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Do accident claims by one spouse affect the other spouse if they have a separate policy?
Wiki User
∙ 17y ago
Depends on several things. What type of accident, are the people residing in the same residence, etc.
Wiki User
∙ 17y ago
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What is an accident based insurance policy?
The term "accident insurance" applies to life and health insurance policy's that will only pay claims that result from an accident. Example: A person who owns an accident-only disability policy falls ill from cancer. The policy will not pay any claims as a result of the cancer. If the same person fell down a flight of stairs, the policy would pay.
Accident and health policy claims must be reported within?
10 days
Will the insurance company pay for damages or injury claims if the policy was canceled days after you got in an accident?
As long as the policy was in effect at the time the accident occurred then coverage will be afforded and damages will be paid.
If the insurance policy lapses after a claim has been submitted for a minor accident will it affect the claim processing?
The claims department will be concerned only with the status of the policy at the moment of the accident. Other than that, it will not come into play. Any delay would be very minor (as long as it takes someone in the coverage dpt to determine that there was coverage on the date of loss). However, if the insurance was lapsed on the day of the accident, this will, of course, cause there to be no coverage for the accident.
Will a no fault accident raise your insurance rates?
You need to check with your agent or policy services for you company. They can tell you their rules for accident/claims related rate increases.
What is a combined single limit?
Liability policies commonly offer separate limits that apply to bodily injury claims and to claims for property damage. "50/100/25" is shorthand under such a policy for $50,000 per person/$100,000 per accident for bodily injury claims and $25,000 for property damage. A combined single limits policy might cover for $100,000 per covered occurrence whether bodily injury or property damage, one person or many.
What is combined single limit?
Liability policies commonly offer separate limits that apply to bodily injury claims and to claims for property damage. "50/100/25" is shorthand under such a policy for $50,000 per person/$100,000 per accident for bodily injury claims and $25,000 for property damage. A combined single limits policy might cover for $100,000 per covered occurrence whether bodily injury or property damage, one person or many.
Is insurance coverage valid if the insured did not make a payment to finalize the policy before an accident occurred?
In most cases, no. There's usually a waiting period after they receive the payment * Agreed, if the policy was not in force at the time of the accident the insurer is not liable for paying damage claims.
What is accident policy?
An accident policy is an insurance policy that will pay all or a portion of medical expenses incurred in the course of an accident.
If you have an accident while driving someone else's car does it effect your own insurance?
it might not affect you current policy but after renewal the points you received in that accident with Hurt you.
Can your current car insurance company raise your premium for using another policy on another vehicle you own?
Unclear on your question. Do you want to know if your rates will go up because you have a different car with a separate policy? Probably not just because you have a separate policy, unless your current policy is discounted because of multiple vehicles and you are removing one of them to go with someone else. On the otherhand, if you had an accident and turned it in to the company covering that vehicle, your current company will know about the accident and it is possible your rates could go up because of the accident not because you have another policy out there.
Does Medicare cover hospital costs in an auto accident?
Yes, If there is no other insurance company or policy liable. For example if there is another policy liable, Medicare will share in the cost after the auto policy has paid its responsibility. We have seen cases where Medicare has paid claims and ultimately requested reimbursement from the individual because they later found another auto policy that covered the accident.
