In legal proceedings, "at fault" can be a complicated concept. In some states, any driver who rear ends another is automatically found to be at fault, even if the judge can clearly see that the driver in front is responsible, while most disputes simply come down to which side argues a better case. In home insurance fault can be even more complex and depending on any number of factors, what looks like a random accident may actually be determined to be the fault of a specific individual or party.
The most likely circumstance in which you’re going to need to be concerned about who is and is not at fault will be when somebody suffers an injury on your property. More often than not, the homeowner is held responsible. This is why general liability is a foundation of good insurance coverage for a homeowner.
A builder’s warranty does not cover "acts of God," or misuse, repairs or neglect on the part of the homeowner. But, if you can show that damages were caused by defects built into the home when you bought it, then you may be able to collect on the builder’s warranty. This will come out of the builder’s end, not your own policy, and will typically cover only the cost of repairs, however, and injuries, damages, and housing during the repairs may come out of your own pocket unless you’re willing to contact an attorney. You also need to make sure that the warranty has not expired.
If you get a good policy through Strack Insurance Services, then preparation, inspection, responsible ownership and proper maintenance will generally keep you covered in most incidents where you could be found at fault.
In Texas, the law states that all drivers must pay for the accidents that they cause. The State requires drivers to demonstrate financial responsibility. The basic coverage required by the state is called 30/60/25. This means that each driver needs $30,000 coverage for injury to a person, $60,000 coverage for an accident and $25,000 coverage for property damage. Most people do this by purchasing liability insurance. This provides coverage for accidents and medical costs should the policy holder injure someone else. It will not, however, cover the policy holder’s medical costs if they are injured.
The costs associated with medical care and repairing or replacing a car as growing each day. These are the basic reasons that Texas drivers should consider more comprehensive policy coverage. Also, basic liability coverage may not cover all of the costs of an accident and related medical costs. If this is the case, the injured person can sue the policy holder for the additional monies. Additional insurance can protect the driver from these situations. Other types of additional coverage that are available include uninsured/underinsured motorist coverage, personal injury coverage, comprehensive and collision. Most lenders will require automobile owners to retain comprehensive or collision coverage while they are paying on their car. This ensures that the car will repaired or replaced should an accident occur. Collision coverage provides the actual cash value of the car minus depreciation if it is destroyed. It will also cover having the car repaired following an accident. Comprehensive coverage is more encompassing. It will pay for the repair and replacement of car that is stolen or damaged in a variety of situations except an accident such as hail, vandalism or fire.
The pros at Strack Insurance Services in Arlington, TX help clients get the coverage they need. Easily compare quotes on the Strack Insurance Services website then give them a call today!