Quote:
Originally posted by hondaman-iac
dude i don't know about canada but in us most of the companies carry on your policy a underinsured motorist claim, so let's say i hit a "stinkin'" lexus and the damage is more than my insurance will cover his insurance will pay for the remainder of the repairs.
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If the accident is my fault my insurance pays out no matter what the cost, if its his fault his insurance pays both damanges.
i think its called third party insurance, but basically this 2million covers me if the accident is my fault and the (lets say) doctor cant work for 2-3 years, this is for compension.