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You should immediately report the accident both to your own insurance company and to the vehicle owner's insurance company. Depending upon which state you are in, either one or both insurance companies is responsible.
If a leased vehicle is in an accident, the lessor has to notify the lease company, along with their insurance company. Sometime the lease company will have you go through your insurance for repairs, other times they send you to their repair shop (if they have one).
If you have collision coverage on your vehicle you can collect from your insurance company for the damages. You will not have to pay the deductible if you were determined by the insurance company to not be at fault for the accident. They then go after the other insurance company to get the money they paid you back. If you do not carry collision coverage then you need to file with other insurance company, they will then decide who was at fault for the accident if their party was at fault they then pay you for the damages to your vehicle.
You should be talking to the insurance company that insures the vehicle you were a passenger in. If it was a single vehicle accident they will be responsible but if it wasn't then the at fault drivers insurance would cover it.
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.
most time if the car was in an accident and is totaled you will have to by it back from your insurance company
Either the cars owner or the insurance company who paid for the totaled vehicle
Certainly, liability insurance has nothing to do with who owns the vehicle. It deals with protecting the owner of the vehicle if sued as a result of an accident. Collision and theft protect the owner of the vehicle from loss.
If the accident is your fault, your insurance company is not going to pay out anything. If it is the other person's fault, the other insurance company will be liable.
You may not get the suggested retail value for your vehicle. However, this depends on who you sell it to. When making an auto insurance claim, you will get what the insurance company thinks the value of the vehicle is before the accident.
The Company who owns the vehicle would be responsible for deductibles listed on the policy their own policy.
it means "are the loss payments my insurance company made on my vehicle recoverable from the other insurance company?" If something is subrogatable, it means it is leagally recoverable from someone else. In insurance, if you are in an accident and not at fault, your insurance company has the right to subrogate against the other insurance carrier to recoup the money they paid out to fix your vehicle.