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If your car is declared totaled does the car belong to the owner or the insurance company?
Wiki User
∙ 8y ago
The insurance company. They have in theory bought the car or what was left of it.
Wiki User
∙ 8y ago
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What insurance company does this policy number belong to BAP178312?
Need to find out what car insurance company policy number 48-903-877-00 belong to.
Does x ray films belong to the insurance company?
No If you payed for the Xray then it is yours
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When insurance pays for a stolen rental car and the car was found who now owns the car?
All salvage rights would belong to the Insurance Company because they have already bought and paid for the car. It would now belong to the Insurance Company. If the Rental Car company tried to keep the vehicle without first negotiating a purchase or buy back from the Insurance company it would be considered Grand Theft. They would be subject to criminal and civil charges.
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No. You cannot insure a vehicle that does not belong to you. If you were to add the vehicle without telling the insurance company that it doesn't belong to you there will be no coverage and any claim will be denied. You will have wasted your money.
If a rented car is stolen and insurance pays but then the car is recovered what happens to the car?
The finder is obligated under civil and criminal law to notify the Police and the Owner of the vehicles recovery and location so they can come pick it up. Since the the Insurance Company already paid for it. It belongs to the Insurance Company. If the Rental company wants it back, They will have to try and buy it from the Insurance Company. All salvage rights would belong to the Insurance Company because they have already bought and paid for the car. It would now belong to the Insurance Company. If the Rental Car company tried to keep the vehicle without first negotiating a purchase or buy back from the Insurance company it would be considered Grand Theft. They would be subject to criminal and civil charges.
What insurance company does this policy number belong to ACA001614794?
It could be from any of a number of insurance companies. There is no regulation or laws pertaining to the way that policy numbers are determined.
How is insurance obtained on a boat being borrowed for 3 weeks from a friend?
Because insurance laws and costs vary state to state, you should call your agent. Added... You should check with the current insurance company. You are probably going to be unable to purchase insurance on something that does not belong to you in the traditional sense. You might have to insure through a speciality company. See a insurance professional...
Do insurance companies pay according to who was found at fault?
Yes, or if you carry uninsured motorist coverage, you may get some help from your own insurance company. If the car is totalled, you may receive close to Blue Book value--not the amount of the loan you owe. The car then will belong to the insurance company as salvage.
You bought a new bike via insurance money. your old one was then recovered. who does the new bike belong to and who does the old recovered bike belong to?
The new one belongs to you, the old one belongs to the insurance company. They did right by you, so do right by them by giving them a call and tell them what's happened.
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