I work for Enterprise and I am not aware of any such contract between Enterprise and State Farm. I suppose it's possible that one exists, but I can't imagine why it would.
When you rent a car from Enterprise, you are given the option of paying for a damage waiver (usually in "basic" and "full" types). This insurance is a contract you take with Enterprise directly such that if you are involved in an accident while in the rental car, your own insurance company is not necessarily involved in resolving the liability.
That can be advantageous in the sense that your own insurance company is not informed of the accident, and your premium is less likely to be affected. Full coverage (anywhere from $15-40/day depending on the car) allows you to simply walk away from the whole mess in the event that you crash the car, and pay nothing for the damages.
No. They make you sign a contract.
None. Your auto insurance policy is a contract of indemnity. Not a contract of profit.
It depends on the type of insurance, the terms of the contract and the circumstances.
Wolfgang Grimm has written: 'Unfallversicherung' -- subject(s): Accident Insurance, Insurance, Accident, Policies, Standardized terms of contract
Personal accident insurance varies greatly in price depending on the company used, length of contract etc. It can be bought for as little as $10 to $20 per day.
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.
The Insurance company should ideally check the validity of the relationship (whether legal spouse) at the time of issuing the contract or at the time of naming the beneficiary. Again the basic essence of Insurance contract is the valid insurable interest. I presume the Insurance contract is binding on the insurance company and the surviving spouse need to be compensated with the benefit amount of the Insurance contract.
Depending on the type of accident and sometimes who is responsible but generally yes. Please, next time, read the fine print of your contract.
Only if you expect your insurance to cover you if the child has an accident. You auto insurance contract states that you are responsible for listing all household members and drivers who drive your vehicles. If you do not do this then you have committed material misrepresentation and the insurance company is then not responsible for paying for the damage from the accident.
is fire insurance or medi claim (health ins) or motor insurance or life insurance which of them is a contract of indemnity
Sure. Remember that an insurance policy is a legal contract wherein the insurance company agrees to accept risk from the policy holder according to the terms of the contract. If the policy holder does not live up to the terms of the contract then the insurance company may deny coverage. For example, if the person lied to the insurance company on the application then the insurance company may deny coverage. One of the terms of the policy is that the insured agrees to inform the insurance company of all residents of the home as well as regular drivers. If the insured does not list his 17 year old child who drives one of the vehicles regularly and lives in the house and then the child has an accident the insurance company could not be expected to provide coverage for the accident. Since the insured broke the terms of the policy which is a legal contract then the company probably will not provide coverage because the insured committed material misrepresentation and lied in a significant manner on the application.
An insurance contract is needed to specify the exact terms of the insurance.