If you are involved in an auto accident, you may be responsible for the losses of the other people involved. A claim may be made or a lawsuit filed against you for those losses. You may have to pay not only for the property damage you cause, but also for medical expenses, lost wages, and pain and suffering of any injured person. The amount of money you may have to pay could be substantial. If you do not have insurance, anything of value that you own, including your home, savings and future wages, may be taken to pay for those losses. The proper amount of liability insurance can/may prevent this from happening to you.
Monday, September 30, 2013
Ashika Mathasinghe
If you are involved in an auto accident, you may be responsible for the losses of the other people involved. A claim may be made or a lawsuit filed against you for those losses. You may have to pay not only for the property damage you cause, but also for medical expenses, lost wages, and pain and suffering of any injured person. The amount of money you may have to pay could be substantial. If you do not have insurance, anything of value that you own, including your home, savings and future wages, may be taken to pay for those losses. The proper amount of liability insurance can/may prevent this from happening to you.
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