What is Personal/Family Auto Insurance?
In the United States, auto insurance covering liability for injuries and property damage done to others is compulsory in most states. Auto insurance is governed by the state instead of by the federal government. For example, the state of New Hampshire does not require motorists to carry liability, while Virginia residents must pay the state a $500 annual fee per vehicle if they choose not to buy liability insurance. North Carolina requires that a driver hold liability insurance before a license can be issued.
Penalties for not purchasing auto insurance vary by state, but often involve a substantial fine or license suspension along with possible jail time in some states.
Usually, the minimum required by law is third party insurance to protect third parties against the financial consequences of loss, damage or injury caused by a vehicle.
A deductible is a fixed contribution you must pay each time your car is repaired through your car insurance policy. Typically the payment is made directly to the place that is doing the repairs. If one’s car is declared to be a “total loss” or a “write off”, the insurance company will deduct the excess agreed on the policy from the settlement payment it makes to you.
If the accident was the other driver’s fault, and this is accepted by the third party’s insurer, you’ll be able to reclaim your excess payment from the other person’s insurance company.
- Home
- AAA-Test
- Accounting Insurance
- Acupuncture Insurance
- Adult Daycare Insurance
- Advertising Agency Insurance
- Amazon Seller Insurance
- Apartment Building Insurance
- Appliance Repair And Service Business Insurance
- Assisted Living Facility Insurance
- Auto Dealers Insurance
- Auto Service Repair Shop Insurance
- Builders Risk Insurance
- Business
- Business Interruption Insurance
- Business Owners Policy
- Call Center Insurance
- Camp Insurance
- Cannabis Growers Insurance
- Catering Insurance
- CBD oil and Hemp Insurance
- Cemetery Insurance
- Certificate of Insurance
- Church Insurance
- Commercial Auto Insurance
- Commercial Auto Insurance
- Commercial Auto Insurance
- Commercial Disability Insurance
- Commercial Flood Insurance
- Commercial Health Insurance
- Commercial Package Policy
- Commercial Tow Truck Insurance
- Commercial Umbrella Insurance
- Condo Insurance
- Construction Vehicle Insurance
- Contact Us
- Corporate Office Insurance
- Courier Insurance
- Crematory Insurance
- Cyber Liability Insurance
- Data Breach Insurance
- Dump Truck Insurance
- Duplex Rental Property Insurance
- Employment Practices Liability Insurance
- Farm and Ranch Insurance
- Farm and Ranch Insurance
- Funeral Home Insurance
- General Liability Insurance
- Health Insurance
- Homeowners Insurance
- individual-quote
- Ins Form 1
- Ins Form 2
- Ins Form 3
- Insurance Quote Step 2
- Insurance Quote Step 3
- Insurance Quotes
- Key Insurance – Commercial Insurance
- Key Insurance Agency
- Landing Page
- Life Insurance
- Limited Liability Company Insurance
- Logging Truck Insurance
- Manufacturing Insurance
- Medical Marijuana Dispensary Insurance
- Mobile Home Insurance
- Motor Freight Insurance
- Motorcycle
- Municipalities Insurance
- New Articles Content Template 2
- Office Buildings Insurance
- Other Insurance
- Paving Contractors Insurance
- Personal/Family Auto Insurance
- Photographer Insurance
- Plumber Insurance
- Professional Liability Insurance
- Psychology Insurance
- Real Estate Agents Insurance
- Renters Insurance
- Restaurant Insurance
- RV Parks Campgrounds Insurance
- Skilled Nursing Facility Liability Insurance
- Supermarket Insurance
- Tire Insurance
- Wholesale Coffee Distributor Insurance
- Wholesale Florist Insurance
- Workers Compensation
- Workers Compensation
- Key Insurance
Recent Comments