People decide how much coverage they are willing to pay for, not the carrier. So the carrier has no liability beyond the policy itself. You can sue the carrier (insurance company), but you will lose and may find yourself the target of a countersuit for frivolous claims. It would be advisable to not try--unless you have several billions of dollars lieing around with no other purpose.
No, they will file a claim with their insurance company and their company will talk to your company. Assuming you swapped insurance details.
Yes.
You don't. You sue the individual. The insurance company is obligated to take care of the obligations of the individual.
Im looking into starting my own security company and may employ persons with concealed weapons permits....how do obtain insurance for such business?
Yes. That is part of your claim against them. However, if you filed with your insurance company, you gave up your right to pursue them for damages. Generally speaking, your insurance company will pursue the other party's insurance company and if the other company pays, that payme usually includes your deductible.
Generally, a ticket for no inspection sticker should not make a persons insurance go up. However, it depended on the insurance company and the details of the contract between the company and the policyholder.
If the accident was your fault, the other party's insurerhas no duties owed you.
It usually does, but not always, I have been with my company for many years and have built up an accident or ticket forgiveness. It depends on many things, but most important is that this is up to the insurance company
Elders Insurance is a part of Elders Limited that focuses on farm/crop, business, landlord, commercial fleet, and personal insurance needs for both persons and property.
If you are not at fault, you can make the other persons insurance company compensate you for a loner car. If you are at fault, most insurance companies offer a loner car as an option to your insruance plan (increases your premium)
GAP insurance is coverage that covers the difference between the value of the vehicle at the time of the accident and the amount that is owed on the loan at the time of the accident. GAP insurance can be purchased from the finance company or from the persons insurance company. Usually it is much cheaper to get it from the insurance company.
An Insurance company cant commit suicide. So, I am not sure what you are trying to ask here. If you are asking about, what would happen if the insurance policy holder commits suicide? In that case too, nothing will happen. The insurance company will not pay any money to the deceased persons family. Insurance claims can be made only if death occurs by accident or natural causes. Not suicide.