0
Can an insurance company collect from a person who they already paid a claim if the person sues and gets money?
Wiki User
∙ 12y ago
Yes they can, but it depend on the case though.
If you were awarded damages by the court for damages already paid by your insurance company then you are required by law to reimburse the insurance company,
Otherwise you will have received double indemnity (you got paid twice) which is illegal and a felony.
Any part of your judgment award for which you were not covered by insurance you can keep. But anything for which you were already paid by your insurer you must pay back to that insurer, It's the Law.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
If you have no insurance and your car was hit while parked does the other person's insurance company pay?
It should. But it's much easier to collect if you have your own insurance.
Who is eligible to collect life insurance?
The person who is eligible to collect life insurance is the beneficiary. Anybody can be named the beneficiary. There are steps that need to be taken before a person can collect.
If a person has already claimed damages from the at fault drivers insurance company can that person still go ahead and sue the person at fault?
No, the insurance company when settling the claim will have you sign a waiver of damages for their insured before giving you a check.
Should I sign a Letter of Subrogation from my insurance company?
Yes, it's mandatory, a part of the Insurance Contract that you signed up for. They don't let you collect twice. If they collect from the person who hurt you, then you would get your deductible and co-pays back. F
Can a Muslim person work for insurance company?
can a muslim person work for auto insurance company
Why would a insurance co ask if you've been bankrupt when making a claim for pet insurance?
The insurance company wants to find any possible risk factors that might lead a person to kill there pet to collect on the insurance policy.
Can you collect claims from your insurance and the other person?
if your accident is severe enough and the other person is underinsured - then you could collect from their insurance (must be their policy limits) and your insurance under the "underinsured coverage" or UIM - Underinsured motorist
What is the title of a person in an insurance company who calculates the premium?
An Actuary is the person in an insurance company who calculates the premium
If person A rear-ends person B and Person A's insurance pays can Person B get a quote and collect money or do they have to wait for the bill and have insurance pay or reimburst themselves?
It depends on insurance company A . Ring them up and say "can I have the money." If you say you can fix it yourself for less than any of the quotes they may well say yes.
Can you collect life insurance benefits after a suicide?
If you are the beneficiary of a life insured person who committed suicide, and the policy was older that two years (depending on what company and state), then yes.
Who pays for the funeral if the person has life insurance?
The insurance company.
How do you find out the insurance company of someone with just there lison plate number?
First, you cannot find out what insurance company another person uses as this is a privacy issue. If you have had an accident with this person, the insurance company will be listed on the accident report. This is your only option for getting the insurance company name, unless the person wishes to tell you.
