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Can car insurance company sue you for not enough property damge insurance in louisiana?
Wiki User
∙ 11y ago
The question is not altogether clear, but it seems to relate to the insurance concept of "subrogation".
This is an equitable process by which. when an insurance company pays the claim of its own insured, it "inherits" the right to pursue the wrongdoer (presumably, you) to collect back what it paid.
If the wrongdoer had some liability insurance, but not enough to cover 100% of the other insurer's claim, it still has the obligation to try to settle the claim "within policy limits" (meaning, to compromise the claim), if it is possible to do so so that you are not exposed to personal liability for the excess.
Keep in mind that if you deny fault for the occurrence, your liability insurer normally still has the right to pay and to settle the claim as the insurance policy notmally gives the insurer the right to "control the defense".
Wiki User
∙ 11y ago
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What is the average cost for a kawasaki ninja 250r for a 20 year old male for insurance?
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Can you be sued for not having homeowners insurance and my neighbors property is accidentally has fire damage due to a fire on my property?
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You need to direct that question to the insurance company. Just call the customer service number.
Does the electric company have to connect to your property if you have a wind generator?
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Are you required to photograph everything when opening a home contents insurance policy?
Not necessarily. In some cases, providing a receipt for the item to be covered will be enough for the insurance company. However, it all really depends on what the company's requirements are.
What car insurance company offers coverage with no deposit?
Almost any car insurance company may sometimes allow people to purchase insurance without a deposit. However, they may also refuse if the information provided is not acceptably risk-free enough.
If your insurance has agreed to a settlement but you feel the dollar amount is not enough can you refuse the settlement?
You may want to try and sue the party first, if you except what the insurance company offers you then that is an admission of satisfaction on your part. NO! Once you accept payment from YOUR insurance company (technically, once you cash the check), you surrender any right to persue the matter against the responsible party any further. Your acceptance of the insurnce company's pay out legally assigns your right to recover further back to the insurance company. If the settlement is large enough, many insurance companies will go after the responsible party to recover what they paid out to you (in insurance lingo, this is called "subrogation"). Make sure you are happy with what the insurance company is offering before finalizing things.
