Showing posts with label Vehicle Insurance. Show all posts
Showing posts with label Vehicle Insurance. Show all posts

Thursday, 20 December 2012

Vehicle Insurance

Vehicle Insurance

With vehicle insurance, you generally get a number type policy, like 25/50/10. The 25 means your insurance company will pay out up to $25,000 worth of injury to each person, the 50 means that if the cost of injury is above $50,000, then you're responsible for the rest for out of pocket costs, the 10 means that your policy will cover $10,000 of property damages, like if you hit the other car or you hit a mailbox, something like that. This is just an example by the way. Of course your rates will probably skyrocket if you get in an accident.