What kinds of circumstances are covered by excess liability insurance?

1 Answer

Answer :

Excess liability insurance gives you extra asset protection beyond your basic policy. It can help in the event of being sued by someone due to injury or negligence in your home or anywhere else.

Related questions

Description : What kinds of things does my homeowners liability insurance cover?

Last Answer : When you own a home you are libl for nything that happens on your property. Homeowners liability insurance covers you in the event someone i injured on your property. Homeowner's liability insurance ... medical bills and other expenses for guests if something happens to them while at your home.

Description : What is covered by property damage liability insurance?

Last Answer : Propety Damage covers you if you damage someone elses property. Liability covers you in the event of a lawsuit.

Description : What is the average premium for excess liability insurance for a 40-year old man?

Last Answer : The average premium fr excess liability insurance for 40-year old man will be arround would be $31-$40 a month.

Description : A tax is characterized by horizontal equity if its liability is - (1) proportional to the income of tax payers (2) similar for tax payers in similar circumstances (3) proportional to the expenditure of tax payers (4) the same for every tax payer

Last Answer : (1) proportional to the income of tax payers Explanation: The principle of equity includes both horizontal and vertical. Equity is determined by first assessing an individual's ability-to-pay. The idea of ... equity suggests it is fair for people of equal ability to pay the same amount in taxes.

Description : No liability is also accepted for the loss of registered articles in the following cases a) In circumstanced beyond the control. b) When disposal of the article cannot be traced due to destruction of records in ... by post d) When sender has not made complaint within one year. e) All of the above

Last Answer : e) All of the above

Description : A tax is characterised by horizontal equity if its liability is (1) proportional to the income of tax payers (2) similar for tax payers in similar circumstances (3) proportional to the expenditure of tax payers (4) the same for every tax payer

Last Answer : proportional to the income of tax payers 

Description : Excess of current asset over current liability is known as ------------- a) Gross working capital b) Net working capital c) Average working capital d) None of these

Last Answer : a) Gross working capital

Description : Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores

Last Answer : a. Uniformity

Description : Liability Insurance vs. Full Coverage?

Last Answer : To replace or repair your car if it's damaged or totaled. If your car is not worth very much money the comprehensive may not be worth the expense. If it's worth more than 4 or 5 thousand you ... on Kelly Blue Book and see if the cost of replacing you car is worth the expense of the insurance.

Description : Low cost liability insurance?

Last Answer : Try a local insurance broker in your area. Stay away from the big national companies because they have more overhead and they have to pay the commission of the agent who writes you. Plus, they do not have ... . If you still need help, send me a comment and I can look into more options for you.

Description : What is the proper response to a matter-of-fact voicemail destined for someone with your same name telling you that the women's shelter does want you to come give pony rides, but that you will be required to provide your own liability insurance in case the pony hurts someone?

Last Answer : answer:After laughing and telling my friends, I’d probably call the women’s shelter and explain that they probably had the wrong person. If I were ambitious, I might contact an insurance agency and borrow a pony from somewhere.

Description : Is my liability car insurance good in Canada?

Last Answer : Allstate covered my rental in Canada about 10 yrs ago. But you would definetly need to check your coverage to be sure. Just call your agent for a quick answer.

Description : What is liability insurance ?

Last Answer : When an insurance company is liable to compensate for loss of property , loss of personal accident or death as per contract, it is called liability insurance. This liability insurance ... . Examples of liability insurance are fidelity insurance , automobile insurance, machineries insurance , etc.

Description : What type of liability insurance should a nonprofit corporation need to carry?

Last Answer : Just one that cover the basic needs, to not expend a lot of money. That way it doesn't loose money paying for insurance.

Description : Is auto liability insurance required in all 50 states?

Last Answer : Yes, auto liability insurance is required in all 50 states, howeve the limits of liability vary between states. Some require less than others.

Description : Does Geico offer affordable liability insurance on motorcycles?

Last Answer : Geico offers motorcycle coverage, including liability for bodily harm. While the company is known for its affordable rates, as the consumer, you ultimately have to make that call. www.auto-insurance-helper.com/geico-motorcycle-insurance.html

Description : Can I get Car Insurance that only covers liability and property damage?

Last Answer : Yes, you can get auto insurance that only covers liability and property damage. However, you will need to purchase collision insurance if there is a lien on your vehicle.

Description : What is included with comprehensive auto insurance that liability doesn't cover?

Last Answer : Comp covers theft and accidents iwth other cars. Liability protects you against lawsuits from other people.

Description : Are daycares required to carry liability insurance?

Last Answer : Yes daycares are required to carry liability insurance,the amount is determined by the size of the day care center

Description : Do I need to purchase liability insurance for my snowmobiles?

Last Answer : State farm offer insurance for all types of vehicles you should give them a call.

Description : What is the average Michigan car insurance rate for liability only policies?

Last Answer : The average Michigan car insurance rate for liability only policies is about $2000

Description : Does All State Insurance provide liability protection?

Last Answer : All State provides many types of insurance coverage, including liability protection for drivers as well as homeowners and businesses. Visit http://www.allstate.com/

Description : What sort of liability insurance is needed if you operate tanning beds in your salonDo I have to worry about lawsuits?

Last Answer : You will need liability insurance and property insurance. Most insurance companies customize your liability insurance. If your insurance covers everything you will not have to worry about lawsuits just make sure there are no loop holes in your policy.

Description : Arkansas Law Requires Proof of Auto Liability Insurance?

Last Answer : Owners of registered vehicles in Arkansas are required to maintain liability insurance. This protects drivers against costs related to accidents involving personal injury or property damage. All drivers are ... . An alcohol education program must be completed in order to have the license reinstated.

Description : Can you have liability only car insurance in Michigan?

Last Answer : In state of Michigan, you can only have liability coverage if your car is paid off. Otherwise, you will have to purchase a full coverage policy.

Description : How much liability insurance is required on my car in Alabama?

Last Answer : As you know the minimum amounts for liability insurance vary from state to state. Alabama has as its minimum requirements the following the minimum liability limits are $25,000 for injury liability for one person, $50,000 for all injuries and $25,000 for property damage in an accident.

Description : Should I get liability insurance?

Last Answer : Yes because if you get into a car accident you wont be paying for the other cars damages out of your pocket. Your insurance would cover any expenses for the person who was hit and you wont have to worry about paying all the fees.

Description : Does the state of Georgia only require liability car insurance?

Last Answer : The state of Georgia only requires liability and property damage coverage. You have the option to purchase additional coverage's. It is a good idea to purchase uninsured motorist coverage.

Description : What is meant by Texas liability car insurance?

Last Answer : Texas Liability insurance simple put is insurance that will cover the other driver's bills if you get into an accident. It will not cover the cost of getting your own car fixed or any medical bills you have.

Description : How much extra does bodily injury liability car insurance cost per year, on average?

Last Answer : Extra bodily injury insurance can easily be added to your policy. It may cost an extra one hundred to one thousand dollars per year, depending on the extent of coverage and your insurer.

Description : What is the normal deductible for bodily injury liability car insurance?

Last Answer : The deductible for bodily injury liability car insurance depends upon what you select. The deductible portion is not covered by the insurance policy and thus high deductible policies have a lower premium. Car insurance requirements also vary from state to state.

Description : Is property damage liability car insurance required?

Last Answer : Property damage liability insurance is to cover the damage you may cause to someone else's property. Different states have different car insurance requirements and regulations. Further, some people get larger property liability insurance coverage than the minimum requirements.

Description : Does liability car insurance generally cover rental cars?

Last Answer : It depends on your insurance. Most insurance companies cover any car you are driving. If it doesn't, the rental agency will be able to help you.

Description : Business Liability Insurance ?

Last Answer : form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently ... (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile

Description : Where can I apply for limited liability insurance?

Last Answer : Limited liability insurance can be purchased from many insurance companies. An explanation of limited liability insurance can be explained by a qualified insurance agent.

Description : LLC Liability Insurance?

Last Answer : form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based ... in your business (including yourself, owners, officers, employees, contractors, etc)?=_

Description : Liability Insurance?

Last Answer : form_title=Liability Insurance form_header=Ensure that your assets are properly protected from any lawsuits that may be brought against your company. Liability insurance can safeguard against several known and unknown risks. Type of liability ... 35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,More}

Description : Does State Farm offer commercial liability insurance?

Last Answer : Yes, according to StateFarm's website, they do offer commercial liability insurance for work vehicles. http://www.statefarm.com/insurance/business/commercial-auto-insurance.asp

Description : Do you need event liability insurance for a big wedding?

Last Answer : You do not need event liability insurance for a big wedding. However, if the event is outside, then you may want to consider it. You should take out the insurance if it will give you comfort.

Description : Should insurance policies permit suicide under certain circumstances?

Last Answer : My first life insurance policy had a clause that invalidated the policy in case of suicide within the first two years. I questioned the agent, who explained that the policy certainly did pay for suicide—after the exclusionary period. Seemed fair to me.

Description : What Circumstances would a Property Insurance Claim get Rejected?

Last Answer : Dealing with all the damage to your property can be quite tough and on top of that, if your claim gets rejected, even the calmest person will lose his cool.There are quite a few reasons for a ... be added to this standard policy to increase your cover and then there are some perils that an insuranc

Description : What kinds of insurance does Tonik Insurance offer?

Last Answer : I'm living life in the fast lane. Moving at the speed of light and I can't slow down. I don't really know where I'm going , just enjoying the ride. Insurance has hot deals online , try Capacious inc.

Description : Which Of The following Is A Disadvantage Of Teaching Machine? Options: A) The Insurance Of Attention B) Their Universal Use For Different Kinds Of Programmes C) The Tracking Of Errors D) All Of These

Last Answer : A) The Insurance Of Attention 

Description : Should abortions be covered by insurance if Birth Control is provided free?

Last Answer : Really GQ. But, I don’t think you understand the arcane science of developing a voting constituency.

Description : How can I get a calf massage that is covered by insurance?

Last Answer : answer:You can certainly get medical insurance to cover a medically needed massage. The biggest part is getting your MD to deem it medically necessary. This is not uncommon.

Description : Is my daughter still covered on my insurance? ( healthcare)

Last Answer : Each insurance company is different and some things have changed with the Healthcare Bill. Best thing to do is call your insurance and ask when he coverage officially ends.

Description : Do you think tampons should be covered by medical insurance?

Last Answer : Not any more than cold medication should be covered.

Description : is a busted water line covered by homeowner's insurance

Last Answer : Need Answer

Description : What would likely be covered under homeowner's insurance but NOT by renter's insurance?

Last Answer : Damage to anything covered by the landlord's insurance, becausethe landlord owns the property not the renter. Such damage would becovered under homeowner's insurance, because the homeowner owns theproperty.

Description : Would likely be covered under homeowners insurance but not by renters insurance?

Last Answer : Damage to anything covered by the landlord's insurance, becausethe landlord owns the property not the renter. Such damage would becovered under homeowner's insurance, because the homeowner owns theproperty.