Question on Liability Insurance?
Hi, If I have Liability Insurance on my car and it get stolen, will my car insurance pay me the worth of my saloon? or is that just Full Coverage?
No they will not pay packet if you only have liability.
If you do not enjoy GAP insurance with your full coverage they will only repay for the value of the car minus what you may owe to the lender. Source(s): www.landainsurance.com
You'll need COMPREHENSIVE coverage for that.
"> Your liability Insurance only pays for other people's losses solitary if it is your fault.
Physical damage coverage (Comprehensive and Collision) may be purchased when you buy the insurance. It costs extra.
If you buy both, you hold full coverage.
I sometimes suggest to buy liability only coverage,if the car is too out-of-date
and the physical damage premium saved is adequate to buy another car.
Ustun Inan Insurance Source(s): I am an Insurance Agent
No they will not take-home pay for your car.
They will not pay to fix it if you wreck it.
Liability save you from a lawsuit if you cause an accident. Even consequently it only covers a minimum amount and you could still be sued if damages were more.
Comprehensive will cover your coup¨¦ if it gets stolen.
Related Questions:
No they will not pay packet if you only have liability.
If you do not enjoy GAP insurance with your full coverage they will only repay for the value of the car minus what you may owe to the lender. Source(s): www.landainsurance.com
You'll need COMPREHENSIVE coverage for that.
"> Your liability Insurance only pays for other people's losses solitary if it is your fault.
Physical damage coverage (Comprehensive and Collision) may be purchased when you buy the insurance. It costs extra.
If you buy both, you hold full coverage.
I sometimes suggest to buy liability only coverage,if the car is too out-of-date
and the physical damage premium saved is adequate to buy another car.
Ustun Inan Insurance Source(s): I am an Insurance Agent
No they will not take-home pay for your car.
They will not pay to fix it if you wreck it.
Liability save you from a lawsuit if you cause an accident. Even consequently it only covers a minimum amount and you could still be sued if damages were more.
Comprehensive will cover your coup¨¦ if it gets stolen.
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