If a driver hits a pedestrian and does not have adequate car insurance but does have adequate homeowner's insurance will it cover the accident?
What happens when a pedestrian is hit by someone who does not have adequate insurance?
Answer The victim has the right to file a lawsuit for any expenses incurred that was not covered by insurance. The victim can also file a claim with their own automobile insurance for medical costs and uninsured/under-insured motorist coverage. Your best bet? Hire a lawyer. Even the most straight-forward pedestrian accident can get complicated quickly.
Asked in Auto Insurance
If you are in an accident in Texas and it is your fault will your insurance cover your car repairs?
Asked in Homeowner's Insurance
Who writes homeowners insurance for people with poor credit?
There are many fine companies that can provide you with a homeowners insurance policy even if you have poor credit, You may not qualify for All Risk coverage or the Cadillac plans but you can still find adequate coverage. Just do a search on your your favorite Internet search engine, or call a local agent and ask about basic, or level 1 coverage if price is an issue. You may also want to consider contacting an independent agent or an insurance broker that has access to surplus lines insurance markets.
Asked in Insurance
What is meant by insurance and types of insurance?
Third party car insurance or third party liability is also referred to as the 'act only' cover. It is a mandatory cover under the Motor Vehicles Act to ensure that the driver has adequate insurance coverage to pay for the damages resulting from an accident. The first party over here is the driver of the car, the second party is the insurance company and the third party is any person (injured or who claims damage) involved in the accident. For More
Asked in Insurance, Life Insurance
How do you close or bridge Life insurance protection gap?
As the registered owner of a vehicle with insurance what happens if your son is involved in an accident with your vehicle if he lives with his mother and is listed on her policy?
Asked in Insurance, Business and Industry
What does adequate insurance mean?
The term "adequate insurance" refers to having sufficient insurance coverage with an authorized insurer to provide you with enough protection for the financial losses that you could reasonably incur. This includes damage or destruction to property that you own or lease, or damage sustained by other parties as a result of your own negligence. The amount of coverage that translates into "adequate insurance" depends upon the interest(s) that you wish to protect.
What do you believe in if your against adequate insurance?
Asked in New York, Homeowner's Insurance
Is homeowners insurance mandatory in New York State?
Asked in Insurance
What type of coverage is included in the lowest priced auto insurance plans?
The lowest priced auto insurance plans will be third-party only insurance. This means that if you have an accident that is your fault, your insurance company will cover the damage caused to the other person, but will not pay for you to have your car fixed. Very low priced insurance will most likely be low for a reason, so make sure that you check it all out properly and make sure it is adequate cover for your needs.
Do we need special accident or health insurance riders to cover our sons attending summer football camps?
Yes, you need special accident or health insurance riders to cover your sons attending summer football camps. You can get more information at www.nymetroparents.com/newarticle.cfm?colid=8463 These days most organized school sports activities will require insurance before the student will be able to attend. Sometimes the family policy will be adequate but some schools will make it available for an extra fee.
Why do you have to have insurance?
In regards to Homeowners insurance: most homeowners have a mortgage...therefore your home technically belongs to the bank/lender and they need to protect their 'investment' so banks/lenders require that you carry adequate insurance to pay for the damages that may occur to your home or even to pay the debt, in full, should you suffer a major catastrophe & your house is totally destroyed. Remember, the lender has a financial interest in your home. Likewise, most Homeowners Insurance Policies offer Premises and/or Personal Liability coverage One of the most common claims that this type of coverage helps to protect you, is in the case of liability from dog bites. If your dog bites a neighbor either while off-leash or on-leash, this coverage can offer some financial protection. Certain breeds of dogs are automatically EXCLUDED from coverage, so be sure to contact your agent/insurance company for more information. Don't wait until after you buy that 'guard-dog' and it bites somebody! Likewise, Homeowners Insurance offers coverage for your much-valued contents...ie., furniture, clothing. Also there is usually coverage for other structures such as outbuildings. In the event that your home is uninhabitable due to a covered claim, your homeowners policy usually offers coverage for having to rent another apartment/home, etc. while your home is being repaired or rebuilt. Always be sure to review your Homeowners Policy EVERY year, with your agent/insurance company!
Does insurance pay house off after house destroyed by fire?
It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance. If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance. It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance. If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance. It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance. If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance. It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance. If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.
Asked in Commercial Insurance, Liability Insurance
Are we able to cover one of our Contractors for a few days on our insurance?
If your referring to your homeowners or property liability insurance, No. Hired workers are not covered under your home insurance policy. Contractors are expected to provide the necessary coverage for the risks involved with their chosen profession. Most people are wise enough to select a contractor who can demonstrate they are competent in their field. Having adequate insurance to cover the activities of their workers as well as any potential damages to your property are just one sign of competency that consumers look for.
Asked in Insurance
What kind of health insurance for senior citizens would be considered adequate and affordable?
Asked in Insurance, Life Insurance
Adequate life insurance protection is important for those?
Should you get uninsured motorist insurance?
Unfortunately, yes. Although the laws require every motorist to have adequate insurance coverage in order to register their vehicles, some will do just that and once they receive their current vehicle license, drop the insurance simply because they cannot afford it and eat, too. You should also get "under-insured" motorist coverage too ... some may have the absolute minimal insurance that simply will not cover enough of the expenses that are incurred by accident victims.
What to Expect if you are Injured in an Auto Accident?
Being injured in an auto accident puts you at a distinct disadvantage for making sure that everything is documented properly at the scene of the accident. You will most likely be taken to an emergency room before you have a chance to collect insurance information from the other driver or explain what you believe happened to the police officers investigating at the scene. If possible, try to call someone you trust to come to the accident site and act as your representative to make sure you are treated fairly. Trusting the Police to Determine Fault In most cases, you will have to trust the police to get the necessary information for you. It is better to get treatment for your injuries as soon as possible and leave the details to others. You can always contest anything that you believe is incorrect while the insurance companies are working on your case. The police will try to get eyewitness accounts from as many people as possible so that they can build an accurate recreation of the events that led to the auto accident. If you have a friend who can stay at the scene and help with the investigation, you can feel even more comfortable that your side will be heard before the accident report is written. Dealing with Both Insurance Companies With an injury auto accident, the declaration of which driver is at fault makes a big difference. The insurance company of the at-fault driver will be responsible for covering medical bills for people in both vehicles. If the other driver does not have insurance, or their insurance is not adequate, you will need to make a claim to your insurance company to cover damages. It is important to talk to your insurance agent as soon as possible after the auto accident. Also be sure to keep all of the documents and receipts related to your medical treatment. When an Attorney Could Help Injury auto accident insurance claims can become complicated. If you begin to feel like you are in over your head, or you are not being offered a fair settlement, it may be time to call an experienced insurance attorney. These professionals understand insurance law and can represent you to both insurance companies to make sure that you receive the maximum settlement that you deserve. When there is an attorney involved, insurance claims tend to be processed faster and more satisfactorily.