"What is the effect of state laws forcing individuals to purchase auto liability insurance?"

Q: Is self-insurance the same as going without insurance? Why or why not?

A: The advantages of being self-insured area unit value savings and management of the insurance…

Q: At what point would it be necessary to purchase a Personal Liability Umbrella policy?

A: Umbrella policies are relatively inexpensive so they are worth the inevstment.

Q: Homeowners insurance provides coverage for:   Damages that the insured becomes legally obligated…

A: Homeowners insurance is a type of property insurance that provides coverage for damages to the…

Q: What are the essential differences between social insurance and public assistance programs? Why is…

A: Social insurance program: It is a government sponsored program. They are generally funded through…

Q: Why do you think a speeding ticket or DUI would increase your insurance rate? O The insurance…

A: Insurance is a financial product that provides protection against potential financial losses.…

Q: Can third-party insurance be used across Canada?

A: Third-party insurance is a form of liability which is beared by the person who is purchasing the…

Q: Briefly explain the factors that are considered in determining the premium for automobile liability…

A: Premium on insurance is an amount paid to the insurance company for purchasing the insurance policy.

Q: If a person is not eligible for the health insurance premium tax credit because of

A: Tax is the charge which is charged on the taxable income of a taxpayer and each taxpayer wants to…

Q: A taxpayer can not claim the hefalth insurance premium tax credit if?

A: Tax is the charge which is charged on the taxable income of a taxpayer and each taxpayer wants to…

Q: What does the affordable care act do for those not insured?

A: Affordable Care Act is a comprehensive healthcare reform which has been introduced from March, 2010,…

Q: Briefly explain the factors that are considered in determining the premium for automobile liability…

A: SOLUTION- INSURANCE PREMIUM IS THE AMOUNT PAID BY THE PERSON WHO TAKE THE INSURANCE POLICY TO THE…

Q: Which of the following is not one of the factors that affects automobile insurance premiums?

A: Automobile insurance is most common types of insurance. All factors related to vehicle will affect…

Q: What are the benefits of having third-party insurance?

A: When insurance is purchased for protection against claims of other persons, the insurance is called…

Q: What actions can a person take to reduce the cost of automobile insurance?

A: Automobile insurance is the instrument that is used to cover the losses or harm to vehicles that…

Q: What are the problems of an insurance industry that are primarily regulated at the state level?

A: Insurance industry refers to the market where insurance companies play an active part in providing…

Q: What are the fundamental distinctions between social security and public assistance? Why is Medicare…

A: Program of social insurance: It is a government-sponsored initiative. Payroll taxes often support…

Q: Why do you believe auto insurance companies provide premium relief?

A: Premium relief can be defined as the concession in premium rate offered by insurance companies to…

Q: Does Lightning Mc"Queen have car insurance or life insurance

A: Insurance is quite necessary now days due to risk involved and insurance depends on risk involved.

Q: What government programs are available to cover long-term care expenditures in the United States?…

A: Introduction: Government expenditures: Government expenditure can be defined as the expenses…

Q: Explain the basic elements of the negligence action What is product liability? Can an injured…

A:

Q: What are the exceptions to the rule to claim the child care credit?

A: There are various types of tax credit in U.S, the child care credit is one of this type. It is based…

Motor Vehicle Insurance

Motor vehicle insurance is a contract between the insurance company that provides insurance cover and the person who owns the vehicle. According to the terms and conditions of the insurance contract, the insurance company reimburses the policyholder for losses and damages. This insurance policy covers the financial risks of the motor vehicle owner. Electronic vehicles are also covered in a vehicle insurance policy, but the insurance rate is relatively higher than other motor vehicle insurance. Motor vehicle insurance is otherwise called an automotive insurance policy.