one of the first things any claims adjuster should do is give you the claim number for your claim......for a variety of reasons.........that doesn't necessarily mean they will be repairing your vehicle, or that the claim number is necessary to have the vehicle repaired.
insurance follows the vehicle, not the driver. If you loan your vehicle to someone, you assume the risk of them having an accident. Only if there is no insurance on the vehicle would the driver's insurance become effective for the loss of a vehicle not owned by him.
A claim that you make on your own insurance for repairs due to a collision.
Basically, if your vehicle is being repaired at a garage within the ICICI Lombard network, then your claim is cashless. In case the garage is not part of the network, you will be reimbursed for it.
Yes, if you have collision insurance. It would be a collision claim and you would have to pay what your collision deductible is. If your car caused damage to someone else's vehicle or property, you would also be liable for the damages.
If you want to collect the depreciation your insurance company withheld from your claim payment you must make the repairs to your home. After you make the repairs contact your insurance company and they should issue a check for the depreciation.
I assume that by "cash out" you mean the vehicle was a total loss. I also assume that you worked out a way to keep the vehicle after they paid you for the loss. If you have had the vehicles repaired you can insure it with no problem. If you did not have the repairs done you can purchase liability insurance but not physical damage coverage. Another issue will depend on your State's laws and regulations. In most States when a vehicle is totalled the insurance company notifies the State and the title is cancelled. You can have it inspected and get a salvage title. Until the inspection is done you cannot register the vehicle and get a tag.
It depends weather you are using your vehicle for business, if so yes you can also claim new tires, repairs, and you use to be able to claim your tags/insurance... Don't know if they except that anymore though.
The registration of the vehicle has really nothing to do with the insurance. If you have valid insurance at the time of the accident, then you will have coverage for the type of coverages on your policy. If you only had liability, then the other parties vehicle will be covered as well as injuries of the other party. Your car will not be fixed under liability, you have to have physical damage coverage for your vehicle to be repaired.
What! Insurance pays for financial losses. I don't understand your question.
no you are not legally bound to repair your vehicle, (especially as a second party or claimant)..........remember however, should you have another accident, this non repaired damage will not be fixed again......there are many ways that adjusters recognize 'prior' or pre-existing damage'.......also should your vehicle total this pre-existing damage will be deducted (or a percentage there of) from the value of your vehicle........
Of course not. Insurance is supposed to put you back to the same position you were in before the damage occurred. Your not "entitled" to make money on a claim. If your property was repaired the contract was fulfilled.
Every state requires repossession agents to carry insurance. If the vehicle is damaged during a repossession or especially a wrongful repossession, the agency that secured the unit must have it repaired at their own cost, or as a matter of insurance claim. Remember, do not sign for acceptance on the repairs until you are absolutely satisfied that they have been done properly.
You call your insurance company and file a collision claim. You pay your collision deductible and they will set up repairs for your vehicle.
The insurance company issues the check in both names, because there is still money owed on the vehicle. In which case, you would not be allowed to make your own repairs.
The same as a purchased truck that has been wrecked. You will have been required to insure the vehicle. Contact the insurance company and file a claim. An adjustor will determine if the vehicle should be repaired or totaled.
Selling your car with insurance claim pending, will simply null and void your insurance claim. Because your damaged car can be subjected to inspection by the Assessor of the Insurance Co. for assessment of the insurance claim any time.
Yes, your homeowners insurance policy can be cancelled or non renewed if the insurer determines that your home or property has hazardous conditions. Especially if the homeowner has already collected on a claim and failed to make the necessary repairs.
Contact the claims representative and have them adivise you on what to do.
If your lien holder repo's your vehicle, they can file a claim against your insurance for damage to the vehicle. The repo company itself would have no claim, because it's not their vehicle.
Generally, the claim payment check will be sent to you, however the check will be payable to both you and your bank. The bank will have to endorse the check to you.
You can collect it if you want, because the lienholder is going to charge you for not having insurance for as many months as they can, and the amount of what it will cost to get the vehicle repaired. I say give them the check, you will owe less.
This answer can be very involved. Most simply, you should attempt to get your insurance adjuster and the repairer to agree on the cost of repairs. Insurance companies issue 'supplement' payment on claims regularly.
You will need to for the insurance claim for car repairs.
It usually doesn't matter to the insurance company, you pay your premiums so you can get the check from them, if you dont fix your car it makes no difference to them, you may just be without a working vehicle. I disagree with the above...reason being the motor insurance contract is a contract of indemnity. Unless you declare it a total loss, one needs to get the car repaired. The insurers usually do not settle a claim without repairs being done and if they have pre-authorised repairs and given some advance, then in the normal course it would be considered as fraud as the obligation to make the car back to original state is not accomplished.....