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Creating a mechanic's lien on property automatically ensures that the contractor who filed the lien will receive money.
Insurance Premiums
Payments made to insurance companies to provide coverage and protect against various risks or damages.
No-fault Insurance
An insurance policy where policyholders are compensated by their own insurance company, regardless of who is at fault in an accident.
Collision Deductible
A collision deductible is the amount of money a policyholder must pay out-of-pocket for vehicle repairs before their insurance coverage pays for the remaining costs in case of a collision.
Annual Premium
The total amount paid per year for an insurance policy to remain valid and provide coverage.
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