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Does Baltimore city pay insurance deductible for stolen cars involved in accidents?
Wiki User
∙ 12y ago
No. The insured is responsible for paying their own deductible.
Wiki User
∙ 12y ago
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If you have car insurance and are involved in an accident that is your fault How much do you have to pay?
You have to pay whatever your deductible amount is.
Do you have to pay your deductible if you crash a rental car?
Read your contract, or talk to the branch where you rented the car. Usually a deductible only comes into play if you did not purchase insurance on the rental car and your own insurance policy is involved.
Will a life insurance policy pay if you are killed in a wreck and liquor is involved?
No. Insurance co will not pay drink and drive accidents. Neither Life Insurance nor auto insurance cos.
What is the function of the motor insurance bureau?
The Motor Insurance Bureau's purpose is to get compensation for people who are involved in accidents with uninsured drivers and have no other way to be compensated.
Do you want a high insurance deductible?
It depends on the person. The advantage to a higher deductible is lower premiums, however, the disadvantage is having to come up with a large sum of money if you're involved in an at-fault accident. A good question to ask yourself is (for instance, if your deductible is $1000), "If I'm involved in an accident that is my fault, can I come up with $1000 quickly?"
Dos the insurance company pay the depreciated value for a car involved in an accident?
Yes, otherwise known as market value less your deductible
Is there a deductible on liability auto insurance?
Not with respect to personal auto insurance. However, when commercial auto insurance is involved, especially fleet coverage, there sometimes is. It is not called a deductible, but a "self-insured retention". The insured selects an amount that it is willing to pay toward the indemnity of a third party before the insurer's obligation to pay is triggered.
If your parked car was involved in a hit-and-run with damage less than your deductible and you filed a police report do you have to notify your insurance?
No. But they won't pay for it of course. =)
If you are involved in a minor collision and the police respond do they report the accident to the appropriate insurance companies?
No, the police never notify insurance companies of accidents or tickets. It is the responsibility of the insured party to notify their insurance company.
If the deductible is more than the damage do you have to go through your insurance company if you have a minor accident?
Only if there were another vehicle involved. If for instance you back into a tree you wouldn't want to make a claim, unless the damage exceeded the deductible. Perhaps not even then.
Has it been involved in any traffic accidents?
has this vehicle been involved in any traffic accidents
If you were in a none fault accident will your insurance go up?
Possibly. Insurance companies determine your rate by looking at characteristics that predict future loss. Think about this in terms of receiving a traffic ticket. If you get a speeding ticket, it doesn't cost the insurance company anything, but you can expect your rate to increase. The logic here is that behavior A has a correlation to the future probability of causing the insurance company to pay a claim. Studies have shown that people involved in not at-fault accidents tend to cause future at-fault accidents at a rate higher than those drivers that have not been involved in any accidents.
