It can be said that insurance companies pay for cars after a wreck as long as you are fully insured. But when a person does get money from the insurance company it doesn't mean that they are buying it from you. The car will have to be taken to a car junk yard and you can sell it to them.
Insurance companies will be happy to insure as many cars as you want, as long as you are willing to pay the insurance premium.
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Of course not! It wasn't stolen or wrecked, it was taken from you for failure to pay on the loan!Be sure to cancel the insurance.
As long as you pay the insurance premiums, there is no limit to the number of cars one driver can insure. The insurance companies will be happy to do business with you.
Pay for it yourself and fix it or sell it to a junkyard, up to you.
It depends on the insurance coverage, and what caused the wreck. But allowing the coverage covers the incedent the insurance company will pay the VALUE DETERMINED BY THE INSURANCE COMPANY. Not what you think it was worth. I have about $40,000 in a car the insurance comapny will pay $3,000 for if it gets wrecked.
All of them do.
Insurance companies will not pay if the beneficiary is convicted of the homicide. Most insurance companies will pay the beneficiary if that person was not involved and the policy does not exclude homicide as the cause of death.
No Companies do not have to pay car insurance for vehicles owned and used by their employees. Why would they. If the vehicle is used by the employee for work there is probably a method that they use to reimburse the employee for expenses of the vehicle. This is a matter between them and their employees.
yes
This may very from state to state, but from what I am aware of the cars are bonded, which means the company has proven being able to pay for damage. The company pays for damages out of their pockets.
YOu have to pay the balance of what the insurance companies do not pay.