Claims for material damage (damage to personal property for instance) are settled on an indemnity basis, meaning they aim to place you in the same financial situation prior to the loss occuring. i.e you will get market value for the property damaged. The best way to check market value of a car for instance is to check out local ads of cars for sale. You will need to compare the going rate for vehicles of the same make/model/age condition and mileage etc. The insurer will usually pay on this basis and deduct the excess usually £100 - £250 for most policies (check your insurance schedule for details of your excess) Once an offer of settlement is made you do not have to accept it if you think your property cannot be replaced for this amount. To successfully dispute an insurer's offer of settlement you will have to demonstrate usually with examples of sales ads showing items similar to your damaged property being sold for a higher amount in the market place.
The settlement would depend upon the wording of your policy. You must read the policy to figure out what the maximum settlement might be.
how much money does insurance pay for an broken foot
Their is usually some waiting period for a life insurance settlement, but it usually does not take a long time. If too much time goes by without receiving your settlement, I would contact the life insurance company.
The amount of money paid out will be listed in the policy itself. Read the contract to find this out.
I think that some dental insurance plans are definitely worth the money. I would check with my insurance company to find out what they cover in and out of pocket. Then you will be able to see how much you are saving or not saving.
As little as they can get you to accept.
Unfortunately, because most accident insurance settlements are kept confidential, it is impossible to know the largest settlement amount awarded in history. Settlement amounts typically vary by how much insurance one has on their vehicle, and the amount of damage done to the car and passengers.
A settlement in any profession depends on a variety of factors. How a person was injured and safety protocols may determine how much money a person gets in a settlement.
In order to find out how much homeowners insurance is, one would need to contact an insurance provider. There is no obligation to buy the insurance but an insurance quote can be provided.
I believe it was $2500.
There is no recorded on how much money Gandhiji bought the land for Phoenix settlement in South Africa. It was told he gave very little for the land.
nipples