You can take back a claim for damage to your own property. You can't take back a claim where you are liable for damage to another party.
You do not have to reimburse your insurance company if the accident is the fault of the other driver and the claim is made on their insurance. If the accident is the fault of the other driver and their insurance does not cover everything and you make a claim on your insurance for reimbursement, your insurance will subrogate (collect back) from the other company.
Yes, you can. However, ultimately it is the at fault party's insurance company that will pay for the claim. In such a case, you will file a claim under your collision coverage and be subjected to the deductible. Once the claim is settled, your company will subrogate the loss with the other company(i.e. get reimbursed). Once that happens, you will be provided your deductible back. If you go through the at fault party's policy, you would file the claim under the property damage of the policy.
Every company have their own rules regarding premium changes to their policy. You will need to either speak to your agent or the customer representative to find out why your premium change. In some case, you may be able to buy back the claim(essentially reimbursing the claim cost to the insurance company) and have the change removed.
Yes, you can keep the extra money you saved by finding a contractor to do the work cheaper than what the insurance company estimated. The insurance company prepared an estimate of the damage. If you could not find a contractor to do the work for what the insurance company estimated, you could ask them for more money. If they chose to pay you for the damage before it was fixed, they cannot ask for it back if you got the work done cheaper.
The pre-existing look back period for a travel insurance policy is the number of days that the insurance company will “look back” to determine if a claim is related to a pre-existing condition. The look back period is generally between 60 and 180 days prior to the travel insurance policy's purchase date depending on the policy selected.
a person can get same subject-matter insured by more than one insurance company. In case of loss he will be, jointly and proportionately, compensated by all insurance companies so that claim amount do not exceed actual loss. This is relevant in non-life insurance. Say for example; if a person holds two fire insurance policy on same building and he incur a loss of Rs 50,000 due to fire. he can not claim Rs. 50,000 from each insurance company rather both insurance companies will jointly pay Rs.50000 in certain ratio (may be 1:1 or in ratio of their premium or insurance policy amount, etc...) in case if one insurance company paid whole amount of claim, it has a right to call other company(s) to contribute/pay back their share
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".
It veries from company to company. Despite what you see on TV the insurance co does want to pay the claim. The process is notifying your company of the death. They send out claims paperwork, you fill out and send back with death certificate, from that point it should only take a week or two. Overnighting the documents will speed things along. Also, consider asking the agent for help. 4lifeguild
Speeding Up an Insurance Claim First, document when and to whom you spoke, and what about from the first report of the claim to every subsequent conversation. Next, call the claims office of the adjuster and let them know you want an answer or you will have to call their supervisor. If you hear nothing back after a day's time, call the claims office and ask for the supervisor. Explain the situation. Give that supervisor another day to find out what is going on then call back. If you still get no answer, you can call that person's supervisor or even your state's insurance department. All of this may or may not get a settlement to you quicker but you can be certain that complaints to supervisors and the insurance department are taken seriously. Insurance companies see a claim as their chance to perform, to prove the value of their service. Happy insures stay with their company and sometimes even recommend the company to others. Also, there are provisions in your policy that detail how a loss will be handled - so make sure you read it over carefully. The policy and state law spell out how long an insurance company has to furnish forms to you by which you can document the value of your loss, etc. From there, the impetus is upon the insurance company to settle the claim promptly, taking what time is needed to properly handle the claim, but no more. Is this length of time too long to take to settle this claim.
If the driver of the vehicle who crashed into you has insurance, you would file a claim with his or her insurance company, not your own, and this should not jeopardize your no claims bonus. However, if the driver is uninsured, and you elect to seek redress from your own company, this may jeopardize the bonus. Check with your agent to be sure: policies vary from company to company and sometimes from policy to policy.
You have the right to switch insurance companies any time you want. Even if you have an open claim with another insurance company, you can elect to switch your coverage. Keep in mind that your current claim will not transfer to the new insurance company, though, and your old insurer will still be the one that handles the claim until it is either settled or completely denied coverage. A good example of why you might switch companies with an open claim would be if your current insurer is delaying settlement on the claim. If you feel as though you are not getting the treatment you deserve from your insurance company, especially if you feel as though a delayed settlement is holding you back, then it is within your rights to get free insurance quotes from other companies and then notify the company you intend to get insurance elsewhere. Even if the switch goes into effect while the old claim is still open, that insurance company is responsible for handling the claim until it has been resolved. They cannot default on a settlement just because you are no longer insured by them, unless there is some reason the claim would have been denied anyway, such as fraudulent information in the claim. You have already paid the insurance premiums for all claims that are in progress, but you will still be responsible for any deductibles or other predetermined out of pocket expenses. Switching companies can save you money. If you find a company which offers you more or larger discounts, switching companies could make immediate financial sense. Shop online to compare prices between leading competitors, and then research the financial reliability of the insurer in our insurance company ratings section to make sir that the long term outlook for your chosen insurer is favorable. You do not have to be afraid that switching companies will cause unwanted repercussions. For the insurance companies, a customer switching to another company is a regular occurrence, and they have no reason to try to force you to stay with their company against your will. There are no added fees or penalties for changing companies, and the only role your old insurer will have to play is to cancel the overage when your new policy goes into effect.
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