Or you can buy supplemental glass coverage | Comprehensive provides coverage against theft and damage caused by an incident other than a collision, such as fire, flood, vandalism, hail, falling rocks or trees and other hazards—even getting hit by an asteroid! Next steps: Check out this on the types of required and optional drivers insurance coverages |
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Nearly every state requires car owners to carry:• Two articles from Richard Smith delving into ELT Journal's origins and history |
Bodily injury liability — which covers costs associated with injuries or death that you or another driver causes while driving your car.
1Auto insurance requirements vary from state to state | Medical — the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses Basic personal auto insurance is mandated by most U |
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In celebration of this milestone, explore a selection of articles and content from the journal, including:• It will also cover lost wages and other related expenses | Some auto insurers, however, are now offering supplemental insurance products at additional cost that extend coverage for vehicle owners providing ride-sharing services |
Property — such as damage to or theft of your car• Collision and comprehensive only cover the market value of your car, not what you paid for it—and new cars depreciate quickly.
28Is auto insurance coverage mandatory? reimburses you when an accident is caused by a driver who does not have auto insurance—or in the case of a hit-and-run | Some auto policies include no-deductible glass coverage, which also includes side windows, rear windows and glass sunroofs |
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If you're financing a car, your lender may also have its own requirements | Glass Coverage provides coverage from windshield damage, which is common |
JEL Classification Codes Guide The guide provides JEL Code application guidelines, keywords, and examples of items within each classification.