Keep in mind that the insurance company will compensate you for the actual cash value of the vehicle. This means the amount of money that it would take to replace the vehicle. Insurance companies do not use advertised prices to determine actual value. When was the last time that you actually paid "sticker" price for a vehicle?
Maybe. Did the unlicensed driver have your permission to be operating the car when the accident occurred? If so, maybe not.
Only if the friend gets into an "at fault" accident.
If you and your vehicle are in an accident, be sure to exchange phone numbers and addresses, as well as insurance, with the other party involved in the accident. Also, be sure that the police are notified of the accident.
If you are NOT at fault you have no responsibility and the vehicles insurance company that is at fault must pay all damages and costs including a rental car. If you are at fault it depends on the vehicles insurance policy if it covers alternate drivers.
insurance for commerical vehicles is higher because of the fact they will be driven more frequently by multiple drivers. The driving distance could vary from short to long. The probabality of being in an accident is greater, as well as lawsuits.
== == If no other vehicles were involved in this accident, the insurance company of the motorcycle driver has to cover the medical bills of the passenger who was injured.
Is there more to this question than meets the eye? Basically, if vehicles don't touch then it's difficult to see what accident has happened, but of course, if a body has been squeezed between the vehicles, thereby preventing them from touching, then yes, there has been an accident. Answer: Any Insurance company can be claimed for the damage of the vehicle and not the accident. It is up to the investigating agencies to look into the cause of the damage and ascertain if it was damage to accident in contact with what obstacle. It is not necessary that there a visual contact. Accidents/damages can occur even without a contact for insurance claims to be claimed for.
"You should always have insurance on your vehicles, regardless of what type. If you get in an accident and don't have insurance, you can be liable for any damages or injury to yourself or others. You should make sure you are protected."
UM/UIM policies are in case you are involved in an accident with a driver who doesn't have insurance or doesn't have enough. This policy is only in the event that the uninsured motorist is at fault for the accident. it is not necessary on all vehicles but it might be a good idea.
Only if you expect your insurance to cover you if the child has an accident. You auto insurance contract states that you are responsible for listing all household members and drivers who drive your vehicles. If you do not do this then you have committed material misrepresentation and the insurance company is then not responsible for paying for the damage from the accident.
With more and more vehicles on the road these days car accidents are becoming more common place. If a person should have a car accident the best place they can turn to for advice on an accident is their own car insurance company.
Insurance stays with the vehicle, barring any policly exclusions to the contrary, the insurance that covers the vehicle covers that vehicles actions. If you allow someone to drive your vehicle and they have an accident that is their fault your insurance will be the one that takes care of the damages.
One can purchase auto insurance for farm vehicles from many insurance company's. For instance, Farmers Insurance and State Farm both offer auto insurance for farm vehicles.
Auto liability insurance is specifically designed to cover any damage caused to other vehicles if you have an accident. It does not cover reapirs to your own vehicle. It is by law the minimum requirement for insurance in every state.
yes if you are in an accident and especially if you are at fault of an accident, you must file with your insurance company, so your insurance company can cover your damages and or other vehicle involved or pay subrogation demand once received from other vehicles ins company, if the other vehicle chose to use their coverage.
Yes - but - if they had an accident, the employers insurance wouldn't cover them !
Minimum insurance for cars is 'third party' insurance, for housing it's 'contents'. Third party insurance for vehicles does not cover damage to the owner's vehicle, only fire, theft and damage caused to other vehicles in an accident. Contents insurance for housing insurance, only covers damage to the internal furnishings against natural disasters (flood for example) It does not cover the cost of repairing the building itself.
Insurance companies determine fault by looking at police reports, taking statements from the parties involved and witnesses, and looking at the vehicles.
The insurance company is not going to force anyone to pay for damages to a car. The person that was driving the car and or the owner of that car that caused the accident is liable for the damages to the other vehicles involved in the accident. If there is insurance coverage for that damage then the insurance company will pay. However if the driver of the at fault vehicle is excluded from the insurance policy then the insurance company may be relieved from it's responsibility to pay on behalf of the owner of the vehicle.
If the car that hit you had no insurance, it is the duty of the Traffic and Motor Vehicles Department to penalize the owner. If you are badly injured, only you can be monetarily saved if you possess one Personal Accident Policy on your life along with your Medical Insurance Policy.
Yes. You can find them by checking the internet or local paper, or calling local auto auction yards.
CA Accident Code 5 means "Multiple Vehicles" were involved
Vehicles are insured not drivers. If you are qualified and authorized to operate an auto the insurance on it will pay for it and any damage done by it.