hold liability insurance, which means that if they cause an accident, their insurance will pay for damages to the other peoples' cars. So, if the person does hold the required insurance, and is entirely at fault, your damages will be covered.
In Michigan if you are in an accident not at fault and have liability insurance only is the driver at fault responsible for damages to your car?
yes
If a friend borrows your car and gets in an accident does your auto insurance cover damages?
Depends. If said friend has insurance then in most cases their insurance will cover the damages due to vicarious liability. If the friend does not have insurance, you are then responsible for any damages caused.
What kind of protection does auto insurance give?
Liability insurance financially protects a driver who is not a fault in an accident by paying for damages. It will protect the driver who is at fault from being sued for damages.
What does liability coverage mean?
Liability coverage covers you if you are found liable or at fault for damages. In the case of auto insurance, for example, this coverage pays for damages you cause in an accident that is you fault. This coverage will NOT cover your car damage, however. Just the other drivers car, medical bills, & other property damage.
If you are driving without insurance and have an accident in which the other driver is at fault can you claim damages from his insurance company?
Yes you can. You may still receive a citation for not having insurance, however, the legal liability for the accident does not rest with you so the adverse party's insurance carrier will owe for your damages and/or injuries.
What is liability insurance?
Vehicle liability insurance is insurance that only covers the other car. That means that if you get in a wreck, you are liable for what happens to your car. It also means that that your insurance company will pay for the damages to the other person's car if the accident is found to be your fault, but if it is the other person's fault, then their insurance will pay for the damages to your car.
