Are auto insurance companies in Canada allowed to raise rates because of an accident?
Yes they are, and the majority of time that is when they will raise rates, especially when you are at fault.
If you were at-fault for the accident and had to make a insurance claim, then your rates will definitely increase, since you are a higher risk driver, and the insurance company had to pay out because of you.
If you are in an accident that you were not at fault, then your rates should not increase but they might. Some companies again see this as you being a higher risk driver since you were in a accident, even if it wasn't your fault, so they will raise the rates. If this happens, I recommend switching insurance companies, as a good company should not do this.
In either case your rates will not increase until your insurance is up for renewal. At which point, if they do increase I would recommend looking around and comparing prices from other companies
Because the accident could have been caused by the use of drugs.
No. In any US state insurance companies are only allowed to sell auto insurances of any kind to licensed drivers. The reasoning for this is because in the event that the person with the learners permit fails their road test(s), then the insurance companies are not held liable in the event of an accident. That is why there is a manidtory requirement that the person with the learner's permit drive with a licensed experienced driver… Read More
Even if you get to do it any insurance company will find about your driving records so you will still get high rates because you are considered a high risk driver.
Your friend is. If she is over 25 she is normally covered. Because you claim on youe insurance, technically it will be an at fault accident and your premium may go up. You should talk to your insurer.
Because it is an accident having to do with your driving and lack of ability to do so.
What happens if you had been in an accident and it was considered 5050 because there was no way to prove who was at fault but you had only comprehensive and collision and no liability insurance?
Both insurance companies will pay for their own, depending on your policy coverage.
Most insurance companies shy away from granting insurance to young drivers because there are new drivers and pose the greatest risk of getting into an accident. Because Progressive insurance does quite lot of advertising in regards to being better than the other insurance agents, one can look into getting cheap insurance rates for young drivers from this particular company.
Because lawyers help people. They help people who are injured in an accident. They hammer and hammer and squeeze every dime out of stingy insurance companies.
I don't know exactly how AIG is setup but tickets and accidents usually stay on your insurance for 3yrs. During that 3yr. time frame you will have points on your insurance, the more points the higher the premium. Some companies will look back as far as 5yrs. If your accident is older than 3yrs. but still within 5 it my affect how your policy is tiered. The accident at that point my not cost you… Read More
Well if your child made rates jump due to an accident, you need to change insurance companies and exclude that child from the policy.
Accident insurance is typically very cheap because it restricts coverage to a claim involving death resulting from an accident which has a low statistical probability. Whether or not a man is "healthy" is of no relevance for "accident insurance". There are actuarial tables available that show the chance of death by accident by age and gender. If you are asking about "accident insurance" that will replace your income if you are hurt in an accident… Read More
The accident and health line consists of the following categories: group, credit, collectively renewable, non-cancelable, guaranteed renewable, nonrenewable, and other individual health and accident lines. In 2014, health insurers in the US will not be able to deny coverage because of pre-existing conditions. Therefore, most policies will be "guarantee-issue."
because if you get in a wreck...your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident. because if you get in a wreck...your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident.
Insurance companies ask "personal" questions simply because they need to know if your eligible for the insurance or not.
Boat rental insurance is not usually required in order to rent a boat from any company. However, because boat rental companies are protected under the law from any injury or accident which may occur while you are renting the boat, it is a good idea to purchase boat rental insurance prior to rental.
You pay a premium and they agree to cover your losses, but it's more complicated how they make money. They get paid when you don't have an accident or have a loss that needs to be covered because your premium covers it.
What if someone rear ends you and you have no license but you have insurance the person who hit you has insurance?
Answer No brainer. The person who hit you is at fault. Doesn't matter if you have a license or not. Not having a license doesn't give the other driver a free shot at rear ending you. Answer In most states, insurance companies require a police report of an accident. To have a police report, the police have to go to the accident scene in order to write one. Most rear end accidents are the fault… Read More
It doesn't look good. If it's a minor accident it would probably be ok since you'll have to talk to the insurance companies anyway. If it's a major accident you shouldn't leave because then the police might come to find you and that's never good.
Your son was in a accident while driving a budget rental truck he did not take the extra insurance out but did have his own insurance on his carhis insurance company refused to pay because the truck?
most insurance companies do not offer or you must pay extra money for coverage on the larger box trucks. This is why the rental companies offer the coverage. It is easier and usually less money inthe long run. Most likely the rental company will bill your son for the damages.
because you can still get into an accident
Assuming you mean car insurance then no. After an accident an insurance company has an obligation to restore you to pre-loss condition, a concept called indemnity. Having two insurance companies will do you no good, because once you have been indemnified by one company you will no longer have grounds to pursue any further compensation from another company.
No they do not,because it costs them ,if you don't give them a reason to check it,for example get in a accident thats YOUR fault,then chances are they won't be checking your record,and ANYBODY that tells you different is UNINFORMED.
Can an insurance company discriminate against drivers of their own vehicles for delivery jobs in Florida?
Yes. Insurance companies can refuse to insure someone if they feel the vehicle will be used in an "at risk manner." Someone doing delivery service is more likely to have an accident, because of the increased driving.
What can happen if after an At Fault accident the auto is totaled and you choose to cancel the insurance because you will not drive again and there are personal injury claims not settled?
If you were insured at the time of the accident, your insurance should pay up to the amount stated on your policy. It does not matter if you still have the insurance now. It is important that you had it on the daye of the accident.
Zombies can find auto insurance in Pennsylvania from any company that offers insurance, because insurance companies can't discriminate. Such insurance companies include Geico, Progressive, and Liberty Mutual.
You were hit by a car while driving your boyfriend's car the tags on his car had expired three days earlier will insurance cover his car?
Most likely, yes. Most insurance companies ask for two months in advance when you get insurance. Just because his tags expired doesn't mean he was not insured at the time of the accident. However, if you are not insured on his policy they may not cover you.
Yes. Insurance companies don't just go off your drivers license record. They also check several other insurance company data bases because many accidents are not reported to the police. If an accident claim was filed the Insurance company who handled the claim will have it in their database as well.
First off you really don't need the insurance companies name because you are not filing suit against the insurance company. You always file suit against the party who is liable for the loss and that is the party that caused the accident itself and not the insurance company. They were not even there right? When you file suit against the owner and driver of the other vehicle they will be responsible for turning your claim… Read More
according to history no insurance companies has been bankrupt because all insurance companies are under the insurance commission which is a government body. in addition, there's no gov't. body has been into bankruptcy. only pre-need companies are going into bankruptcy.
it all depends on your past record, your ins company, and how severe the damage. state farm and a few others have accident forgiveness. low end companies will jack your rates if you report a claim against other drivers that hit you just because you are making them work.
If i have an accident as a named driver on someone elses insurance will it effect mine when i get my own?
Yes, because it is all reported to the state DMV offices under the driver's license number of the driver. All insurance companies double check the DL# for previous accidents and incidents, etc. It's going to show up.
You're probably screwed because your insurance most likely has lapsed.
Cell phones are not allowed in petroleum companies because the cellphone signals can easily cause fire and result in devastation.
If you have an accident in a company car can your company expect your private insurance to pay for it?
No, because you payed for it so they use your money to fix the car if you have an accident.
Over and above medical coverage on your auto insurance. There is no way you can get out of telling your auto insurance company about the accident, because the health insurance company will tell them about it first. This also depends on whether or not your State allows health insurance to cover such accidents.
If you have an auto accident and you do not have auto insurance with medical payments coverage for your injuries and medical costs, you may need to research the coverages available through your medical insurance policy. If you are not at fault for the accident that caused you injury, and the third party insurance provider has taken responsibility for the accident, the at fault party's liability insurance should pay for medical injuries up to the… Read More
How can you get liability insurance coverage for a person trying to get their license using your car and you already have coverage?
You just contact your insurer and add the new driver to your insurance policy. Otherwise you are allowing an un-insured driver to operate your vehicle. Bear in mind that a claimant can sue both the driver and the owner of the vehicle if they have been injured in an accident. They can sue the driver because he was thr direct cause of the accident. They can sue the owner for negligence because he allowed the… Read More
you are not allowed to because you could spill and get some food into chemicals and could cause an accident
this would only make sense if you are talking about having various life or annuity policies with various insurance companies. It would be pointless with car or health insurance because that would be throwing your money away
With most companies, yes. unless it was weather related in which case it would not go up. More Answers from others I disagree with the first answer. If your claim for damage is the result of an accident that is "entirely not your fault" your rates should NOT go up. They might not.. but GOOD luck when trying to switch insurance companies... collision claims will show up in your claims history database and the premiums… Read More
Do you have to let your insurance company know you were in an accident that was your fault if you have not heard from the other party or your insurance?
yes,because i might be covered with the third party
In my experience, if someone drives my car and get in an accident, I think he or her insurance has to pay for the damage of the other party and mine pays for the damage of my car. However, her insurance should go up, but not mine because I am not the one who drive at the time the accident occurs.
When an individual has an automobile accident and someone is injured are they required to complete an accident injury claim with their insurance company?
When people have accidents in their automobile and someone is injured it is required to report it to the police and to their insurance company. This is because the injured person may need a doctors care and the person responsible for the accident is the one that will be required to pay through their insurance company.
The ticket goes on the actual driver's record, but unfortunately, it can be associated with your vehicle. In that case, your insurance carrier could consider it when calculating your rates. Why? Because even though you weren't driving, you assumed some risk when you allowed your car to be driven by someone who speeds. This is exactly the type of risk that insurance companies look for when making up rates. Actually there is no way the… Read More
One can find a list of car insurance companies by going on reliable auto insurance websites. Another way is to go to the DMV, or their website, and look for a list of car insurance companies. Because the DMV is responsible for driving, it will most likely have a lot of good ones.
I can only speak for Florida because that is where I live and it is a no fault State. In Florida it really would make no difference to you if the other driver did not inform his insurance company of an accident. Really, you would only have to file a claim with your own company and contact his insurance company after the accident. I would just make sure you have the other drivers info so… Read More
they still will not give you money for the car accident and because of the accident they will most likely charge you a higher fee for being considered an unsafe driver. Added: There is no such thing as retroactive insurance. A policy you get today will not cover you for a collision you had last week.
Yes. You can change at any time. The insurance company cannot deny the claim because you changed companies.
The risks with commercial insurance companies are that because they are so big, they aren't the best about taking care of their customers one on one. You may get overlooked.
It's very easy to get new insurance. Just like any type of business, insurance companies want you to go to them. You'll just have to come up with a down payment and sign a bunch of new papers so your new policy can take effect. Make sure you get insurance as soon as your old policy gets cancelled because should you have an accident the consequences can get pretty harsh should you get caught without… Read More