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How can a third party carrier be defined in the context of auto insurance?
Wiki User
∙ 9y ago
In the context of auto insurance, a third party refers to anyone who is not a part of the insurance contract. This could include drivers of other vehicles on the road.
Wiki User
∙ 9y ago
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Is your insurance agent supposed to do any of the work such as calling insurance carrier for the other party?
Assuming that you are talking about in the case of an accident, you should only talk to your insurance carrier. They will contact the other person's insurance carrier.
What is the third party carrier?
when an insurance company(x) does not have particular coverage(ex:Earthquake coverage) then they would cover those coverages with the help of another insurance company(Y) by paying a certain percentage of premium to that company(third party carrier) and provides that coverage to their customers. Here Y becomes a third party carrier
Can one sue the bailey insurance for pain and suffering?
You would need to sue the other party in the accident and not the insurance company itself. It was the other party that caused your injuries and not the carrier.
If a garbage truck hit your parked car do you go through insurance or go to the town hall and what insurance will cover that?
If you have collision coverage on your vehicle, the damage is covered under your policy. Your insurance company will then attempt to recover ("subrogate") the responsible parties insurance carrier....or the responsible party directly if they were not covered by insurance. If you do not carry collision coverage on the damaged vehicle, your only avenue of recovery is through the responsible parties insurance carrier or, the responsible party directly if they were not insured.
If you have an accident other party admits fault no police report your insurance was lapsed will the other insurance cover your loss?
As long as the other carrier has accepted liability, they will owe for your damages whether you have insurance or not.
Does medical provider have to have a copy of subrogation letter before filing on insurance?
No, if they have information of a third or first party carrier who is liable for accident related costs, they can make a claim directly to that carrier.
What should you do if you were hit by a car with insurance and you don't have insurance?
File a claim with the other party's carrier and hope that they accept liability for the incident, otherwise you may learn a lesson the hard way.
Is third party car insurance compulsory?
If it's required by your state laws, yes. If it's required by your insurance carrier in order to qualify for basic coverage, if you don't like it you have the option of finding another insurance company.
If you only have liability insurance and you cause an accident does your insurance cover fixing the other party's vehicle?
Here in Canada we have NO-Fault where each insurer is responsible for their own insured. In that case, the other party's carrier would repair the vehicle, and then subrogate on your company.
How do you file a claim to collect for damages if the responsible business has gone bankrupt?
Even if the company is now bankrupt they probably had insurance when they were in business but you will have to find out the insurance company. Try to contact the attorney that is handling their BK and notify him that you have a claim. Your best action is to file a claim with your insurance carrier and let them go after the other party. How this will affect your rates depends on the policies of your carrier. Ask your insurance agent.
Is it a good idea to use your insurance carrier for subrogaion?
Subrogation occurs when an insurance company goes after the party responsible for an accident or damages. You would use your insurance company for subrogation. This is something that the company will handle on their own. In most cases you do not have to do anything.
If you are driving without insurance and have an accident in which the other driver is at fault can you claim damages from his insurance company?
Yes you can. You may still receive a citation for not having insurance, however, the legal liability for the accident does not rest with you so the adverse party's insurance carrier will owe for your damages and/or injuries.
