BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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coverage when you hit a car
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coverage for an accident, when someone is hurt or killed
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coverage when you hurt yourself in an accident
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None of the above
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Detailed explanation-1: -Bodily injury liability insurance provides coverage if you are sued for causing a car accident that injured or killed another person. It will pay up to your policy limit for pain and suffering compensation, excess medical benefits and lost wages and other economic damages that you are deemed liable for.
Detailed explanation-2: -Falls, cuts, burns, road accidents, bites, stings, and drowning are examples of accidental injuries. Accidents can happen at any time and accidental injury is a significant cause of death.
Detailed explanation-3: -Bodily injury refers to specific kinds of harm done to the body after an incident, such as bruises, burns, cuts, fractured bones, and nerve damage. When someone carries bodily injury insurance, it covers the costs of the other person involved in the accident.
Detailed explanation-4: -The best liability coverage for most drivers is 100/300/100, which is $100, 000 per person, $300, 000 per accident in bodily injury liability and $100, 000 per accident in property damage liability. You want to have full protection if you cause a significant amount of damage in an at-fault accident.