If you have gap insurance through both the car company and insurance company will you the insured be entitled to one of the payments to purchase a new car?
doubt it, gap insurance (usually sold by the car dealer or lien holder) covers just that the 'gap' between the acv (actual cash value-which is what the insurance company less your deductible if there is one, for your total loss vehicle) and pay off of your loan
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If your insurance company paid you for damages to your car can you use the money for a down payment on a new car instead of fixing the old one?
As long as there is no lien against the old car, you can use the insurance settlement for anything you want. But you won't be able to get insurance on it until it is repaired.
No, however you would create a real argument should you be injured in someone else's car and tried to look to your carrier for coverage. Which one would want to jump in and pay policy limits voluntarily? No, but often having two cars carried under the same policy/carrier will often qualify you for a… multiple car discount. ( Full Answer )
Do you have to keep up the payments on a car if the car has been stolen and the insurance company is being SLOW and you also have gap insurance?
Answer . \nYou signed the loan papers and until the loan is paid in full you and you only are obligated to your creditor. If you don't make the payments on time you will have your credit damaged.
If you have traded your old car for a new one how long do you have to contact your insurance company?
Answer . \nGenerally you have 30 days to inform your carrier and make appropriate changes to your policy.\nI am a licensed insurance agent, and this is pretty standard. I t is a grace period, but be prudent and do not wait till the last minute to inform your carrier.
Answer . No, they won't know, but you will be wasting money insuring a car that's not yours anymore. If anything happens in your new car, your out of luck. I went from a Dodge Durango to a Mercedes Benz and my insurance didn't go up. Just be honest and tell them.
You can apply for Car insurance with a new company, But you can't transfer your existing policy to another company
From The Insured . Generally this is done by asking the Owner of the Vehicle. Personal Auto Policies are not a matter of Public Record nor should they be. Persons with a legal right to know or a legitimate Claim to present Should do so through the Owner or Operator of the Vehicle. Should the Resp…onsible Party not choose to provide Insurance Information, Then Such information can be compelled through a Court action brought against the policy holder. ( Full Answer )
Insurance Cancel An insurance company can cancel you anytime they want to as long as they have a legitimate reason to do so, and they are required BY LAW to send you WRITTEN NOTICE to advise you of any cancellation should one occur. This not does not apply to monthly bill statements because within… the bill statement it says that your policy will cancel should they not receive a payment. This is the most common reason for cancellations, when people don't pay their monthly insurance bill. Another reason you may be cancelled the company can consider you high risk. If you hve had too many accidents or have have made too many claims with a certain time period, they can cancel you because they feel it would actually cost them more to insure you versus insurance premiums you would pay to them. Finally, you can be cancelled for fraudulent reasons. If you lied on a claim, mileage at time of policy issue, or just cheated the insurance for whatever reason, they can cancel you. Also, if the offense is serious enough, you can be sued or possibly prosecuted. ( Full Answer )
Insurance companies don't depreciate cars directly, cars depreciate themselves. Much like houses, cars can go up and down in value over time. But unlike houses, cars tend to go down in value the older they get and usually will not increase in value unless the owner cutomizes the car themselves consi…derably. If a car is totalled in the event of a crash, the insurance company usually will give the current market value for your zip code BASED on the condition of the car before it was crashed. This is why whenever you purchase insurance the broker or insurance company will take photos of your car. So in case you have any substantial damage, such as a dented bumper, you will be given the book value of your type of car with a dented bumper in it. ( Full Answer )
If you carry full collision and replacement of your vehicle, depending on your insurance company, they will pay the blue book value of the car if it is totaled. That is why it is important not to ever owe more than the car is worth, which is referred to as "being upsidedown."
Totaled means that the cost to repair it is more than what its worth...they will most likely give you something below KBB ...
Some of the top car insurance companies in the USA are Nationwide, State Farm, Allstate, Geico and Progressive.
Grading is done by how much the cost of parts are, what the type of vehicle it is, engine power, style and ncap tests.
This may very from state to state, but from what I am aware of the cars are bonded, which means the company has proven being able to pay for damage. The company pays for damages out of their pockets.
If you have a loan againest the car you need to contact your insurance company with information about the car before you can drive off the lot. If your insurance company is closed, you will need to contact them the first thing the next business day. Most insurance companies will cover you on the car… your are buying but need all the information right away to give you a quote and have you send them monies for the premium. ( Full Answer )
Insurer . Share . State Farm. 17.8%. Allstate. 11.0%. GEICO. 7.7%. Progressive. 7.2%. Farmers. 5.5%. Nationwide. 4.7%. Others 46.1. Figure are from 2010 and they are the top rated car insurance companies. .
The cheapest car insurance company is highly dependant on yoursituation. I would recommend using a local insurance companywebsite that compares rates to find which one is best for you.
Yes, but it is not customary. An example of when it may occur is, for example, when the state in which you live requires you to maintain personal injury protection and liability coverage; in that situation, you would notmally go to the insurer of your choice and buy those coverages. If, however, you… opt not to buy collision coverage, and the company through which your car is financed requires collision coverage (to protect the collateral, and hence, its interest), it may obtain "force-placed" coverage with another insurer which covers the lenders interest. ( Full Answer )
The initial action that may occur to the consumer is merely to go to another insurer. However, that may be am overly simplistic approach. Most states have statutes (laws) that delineate the circumstances under which an auto insurer may decline to renew ("drop") an existing insured. One of these i…ncludes that the insurer makes a business decision to no longer write insurance in the state. However, terminating policies for that reason is a fairly lengthy process and requires regulatory approval. Most states have consumer protection laws as part of their Insurance Codes that define and delimit the types of offenses for which an insured may be canceled (if found guilty). More likely, at least for a first offense, the result will be a premium increase. Additionally, the circumstances under which an insured may be "dropped" must be part of the underwriting guidelines that the insured files and must get approved as part of it application to transact insurance business in the state. Admittedly, though, some states are more/less consumer friendly than others. It is important that the person whose insurance has been canceled move quickly to replace it. This is because motor vehicle authorities track cancellations and, if due to a cancellation, the persons is no longer in compliance with the state's Financial Responsibility Law which requires the maintenance of auto insurance, his/her license/tags may be suspended until the insurance is replaced. For replacing you can check a comparisson site like this one where you can get free quotes from different companies ( Full Answer )
The insurance rate for your particular company should be layed out in your policy. You should also be able to go online and find out this information, utilyzing your policy number. If you're looking to see how much you should be paying, this question won't help. There are way too many factors that… play into auto insurance quotes, such as age, marital status, make and model of the car, driving record, credit history, etc. So, what might be a very reasonable rate for me could be very expensive for you. You should go on the websites of reputed, reliable insurance providers and compare car insurance rates. That will help you determine what you should be paying. ( Full Answer )
There are a number of companies that sell car insurance, many of which sell it in addition to other types of insurance. Allstate, Progressive and State Farm are very well-known companies who do so, but there is also esurance which sells on line, Geico, and probably ones particular to certain parts o…f the country. ( Full Answer )
Many companies offer discounts on car insurance when purchasing along with home insurance. Some of these companies include Progressive Insurance and State Farm Insurance among others.
Many of the major companies off car insurance in New York. These companies include Progressive, State Farm, and Nationwide. Other local companies exist for insurance in New York.
Car rental companies get their car insurance from the distributorsor dealerships where they have acquired their cars.
The leading car insurance companies are Liberty Mutual, Geico, Esurance, State Farm and Allstate. The main factors that determine the value of these car insurance companies is an excellent customer service, competitive prices and highly experienced staff.
One would purchase insurance from Prudential if their rates were better than other companies or if they provided services that other companies didn't. Some companies offer their employees discounts from Prudential, and this may induce somebody to get their insurance from Prudential.
Insurance companies that offer cheap car insurance for new and inexperienced drivers include Salt Springs Insurance, Meloche Monnex Insurance, and Kanetix.
Some car insurance companies are State Farm, Farmers Insurance, Geico, Allstate, Progressive, Century 21, AAA Insurance, Liberty Mutual, Esurance and Safe Auto, just to name several that are known. Many more can be found that might not be as common.
One can find a list of car insurance companies by going on reliable auto insurance websites. Another way is to go to the DMV, or their website, and look for a list of car insurance companies. Because the DMV is responsible for driving, it will most likely have a lot of good ones.
You can find car insurance companies in California, using a telephone directory. Another option is to visit the Altius Directory online, where they provide a full list of the companies.
There are no shortage of options to contact car insurance companies when looking for quotes. Major companies like Allstate, Progressive, State Farm, and GEICO all have 1-800 phone numbers and email addresses. Smaller companies can be visited directly in a city to check their rates as well.
Geico, allstate and state farm are some of the biggest carriers in New Jersey, but there are smaller ones that you can find that sometimes work with more commercial fleets.
One can purchase car insurance by contacting their local insurance broker. Many insurance companies such as Progressive, Geico, and Allstate can be contacted directly to purchase insurance.
There are a number of websites which offer this facility. Alternatively, you can visit the website of each company individually, or request other information by telephone or email.
There are a number of online sites which offer directories of car insurance companies in the city of Zurich, Ireland. The web domain "Zurich" for example, contains such a directory.
There are many companies that offer insurance for Mercedes cars. You can use an online comparison site to obtain quotations for insurance from many car insurers very quickly and efficiently. You can also approach car insurance companies directly, which allows you to obtain quotes from companies that… do not work with the comparison sites. You could use an insurance broker to use their specialist knowledge and contacts to obtain competitive quotes for you, but you may pay a premium for their services. Mercedes Benz also offer their own Motor Insurance, specifically tailored for their own vehicles. ( Full Answer )
There are several companies which offer car insurance in New York City.Nationwide auto insurance offers insurance and includes a written guarantee on repairs, a choice of repair shops and the ability to see your repair online.Mercury Insurance notes that Forbes called it "One of America's most tru…sted companies" and offers several options within it's car insurance service including liability insurance, collision insurance, comprehensive insurance, medical insurance, personal protection insurance and uninsured driver insurance. ( Full Answer )
There are many car insurance companies that allow you to purchase car insurance online. You can go to the websites or Gieco, Progressive, State Farm, or Nationwide. There are too many to list.
There are quite a number of various ways that one can locate car insurance companies in the United Kingdom. One good place to look is the MoneySupermarket website. They list several of them such as AA, Barclays, and Citroen.
The cheapest discount car insurance company one can purchase an insurance policy from varies from season to season. It can also vary from location to location. In the Pittsburgh area, Greener Pittsburgh is very inexpensive.
There are many insurance companies that offer car insurance to individuals. The best place to go to find out different prices would be to check around with friends or to go to individual insurance websites and get a quote. Progressive Insurance claims to give the pricing information for many other i…nsurance companies in their quotes, so that might be a great place to start. ( Full Answer )
The places to compare car insurance companies' rates are many and varied. Among some of the more popular sites are: Go Compare, Money Supermarket and Confused.
Several car companies such as Progressive offer a tool that allows one to compare their prices with a list of other car insurance companies. This would be a great place to start.
Each state has a government regulatory agency that is responsible for monitoring insurance companies to make sure that they are compliant with applicable laws. Information about car insurance company ratings can be found on these governmental websites.
One can find information regarding car insurance from many companies. Sites like ConsumerReports, Investopedia, and local American state based sites all have information regarding car insurance and ratings on insurance companies.
There are several car insurance companies operating in the state of New York, such as New York Motor Insurance. Alternatively, one could try Manhattan-Insurance, for example.
The companies that offer car insurance in New Zealand are Tower, AA Car Insurance, Club Auto, Consumer Car Insurance, and FinTel. If one is looking for rental car insurance then Fodor's Travel Insurance will help with ones needs.
Yes, but it would not make any sense. The only case this would be advantageous would be if you have one bad driver in a household and the other carrier allows it. It you have 3 vehicles and 1 bad driver that drives that vehicle and that vehicle only you could purchase a separate policy for that one.… Remember that each and every policy requires you to list all drivers and all household residents on each policy. What you could do if the company allows it is to purchase two policies, one with the two good drivers on it and put the bad drivers on it but exclude him on the policy. Put all drivers on the other policy with the vehicle that the bad driver drives. Remember that an exclusion means that the bad driver cannot under any reason what so ever drive either of the other vehicles and if he does not only will their be no coverage but the company will cancel you for lying to them. Even if it is a medical emergency or moving the car in the driveway, he cannot drive the vehicles. ( Full Answer )
Seriously, you do not know who you pay your insurance premium to.How about you just look at your proof of insurance card, that youare required to keep in your vehicle at all times, and see whatcompanies name is on that card. Or look at your bank statement andsee who you payed for car insurance.
Do you have to tell your new insurance company why there is a gap between when the old insurance ran out with the old insurance company and when the new one begins?
Loaded Question! If your insurance ran out, the car was parked, no. If there is something that happened to cause the former insurancecompany to drop you, yes. If something happened to the un-insured car that may need to bereported. If there is just a gap, no.