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Also termed car fire, it is one of the most common causes of fire-related property damage. Causes ... there were 280,000 car fires per year, which caused 480 deaths. [3]
This insurance policy is the most basic form of vehicle insurance Dubai as it covers the third-party property damage or bodily injuries caused by the insured vehicle. [ citation needed ] Policyholder's own vehicle damage such as fire, theft, and accidental collision is not covered under the third-party liability insurance policy.
Legally required minimums only cover damage you cause. Even with comprehensive and collision, you're financially vulnerable. Learn top situations your standard car insurance won’t cover — and ...
$25,000 in property damage (PD) liability. The last number means that your policy helps pay up to $25,000 for property damage per accident to cover costs to repair or replace other vehicles or ...
The insurance company will not pay more than $25,000 for property damage in repairs to the vehicle that the insured one hit. In the state of Indiana, the minimum liability limits are $25,000/$50,000/$10,000, [7] so there is a greater property damage exposure for only carrying the minimum limits.
For example, if your state only requires $10,000 in property damage coverage, but you cause $30,000 in damage to someone's car, you could be on the hook for the remaining $20,000.