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How long after no fault car accident do you have to get settlement from other parties insurance company?
Wiki User
∙ 14y ago
Varies by state to state. Usually its a 1 year period. Contact an injury attorney near you.
Wiki User
∙ 14y ago
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How do you file a insurance claim against the party that was at fault in an accident that occurred in a parking lot Without involving my insurance company.?
Just file a claim with the other parties insurance company. You called the police and got an accident report, right?
What is an Auto Accident Attorney?
Auto accident attorneys represent individuals involved in car accidents. These attorneys can represent plaintiffs or defendants and may be hired by a driver’s insurance company to represent the driver or the insurance company. Plaintiffs’ automobile accident lawyers are available for those that have suffered injuries in a car wreck. The lawyers will consider the case and if there is a potential lawsuit. If so, auto accident attorneys will notify the other party or parties in the wreck. The case may never go to court and the auto accident attorneys may work out a settlement that all involved parties agree to. Defense lawyers for car accidents will assist parties that are being sued after an auto accident. An auto accident attorney that works on the defense side will attempt to show that there was no fault on the part of the driver he or she is representing or try to negotiate a lower amount that that person will have to pay for the accident and any injuries. An auto accident attorney may be retained or hired by an insurance company. Car insurance companies will hire attorneys on behalf of their clients as the attorneys will help reduce the liability costs that the insurance company may have to bear after an accident. The auto accident attorney does this by working in a similar capacity as he or she would as a defense attorney. The aim is to settle for an acceptable amount or demonstrate that there was little or no fault on the driver being sued. Additionally, an insurance company’s auto accident attorney may work to recover costs from another driver or insurance company. The auto accident attorney functions like an attorney for a plaintiff. The car accident lawyer pursues payment of costs incurred by the insurance company in covering damage or injury suffered by the driver. As a result, the driver that was not at fault gets all repair costs paid for, but the insurance company recovers that money from the driver that was at fault without the driver without fault having to wait for a settlement.
Can a bank offer you a settlement on a charged off auto loan and later refuse the settlement offer because you received a check from your auto insurance company to fix your car from an accident?
Yes, the bank or any lending institution can withdraw any offer unless a contract has been signed by all parties.
What happens when both parties in a car accident have the same car insurance company?
The claims process should be quite a bit easier. What some companies do is waive your deductible for both parties.
Why do auto accident settlements take so long to be concluded?
When someone is in an auto accident it often seems that the settlement takes a long time to come to a conclusion. This is because all parties must provide information to the insurance companies and the insurance companies must undertake a thorough investigation.
Whose insurance should you call after an accident?
After an accident, all parties involved with the accident should exchange insurance information. Typically, the insurance companies will talk to each other about repairs and cost.
Will your insurance pay the medicare lien if the other parties insurance liability is not sufficient to cover the entire settlement amount?
No. I assume that you were in a car accident and that you had injuries. I assume that you had medical expenses that were not covered by insurance. I assume that you own a house and there is a lien on that house to pay the cost of the medical care. I assume that the insurance settlement took 2-3 years to settle. I assume that your settlement amount paid by the other driver's insurance policy was less than the cost of your medical care. There is no other "insurance" to rely upon to pay the cost of the medical are that was not covered by your insurance and that was not covered in full by the amount of money you received from the other driver's insurance company.
What are your options if your private property was damaged by someone else during an auto accident?
file and pursue a claim or dont. If you do file , file a police report, get a copy of the report and have your property insurance company pursue the claim against the insurance company covering the party or parties involved in the auto accident
Is an insurance company responsible for paying for motorcycle rental while your motorcycle is being repaired after an accident that was the other parties fault?
If the rental coverage is included in your policy, probably. However if the other parties insurance is accepting responsiblity for the damage then I would be asking them for a rental.
What happens if your in a accident and you have sr22?
The same thing that happens if you did not have an Sr22. The at fault parties insurance generally pays for the accident.
What is a cross settlement?
A Gross Settlement is the amount of money (award) an insurance company offers to settle a case. Net proceeds would be after all parties have presented their claims for expenses and services to client and have been paid and settled.
Can there be two different police report of accident one given to the parties and another given to insurance company?
Generally speaking, no. It usually takes at least a few days for the report to be completed so whatever you get at the scene of the accident won't be much. Whatever the insurance company got from the police, you should be able to get it too.
