answersLogoWhite

0


Best Answer

Either your policy was valid or it wasn't. If your company has no grace period and you paid your renewal premium after your accident you may very well not have coverage. This is why it is a good idea to make sure your payments are a few days early. Most policies start and expire at 1 minute after midnight on a given date. If "needed to be renewed" means you had received a renewal notice, these are usually sent a month or more before expiration. If you have had the notice for more than a month, you probably had no insurance when you had the accident, but your company MAY give you a 15 day grace period.

User Avatar

Wiki User

โˆ™ 2006-06-13 03:39:04
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: If you had a wreck and your policy needed to be renewed and you got it renewed the day of the incident do you pay out of pocket?
Write your answer...
Submit
Related questions

Guaranteed renewable A and H policy?

If a policy is guaranteed renewable, the policy can be renewed by the insured regardless of health.


What does the term renewable mean?

It means the term policy can be renewed without having to provide proof of insurability.


What happens if your auto insurance expires?

Then you will have to get a new policy. Usually a company will automatically renew you. Sounds like the policy non-renewed due to non payment of premium.


Can someone be denied reinstatement if their car insurance policy expired?

Yes. Allowing a policy to expire hurts your chances of getting good insurance with any company. Most will allow you to get your policy renewed, but you will pay higher rates.


In an incident response policy what is outlined in the containment area?

The containment area outlines the actions that should be taken to prevent the incident form affecting other systems


How do you renew a health insurance card Is there e fee?

It is not the card that is renewed, it is the policy that is renewed. The card is merely evidence of the insurance. Generally, at the end of the policy term, which is the period that the insurance is in force, the insurer will send a notice of renewal. This will contain information as to any changes in the coverage for the forthcoming year, and any change in premium. If you decide to remain insured with the company, it will issue a new insurance card for the forthcoming policy year.


What is the major assistance that an IC receives from the senior military representative during an incident?

Policy Direction


The major assistance that and ic receives from the senior military representative during an incident is?

Policy direction


The major assistance that an IC receives from the Senior Military Representative during an incident is?

Policy direction


What is needed for a life insurance claim?

Copy of the policy, or at least its policy number; and proof of death.


Lapse in car insurance?

A lapse in your auto insurance is a time period for which you had or have no coverage. Either your policy expired and was not renewed on schedule meaning you missed your renewal payment or you missed a monthly payment and the policy was cancelled.


True or false a multiagency coordination mac system provides support coordination and assistance with policy level decisions to the incident command system structure managing an incident?

true


What is a renewal option on life insurance policy?

By paying your renewal premia, your life insurance is automatically renewed. When a policy lapses due to non payment of premia, there is provision for renewal of policy by paying penal interest and by submitting 'Declaration of Good Health' form.


What should a company make activities such as hacked computers and damaged computer hardware a part of?

Incident response policyAnswer Explanation: All companies should have an incident response policy. Incident response policies generally provide steps to take when security breaches occur in the work environment. Although it is impossible to define responses for all security incidents, the major types of possible incidents should be covered. Events such as external intrusions, computer hacks, and hardware damage or destruction should all be made part of an incident response policy.


Does a condo association insurance policy cover partial dismemberment of a finger if accident happens on property?

Every master insurance policy is different. Review the policy to determine whether this incident and its affects are covered under the master policy the association carries.


What is the major assistance that an IC receives from the Senior Military Representative during an incident called?

Policy Direction


Why did Franklin Delano Roosevelt start the good neighbor policy for what incident?

To mend relationships with Latin America


How did the Great Depression affect the American Foreign policy?

They needed education and the men needed to work.


Is vandalism covered by comprehensive insurance?

Depends on your policy. If probably is if it's extremely serious vandalism, but you might be better off just fixing it out of pocket and not telling the insurance company depending on how much it would cost to fix (since the insurance company might raise your rates based on this incident).


Do complaints affect policy?

An indication that updating is needed is frequent employee or customer complaints about a particular policy


True or false a multiagency coordination mac system provides support coordination and assistance with policy-level decisions to the incident command system structure managing an incident?

true


Can an insurance company deney coverage because you did not report and accident settled out of pocket?

If it is in the policy, then yes they can deny coverage. You will need to read your policy carefully, it will reveal the answers there.


What is needed to add home insurance to replace a forced insurance policy?

Cancel the forced insurance policy and add terms and conditions to your homeowner policy.


Can a medical insurance company drop coverage for a group?

Yes. A group policy is not much different from an individual policy when it comes to cancellations. If the group misses payments or no longer meets the underwriting guidelines the policy can be cancelled or non renewed per local regulations and contract terms.


Can you change insurance policy as needed?

No, a insurance policy can not be changed.....rather it may be alter by assignment ( transfer of the ownership)...