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Average cost of car insurance by state


who strikes you in a car accident mattersThere are four primary components to any auto accident obligation case: property damage, medical bills, discomfort and suffering and destroyed earnings.

If he’s a checkout clerk, his car may be valued at $7, 000, his lost earnings for two years might be $40, 000, his discomfort and suffering to-be $250, 000. Their complete claim including medical treatment would-be $367, 000.

If he’s an accountant, their vehicle may be valued at $25, 000, their lost earnings for 2 years may be $140, 000. Their pain and suffering computed becoming $340, 000. Their total claim including the treatment would-be $575, 000.

If she’s a physician, the woman cost may be worth $60, 000, the girl destroyed earnings might be $700, 000, her discomfort and suffering may be $520, 000. Her total claim would therefore be $1, 350, 000.

The essential difference between the checkout clerk’s claim plus the surgeon’s varies by practically $1 million. The most common obligation insurance is $100, 000 / $300, 000. Meaning you've got $100, 000 for accidents you result to a single individual or more to $300, 000 for accidents if several people are injured.

Accidents from a serious car accident can quickly exceed the restrictions of the insurance policy particularly when you include appropriate costs which we have ignored during these instances. If for example the responsibility exceeds your protection the injured party might go after both your overall along with future individual possessions and income. That's where your suitability becomes one factor.



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can i renew my geico auto insurance for just two months rather than six months? | Yahoo Answers

my insurance expires in oct but i'm planning to sell my car by nov. so i don't want to pay for my 6 month renewal in oct. is there a way out? thanks for all suggestions.

my insurance expires in oct but i'm planning to sell my car by nov. so i don't want to pay for my 6 month renewal in oct. is there a way out? thanks for all suggestions.




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