There are two parties involved in an insurance contract. They are;
Insurer: The party to an insurance arrangement who undertakes to indemnify for losses.
Insured: The person, group, or property for which an insurance policy is issued.
That's up to the court which will base its decision on state law, the relative economic levels of the parties involved and perhaps who carries the health insurance that covers the chid.That's up to the court which will base its decision on state law, the relative economic levels of the parties involved and perhaps who carries the health insurance that covers the chid.That's up to the court which will base its decision on state law, the relative economic levels of the parties involved and perhaps who carries the health insurance that covers the chid.That's up to the court which will base its decision on state law, the relative economic levels of the parties involved and perhaps who carries the health insurance that covers the chid.
There are several parties involved inclearing and forwarding, the following are among of them; Ministry of finance (for instance in Tanzania), Banks, Insurance companies, customs authorities, port authorities, and so on.
After an accident, all parties involved with the accident should exchange insurance information. Typically, the insurance companies will talk to each other about repairs and cost.
Generally, the parties would be the insurance company, the insured and the dentist. However, depending upon the nature of the policy, there may also be an entity, such as a third-party administrator that is responsible for pre-approving procedures and issuing payment to the provider.
In Louisiana, state law requires all drivers to have insurance. To drive, a person must have insurance in case they are in an accident, so the parties involved can be taken care of.
Yes, both drivers will see an increase in premiums.
The Insurer and the Insured are parties to an insurance contract.
If both parties that are involved in an accident have the same insurance, the party who is responsible for the accident would have to pay. Even if they are on the same insurance plan, it is like both of them paying.
It is usually the at fault parties insurance that pays. There may also be coverage in the deceased parties insurance.
Insurance companies determine fault by looking at police reports, taking statements from the parties involved and witnesses, and looking at the vehicles.
The reason you need car insurance is for protection for both you and other parties. Without insurance, if you were involved in an auto accident, you would have to take the responsible party to court, which cost you time and money. Insurance covers this cost, as well as it finicially protects you. if you were found at fault for an accident, and did not have insurance, you would be responsible for all the damages and medical expenses for all parties involved. This could end up costing you several thousand dollars, which most of us could not afford. Insurance covers this cost, as well as insures that if you are injuried in an accident that wasnt your fault, that you are fully compensated for your injuries
If there was a police officer involved then you would probably be cited for not having auto insurance. If you are found to be at fault then legal action could be brought against you by either the other party or the other parties insurance company.