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Like collision, comprehensive carries a deductible. However, in some states, policyholders have the option to have a separate glass deductible for windshield replacement. Glass deductibles may be ...
Another example, in the state of Oklahoma, drivers must carry at least state minimum liability limits of $25,000/$50,000/$25,000. [6] If an insured driver hits a car full of people and is found by the insurance company to be liable, the insurance company will pay $25,000 of one person's medical bills but will not exceed $50,000 for other people ...
Auto, home and renters insurance have various insurance deductibles ranging from as low as $50 to over $5,000 depending on the state and coverage options. Deductibles in the $500-$1,000 range tend ...
Website. www.statefarm.com. State Farm Insurance is a group of mutual insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois. Founded in 1922, it is the largest property, casualty, and auto insurance provider in the United States.
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Wind deductibles can range between 1 and 10 percent of the dwelling coverage. So, for example, a home with $300,000 in dwelling coverage may have a wind deductible between $3,000 and $30,000.