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If a member of your household is ineligible for automobile insurance, many Michigan insurance companies allow for a “named driver exclusion.” Under a named driver exclusion, the named household member will be excluded from no-fault liability coverages, and Personal Injury Protection (PIP) benefits under the automobile insurance policy. ... Doc Viewer
QUARTERLY REPORT ON HOUSEHOLD DEBT AND CREDIT
Household Debt and Credit Developments in 2017Q11 Aggregate household debt bala nces increased in the first quarter of 2017, for the 11th consecutive quarter, finally surpassing the 2008Q3 peak of $12.68 trillion. As of March 31, 2017, total household indebtedness was $12.73 trillion, a $149 billion (1.2%) increase from the fourth quarter of 2016. ... View This Document
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Americans’ aging autos By Ryan Pfirrmann-Powell From 2008 to 2012, the average age of U.S. households’ vehicles increased as owners held on to their cars, trucks, and vans longer. The trend in aging autos coincides with declines in average household income in 2008; ... Visit Document
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QUARTERLY REPORT ON HOUSEHOLD DEBT AND CREDIT
Household indebtedness was $12.58 trillion, a $226 billion (1.8%) increase from the third quarter of 2016. Overall household de bt in the fourth quarter, with a $22 billion increase in auto loan balances, $32 billion increase in credit card balances, and $31 billion ... Access Content
Consequently, the modified household exclusion in its present form appears to be an unenforceable provision in auto liability coverage, and it has a good chance of being held unconscionable if it is challenged after being better drafted for clarity. The household exclusion in Underinsured Motorist Coverage In Stutzman v. ... Retrieve Document
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SUBCHAPTER A. AUTOMOBILE INSURANCE DIVISION 3. MISCELLANEOUS ...
Typically, a standard personal auto policy provides coverage to almost everyone who drives the covered vehicle, unless specifically excluded. In contrast, a named driver policy does not provide coverage for individuals who are residents of the named insured’s household and are not named as insureds on the policy. ... Access This Document
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The Family-Household Exclusion Clause In Auto Liability Insurance
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Auto loan ars e availabl infrequentle anyd need to be re-evaluated from time to time. To updat the maturite assumptionsy we agai, n turned to the SCF. [note: 4] The SC F does no t as k household fos r th e remainin maturitg oy n . their loan isn al casesl bu, wt e calculate th implieed remainind g ... Access Content
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A CONSUMER’S GUIDE TO AUTOMOBILE INSURANCE
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HOUSEHOLD EXCLUSIONS - Mdcourts.gov
1 A household exclusion generally excludes coverage for bodily injury to members of the insured’s family or household when the insured is at fault. Cf. State Farm Mut. Auto. Ins. Co. v. Briscoe, 245 Md. 147, 150-51, 225 A.2d 270, 271-72 (1967) (analyzing an insurer’s obligation to defend an insured when the applicable insurance policy contains a household ... Read Content
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Contact of your auto with another object. 9. Household Member – means anyone living in your household who is related to you by blood, marriage or adoption. This includes wards, step-children or foster children. 10. Pedestrian – includes anyone incurring bodily injury as a result of being struck by an auto in an accident and who is not occupying ... Fetch Document
SOME MASSACHUSETTS PERSONAL AUTO POLICY ISSUES - Massagent.com
Any Massachusetts auto policy of another household member providing uninsured auto insurance with higher limits. 3. Anyone else while occupying your auto. We will not pay damages to or for anyone else who has a Massachusetts auto policy of his or her own, or who is covered by any Massachusetts auto policy of another household member providing ... View This Document
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Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. ... Read Article
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A waste autoclave is a form of solid waste treatment that uses heat, steam and pressure of an industrial autoclave in the processing of waste. Waste autoclaves process waste either in batches or in continuous-flow processes. ... Read Article
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