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IF THERE IS ANOTHER CAR AND DRIVER INVOLVED IN THE ACCIDENT THEN WHEN YOU MAKE A REPORT YOU REFER TO THE OTHER CAR AND DRIVER AS THE 2ND PARTY
You only need to report it if you are expecting some compensation.,
It would make no difference as long as they had coverage on the date and time of the accident. They can cancel the policy after the accident and coverage would still be provided.
If, during the precedings, you are picked up your licence then a separate matter will start up.
You will probably receive a citation for driving while suspended. If you were not at fault for the accident, the other party involved should have insurance that will cover your loss or damage that resulted in the accident. It is a good thing that you were not at fault in this accident.
Please give me more information on this and I am sure I could help. Are you saying you did NOT have any accident at all, and the insurance company paid a second party for this loss? Please provide more info.
there is no such thing as a second party
Third party car insurance or third party liability is also referred to as the 'act only' cover. It is a mandatory cover under the Motor Vehicles Act to ensure that the driver has adequate insurance coverage to pay for the damages resulting from an accident. The first party over here is the driver of the car, the second party is the insurance company and the third party is any person (injured or who claims damage) involved in the accident. For More
You are responsible for the damage you cause in an accident, regardless if you are insured or not. Having insurance transfers your responsibility to pay for the damage from you to your insurance company. If there are injuries to the other party, then the other party's insurance should pay for their injuries, but you are still responsible for the property damage you have caused the other person.
Yes. It is the responsibility of the at-fault party to pay for the damage caused in an accident, regardless of the license or insurance status of the not at-fault party.
You have 1 Year after a minor accident to have a claim
The first part is going to the second part's party, so it's obviously The second part's party.