What is the basic difference between liability insurance and collision insurance?
a. Liability insurance covers only medical injuries, and collision insurance covers only property damage.
b. Liability insurance covers damage that you cause, and collision insurance covers damage done to your vehicle.
c. Liability insurance is optional, but most states require collision insurance.
d. Liability insurance protects against theft or vandalism, and collision insurance covers against accidents or crashes.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the basic difference between liability insurance and collision insurance? a. Liability insurance covers only medical injuries, and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
High valley antiques would like to issue new equity shares if its cost of equity declines to 10.5 percent. the company pays a constant annual dividend of $1.60 per share.
Answers (1)
Other than interest payments, what is another way that you can make money buying bonds
Answers (1)
Garth Corporation sells a single product. If the selling price per unit and the variable expense per unit both increase by 10% and fixed expenses do not change, then: Contribution margin per unit - Contribution margin ratio - Break-even in units A)
Answers (1)
What are the two most important cost considerations in queuing​ problems? A. cost of lost time waiting and cost of marketing B. cost of providing service and cost of waiting time C. cost of line management and cost of marketing D.
Answers (1)
Marigold Company has an old factory machine that cost $61,750. The machine has accumulated depreciation of $34,580. Marigold has decided to sell the machine. (Credit account titles are automatically indented when amount is entered.
Answers (1)
New Questions in Business
Pool Line is the manufacturer of a pool cleaning system that has been called by the pool construction industry, "the miracle we have waited a lifetime for." The cleaning system is very effective and recommended by all consumer magazines.
Answers (1)
Use the following example to answer the following questions: Imagine that Stella deposits $25,000 in currency (which she had been storing in her closet) into her checking account at the bank.
Answers (1)
Barr Corp. started a long-term construction project in 20X0. The following data relate to this project: Contract price $4,200,000 Costs incurred in 20X0 $1,750,000 Estimated costs to complete $1,750,000 Progress billings $900,000 Collections on
Answers (1)
Bob contributed a building with an adjusted basis to Bob of $50,000 and a fair market value of $150,000 subject to a mortgage of $120,000 in exchange for a 30 percent interest in the Alpha Partnership. Alpha will assume the mortgage on the building.
Answers (1)
Nareen is single, 68 years old, and reports the following in 2018: a. $12,000 alimony received (divorced in 2010) b. $82,520 Schedule C profit c. $3,500 SEP (self-employed pension) plan contribution d. $7,150 qualified dividends e.
Answers (1)