Suppose that you only have liability and comprehensive car insurance and you allow your roommate (who doesn't have car insurance) to drive your car to run an errand. What will likely happen if there is a single-car accident causing moderate damage to your car while your roommate is driving?

Answers

Answer 1
What will happen is that YOUR INSURANCE COMPANY WILL NOT PAY FOR THE DAMAGES.
Liability car insurance covers damages and injuries to third party's car only, it does not cover damages to the insurance owner's car. Comprehensive car insurance only cover damages done to one's car as a result of theft, fire, natural disaster, vandalism and other such acts, but does not cover damages that occur as a result of collision.
Answer 2

There will no coverage in case of any type of car accident causing moderate damage.

Further Explanation:

Comprehensive Insurance:

Comprehensive insurance is a type of auto insurance where the coverage includes the damage of the car in the following cases:

• Theft

• Fire

• Falling object

• Animal damage

• Vandalism

• Damage by riot

Comprehensive insurance does not include the damage from the accident. In some states of the country, it is known as “other than collision” insurance. The insurance cover will not include the damage from (1) medical insurance expenses after the accident, (2) accident from another person’s vehicle, (3) accident of the vehicle.

Single car accident causing moderate damage:  

In the given case, the car accident is caused by the roommate of the insured person. The person has opted the liability and comprehensive insurance. The insurance company does not provide the coverage for the accident in case of comprehensive insurance. Therefore, there will be no coverage in the given case as the damage is occurred due to the accident (collision).

Thus, there will no coverage in case of any type of car accident causing moderate damage.

Learn more:

1.      Learn more about the out-of-pocket expenses

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2.      Learn more about the insurance rules

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3.      Learn more about the insurance cover

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Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Insurance

Keywords: Suppose, that, you, only, have, liability, and, comprehensive, car, insurance and, you allow, your, roommate, (who doesn't have car insurance), to drive, your, car, to run, an, errand, what, will, likely, happen, if, there, is a, single-car, accident, causing, moderate, damage, to, your, car, while, your, roommate, is, driving.


Related Questions

A __________ is a retail store that carries a wide variety of product lines, each operated as a separate department managed by specialist buyers or merchandisers.

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The answer is specialty store. This type of retail store focuses more on providing or selling products that has a specific category in which they hold one type of category that are being separated from other categories when selling or producing products to their retail business in which one example can be a men’s clothing and women's clothing.

Gavin runs an illegal gambling operation out of the back of a store that he owns. the store shows increasing profits because gavin reports the profits of his gambling operation as legitimate store income on his tax returns. gavin is engaged in:

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That would be considered fraud. He would be lying to the IRS about his gambling thing going on in the back. He would most likely get some fines and charged for the money he earned from that side business.

The management at torque autos inc. and redwing automobiles inc. realized that by combining the two entities the stakeholders of both the companies would benefit. their core competencies would act as complementary assets to each other. consequently, redwing automobiles joined together with torque autos to form a combined entity called torquewing autos inc. which form of strategic alliance does this scenario best illustrate

Answers

The scenario best illustrates a merger. A merger describes the joining of two independent companies to form a combined entity. Mergers tend to be friendly; in mergers, the target Frm would like to be acquired The management at Torque Autos Inc. and RedWing Automobiles Inc. realized that by combining the two entities the stakeholders of both the companies would benefit. Their core competencies would act as complementary assets to each other. Consequently, RedWing Automobiles joined together with Torque Autos to form a combined entity called TorqueWing Autos Inc.
Final answer:

The strategic alliance described in the scenario between Torque Autos Inc. and Redwing Automobiles Inc., resulting in Torquewing Autos Inc., best exemplifies a merger. Mergers happen when two companies of relatively equal power and status combine into a single entity, often to heighten competitiveness and access complementary assets and resources.

Explanation:

The union of Torque Autos Inc. and Redwing Automobiles Inc. into Torquewing Autos Inc. exemplifies a merger. In business, a merger refers to the process when two companies of somewhat equal power and status combine to become one entity. This approach is often taken when the combined strengths and resources of the two businesses can better meet market demands and accelerate growth.

In this particular case, the companies' core competencies acting as complementary assets to each other suggests that their union will produce a more competitive and well-rounded entity. It is a strategic decision likely influenced by the potential for shared resources, cost savings, and improved market penetration.

A corporate merger often entails restructuring, which may result in the consolidation of duplicate departments and the potential reduction of staff. These changes may initially cause some internal stress and adjustment but are often deemed necessary for the long-term success of the newly combined company.

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A suggested approach to deleting products, in which each product is evaluated periodically to determine its impact on the overall effectiveness of a firm's product mix, is called a(n):

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Answer:  "systematic review" .
___________________________________________________

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Answers

Seasonal migration is the pattern that is normally found in countries that are developed. This occurs because people tend to visit whatever vacation spots are currently popular and spend at least a week in that location. This pattern is much less likely to occur in countries that are undeveloped.

In developed countries, the most common internal migration pattern is the rural-to-urban shift, influenced by the search for better employment and life quality. The brain gain is also notable as countries attract highly skilled workers for their economies.

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What is the main cause for low birth weight in developed countries?

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Thank you for posting your question here at Brainly!~

I believe the correct answer to the question being asked is "malnourishment."

Hope I helped!~ Brainliest appreciated.

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Answers

I believe its the preparation of the tax

Final answer:

The first step in the budgeting process is the preparation of the budget, a statement of the President’s policy goals and priorities, which includes projected receipts and expenditures for the next fiscal year.

Explanation:

The first step in the budgeting process is the preparation of the budget, which is a statement of the president's policy goals and priorities for the next fiscal year. This involves forecasting receipts, which are the amounts anticipated from taxes and other revenue sources, and expenditures (or outlays), which are what the federal government expects to spend. The process of budget development typically begins with the President, who consults with various stakeholders, including the Office of Management and Budget (OMB), his Council of Economic Advisors, Cabinet Departments and agencies, to draft a proposed budget that reflects policy objectives and fiscal commitments for the upcoming year.

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A liquidity trap arises when monetary injections fail to decrease interest rates, hindering economic growth. Essentially, in this situation, monetary policy becomes ineffective.

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Answers

Until you restart your computer.
I hope this helps.
Final answer:

A deleted file or folder is not permanently deleted until the file's space on the hard drive is overwritten by new data. When you delete a file, the computer simply removes the reference to it, leaving the file's data intact. Only when new data occupies that space does the file become completely deleted.

Explanation:

A deleted file or folder is not permanently deleted from a computer until the file's space on the hard drive is overwritten by new data. In simpler terms, when you delete a file, the computer just removes the reference to that file but it doesn't actually remove the file's data. Think of it like a book in a library - when you delete a file, the computer simply removes the book's information from the catalogue, but the book is still on the shelf. The space occupied by the file is marked as 'available', and can be used by new files. Only when new data is written on that space does the deleted file or folder get permanently deleted.

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Answers

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Answer:

A tariff is a tax that is paid on imports and exports.

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Explanation:

This is just a more simplified version.

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Due to its "weakness", clay is frequently used to make....

Any other substance used for three-dimensional preparatory sketches may show cracks and air pockets which will end up in a coarse and rough finishing as opposed to clay which can be molded due to its flexibility and weakness easily to the desired shape.

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Answers

$10.29 I'm not sure but hope I'm right

Using the CPI data, the cost of a 1976 movie adjusted to 2012 dollars is calculated to be $16.29.

To calculate the cost of a 1976 movie in 2012 dollars using the provided CPI data, you would use the following formula:

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Applying this formula:

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Answers

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Answers

I would say the shareholders could disapprove of the performance of their company if it was to consistently to lose money over say several quarters with no signs of improvement or no encouragement by management that this was a temporary situation,

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Answers

The "3 cs" which is a popular guideline for writing user stories are;
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a. when you graduate high school
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c. when you get hired to your first job
d. never

Answers

the answer to your question is D never

Answer:

D. Never

Explanation:

the answer is never.

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When the rate of inflation is very low money in your wallet retains its ability to?

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When the rate of inflation is very low, the money inside one's pocket retains its ability to PURCHASE GOODS AND SERVICES.
One of the function of money is that it acts as a store of value. When the rate of inflation is low, money retains its capacity to buy goods and services, but when the rate of inflation is high, the ability of money to purchase goods and services fall significantly.

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Answers

This is goal specificity. Claudia has set a goal that is not only verbalized, but it has been specified to an exact amount. Values that do not meet this threshold will be considered to have been a failure to meet the goal. This allows for management of resources to better allocate them in a way that will meet the stated threshold.

Prior to being banned in 2002 by the mccain feingold act, unlimited monetary contributions that were ermarked for party building expenses at the grassroots level or for generic party advertising were known as

Answers

The answer is soft money. In addition, when cash is funded to a political party with no restrictions involved to the amount that can be acknowledged, this is known as a soft money contribution. The resources can originate from people and political act working group as with hard money but they can also come from any other basis such as company. The law articulates that this money can only be used for party building doings such as supporting the passageway of a law and voter registering and not for supporting a specific aspirant in an election.

Cynthia feels she is ready to move into her own apartment. She makes $2,000 per month. Does she make enough money to pay for the continuous costs of this apartment?

Security Deposit: $500
Application Fee: $10
First Month's Rent: $550
Parking (optional garage): $30
Electricity: included in the rent
Telephone: approximately $36 per month; $40 to connect
Water: $20 per month; a deposit of $50

Answers

yes because if u add them all up it comes out to be $1236

Answer:

Yes, she makes enough money to pay for the continuous costs of this apartment.

Explanation:

The continuous costs of this apartment would be:

First Month's Rent: $550

Parking (optional garage): $30

Telephone: $36 per month

Water: $20 per month

The total monthly cost is: $636. So, as she makes $2,000 per month, she makes enough money to pay for the continuous costs of this apartment.

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Answers

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When Bull is charged with the crime of theft, he will be prosecuted by the government's legal representatives, typically a prosecutor or district attorney. The specifics can vary depending on the jurisdiction; however, theft is generally considered a criminal offense, and as such, the case would be handled in a criminal court. The complexities often seen in such cases where corporate interests are involved might call for specialized prosecution teams with experience in white-collar crime if the theft was related to or involved a corporation in some way.

In the context of the provided information, if Bull cannot afford bail or an attorney, he may be provided legal representation by a public defender, and he would have to remain in custody until the trial or until bail can be posted. Issues such as 'police brutality' and the circumstances leading to the accusations could be significant in the defense's strategy during the trial. The reference to Corporate crime under attack suggests that corporate crime is a serious issue, drawing attention to the broader context in which the theft at a corporate park may be prosecuted.

Economic institution that works in a businesslike manner but does not seek financial gain. *

Answers

It would be a nonprofit business
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