As long as there is no lien against the old car, you can use the insurance settlement for anything you want. But you won't be able to get insurance on it until it is repaired.
Payment of damages by the insurance company against your Householders' policy is paid directly to your account through NEFT,instead of cheque as was customary earlier.
In most countries a driving licence could not be taken as payment or punishment for damages owed to an insurance company as that you be a civil matter.
Auto insurance: An accident that damages your vehicleDisability insurance: An injury that causes you to lose wagesHomeowners insurance: A fire in your house that damages your personal possessionsHealth insurance: An illness that involves a trip to the doctor.
Not normally as that route is open to fraud.
If it was there fault their insurance company will be responsible for the damages. So yes you can sue, but most likely this won't be necessary as long as the insurance company gives you fair compensation.
Yes, most insurance will allow you to make an, lump sum, out-of-pocket payment for the damages.
Yes, a neighbor can still sue you for damages even if your insurance has paid out. Insurance coverage does not prevent individuals from pursuing legal action against you if they believe you are responsible for the damages incurred. It is important to consult with a legal professional to understand your rights and options in such a situation.
premium
Financial Responsibility Laws require that you be Financially Responsible for any damages you cause to another. Whether a Police report is filed or not, has no bearing on your responsibilty for the damages.
A. Life Insurance
Non payment
Not sure what you are asking. If you had no insurance and caused the accident you are responsible for paying for the other driver's damage and injuries. If the other driver was at fault, you are entitled to payment for your damages and injuries from either the driver/owner of the other car, or their insurance company. If you had your own collision insurance, you could make the claim with your company and let them worry about collecting, but if you don't, you will need to file the claim with the other party's insurer or hire a lawyer and sue them.