Most companies do not require you to report the accident to your own insurance company, but if you later find out the person did not have valid insurance or the other insurance company refuses to pay and then you later have to file a claim on your policy, it will slow down the claim process. Plus, each state has a statute on the time limit you have to file a claim and want it to be covered.
If someone is seeking damages from an injury as a result of an auto accident and they are not satisfied with the offer from the insurance company I would suggest that a lawyer be consulted.
Citizens Home insurance Company was a family members company as well. We have an assumption certificate that states the Independent Life and Accident Insurance company in Jacksonville, FL effective September 8, 1981. I have googled the Independent life and Accident Insurance and this is what I have found: In 1997 Independent Life and Accident Insurance company merged to American General Life and Accident as well as Home Beneficial Insurance Company and Gulf Life Insurance Company. American General Life and Accident Insurance Company was acquired by AIG in 2001 You can visit their website at www.aig.com Hope this helps.
who took over independent life and accident insurance company
It could be an insurance policy taken out with an insurance company in case of an accident.
Yes.
They have been bought out by American General Life & Accident
No.
When this happens, your Insurance company pays for damages. If the accident is your fault, your insurance rates can go up.
Depends on what insurance company it is.
They or their insurance company needs to pay for damage and medical bills in the accident. If they don't have insurance, they can still be sued for the accident by the victims insurance company.
Exchange all pertinent information with the other driver and report it to your insurance company.
It is advisable to call your insurance company immediately in any accident. If you do not, they may think that you are trying to defraud them by hiding the accident.