0
CU put insurance on your car you were in an accident the insur. co is saying that it is totaled but the fee they said they will give the CU is what repair shops have quote to fix can we fight?
Wiki User
∙ 16y ago
Single Interest Insurance is insurance that the lienholder, finance company, or lender will purchase to protect the lenders interest when the buyer/borrower fails to meet the obligation of the finance contract requiring the buyer to maintain insurance on the property being purchased until the note is paid. Single Interest Insurance cover the Lender, Not the Borrower
If the CU had to purchase insurance on your vehicle, then this means that you were in default on your finance note by failing to provide the insurance coverage you agreed to when you financed the vehicle. You gave them no choice but to protect their interest in the vehicle. Single interest is going to cover only them. The CU is Insured, You are Not Insured. They are covered, You are Not. This means you have no claim and you have nothing to fight because you are not an insured. If you were At Fault in the accident mentioned, then you also have no coverage on the lenders Single interest Policy to cover any damage you caused in the accident. The CU does have a claim because they purchased insurance to cover their interest in the vehicle. Single interest insurance covers them, Not you. Remember, you were supposed to be insured and you were not. of course you can 'fight' anything.....please give me more info...such as year/make/model/mileage......cost of repair, (amount they are giving the cu)....what they say the actual cash value of your vehicle is etc........
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What can you do if an insurance made a mistake with an accident that you did not have?
Please give me more information on this and I am sure I could help. Are you saying you did NOT have any accident at all, and the insurance company paid a second party for this loss? Please provide more info.
Insurance does not want to pay me the amount my car is worth afte rthey sateted the car is totaled. What should I do?
I was in an accident that was not my fault. My car was in the shop for three month for repairs, only to find out today that the insurance wants to TOTAL the car. Which is okay with me, but they are saying that the car is worth $12,000 and that the repairs were $8000, and that they are only going to give me $4000. HOW is this possible, I did not make that decision for the car to be rapaired then to be claimed TOTAL loss. What should I do? Please help me.
Will my life insurance cover if i die in a motorcycle accident?
Yes, unless there is a clause or a rider saying that it will not cover this, or possibly other types of accidents. (Skydiving, etc.)
If the police determine you are not at fault can your insurance company classify the accident as at fault?
I would like to hear the answer to this question too. My husband met with an accident and the police gave the other driver a ticket and he was at fault without doubt. The insurance company is not settling the claim saying we have to share the liability. They are not paying for a rental also. Please advise.
If you have deer whistles on your car and hit a deer do you have to pay your insurance deductible?
Yes, unless your insurance contract specifies that you would not. When you advise the insurance rep what deductable you want, you are basically saying, "if i get into an accident, this is the amount that I am agreeing to pay as my share of the cost of repairs". keep in mind, you would also need comprehensive insurance on your policy in order for the insurance company to cover the damages to your veh. in the event you hit a deer. Hope this helps!! I have been doing accident claims for 3 years now for a major insurance company.
What happens if you were cited for an accident in someone else's car but the charges were dropped but still the owner's insurance is saying you caused it?
if the ticket is dropped it doesn't necessarily change who is at fault for an accident........... if you want to expand this question to more detail i could possibly be of more assistance
If you are in an accident where you might be at fault and your maximum liability coverage is 10K but the cost of repair to the other vehicle is 25K will you be responsible for the remaining amount?
While I would queston some of what your saying about your coverage, just because it is contrary to my experience on limits - without question: The amount of insurance you carry does not alter the amount of your liability to pay for damages, only the amount of it that the insurance company will pay. The good & bad news about getting out of it is basiclly the same: Likely the other parties insurance will cover them for your underinsurance...so they themselves won't be coming after you. But, their insurance company will....and insurance Cos are very experienced....and relentless, in doing so.
If your boyfriend got into an accident with your car without an active drivers license but with an active car insurance what will happen?
I am not positive but I would guess that (saying your BF is at fault)1) Your insurance will not cover your car since it was driven by someone without a liceance2) Your BF's insurance is not valid since he does not have a drivers liceance (even though it is active)3) You will be personally responsible for the damages to your car and your BF will be responseable to any damages he has cause during the accident.
When teen cause accidents why does it drive up the cost of insurance?
the insurance industry lives by statistics. Statistically, drivers under 18 (and drivers over 65) are the most likely to have accidents. When a teen has an accident, the policy owners rates go way up, kind of the insurance company's way of saying "I told you so".
What is another way of saying to fix something?
To repair
What do you do if you were injured in an accident that was 25 percent or less your fault and you can't get medical exams done for an injury that was sustained in the accident?
Why can you not get exams? If you are saying you were 20% at fault therefore will be compensated 80% of your damages/injuries, then proceed with your health care. Use your health insurance etc. What would you do if there were NO auto insurance involved at all? Discuss it with the doctors etc. They can file a lien against your ending settlement thus guaranteeing they will get paid.
For what reasons can an auto insurance company deny a claim?
An auto insurance company can deny your claim if you haven't had your license for at least 18 months. or if the car has been sitting up (not running) for a while. they will need receipts from the repair man saying that the problem has just been fixed.
