Re: [DML] Insurance?
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Re: [DML] Insurance?
- From: Mike Green <mikedx@xxxxxxxxx>
- Date: Fri, 3 Jun 2005 22:29:44 +0100
Great words of advice, its interesting to get these kind of responses
as I'd never really thought about it that much before or asked the
right people.
Thanks everybody!
Mike
On 6/3/05, mike.griese@xxxxxxxxxxxxxxxx <mike.griese@xxxxxxxxxxxxxxxx> wrote:
> Mike - that is not the way it works. There are two different insurance coverages
> at issue here - liability and collision (I'll lump comprehensive in with collision in
> this instance because they are similar enough for this discussion). Liability
> covers damage that the car does to other people and/or property. It pays
> for injuries caused to other people, damage to other cars, buildings, etc. Collision
> covers damage done to your car in the event of an accident. The collision part
> of the policy is generally the part that has the mileage limitations and is where
> most of the difference of opinion arises in terms of vehicle value. All the talk
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