I heard that u should, and if your personal insurance finds out that u were involed in a accident with a company car under company insurance ur insuance can be black list u. i could be wrong.
It could be an insurance policy taken out with an insurance company in case of an accident.
If the car that was involved, in an acident was insured yea!
If I understand your question you are in an accident not your fault and it was settled, but the insurance was through a different company than the one you had ? I think they can hike the rates.
If you have an accident in the first 60 days of your policy,, Yes They can cancel your policy
Yes. Your policy probably says something to the effect that you must report ALL accidents you're involved in.
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If you take it to your insurance company they should be able to locate the policy number be reading the letters. My son was involved in an accident with someone who did not speak English. The police gathered the man's information and my son assumed that the name of his insurance company would be on the police report. It was not and our insurance company (Liberty Mutual) said they could not determine the name of the other driver's insurance company by the policy #. Does anyone know what company issues auto insurance with the prefix APV in the policy number? i believe APV is travelers
You will continue to pay insurance premium to renew the policy,irrespective of the claim to be submitted after truck accident.
Generally your premiums are increased for 5-7 years.
This means that if the accident was your fault, your insurance will pay(up to an amount that is on your policy) for the other property and persons involved in the accident. Liability insurance does NOT cover your vehicle damage.
Maybe, it will depended on the policy wording and exclusions, you need to turn the claim in for a decision.
No, the insurance company takes the car and they give you the value of the car,(depending on condition,make,model,year,# of miles).