0
What is the best company for paying out after road traffic accident claims?
Wiki User
∙ 10y ago
The best companies that pay out for road traffic accident claims vary depending on the kind of insurance that one has. However, the most common company that is used is Thompson Solicitors.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
If you are involved in an accident and Applied Claims Insurance Company is paying 1800 how much will your premium go up at renewal?
This depaends on the fault of the accident. There is no way to tell the answere to this question as there are many factors involving this. Is this the 1st accident, state, insurance company.....
What do you say to the insurance company when no one was cited in an automobile accident?
Report the claim anyways. Tell the truth and let the insurance company decide how to proceed. Remember, if you are paying for the insurance, you should expect claims to be paid if you have the coverage.
Why does your insurance go up if you have an accident or get a traffic ticket?
Auto insurance offers some protection against risk. The company agrees to take on your risk in exchange for your premiums, the money you pay them. There has to be an actual risk covered by the company, or there can be no legal insurance contract. Even if you don't have an accident for an entire covered period, the company was covering your risk so you obviously would get no money back for that period. The money you paid goes to the payment of claims made by other policy holders. If you get into an accident, some companies will ask you to increase what you pay in premiums because the accident [or ticket] probably indicates that the company is taking on a little more risk (there may be a higher probability that you will make a future claim) by covering you. Remember, you are paying them to accept risk on your behalf.
Do you have to pay your deductible if the accident was the other drivers fault?
The other driver should be paying if they were at fault; you may sue them for your deductible in small claims court if they had no insurance.
Who pays for damage of car if unlicensed minor is in an accident?
The owner of the car and their insurance company are responsible for paying for the damages as a result of the accident. To avoid this problem, you can start hiding your keys.
Will full coverage insurance cover your car if hit by another car on private property?
It should unless there was some illegal activity that had occurred and you had the proper coverages. There is no difference in a private property accident or a public street accident when it comes to paying claims.
What happens if you have car insurance and you have an accident?
You call your insurance company and report it. if the accident is your fault, with very minor damage, you would be better off paying for the damages yourself, rather than telling your insurance company and having your rates go up.
You cause a car accident and got a ticket from the police will insurance cover you?
Yes, that's why we buy insurance, however, the insurance co. is not resposible for paying traffic tickets, it is your resposibility.
Do you have to report an accident to your insurance company if you are still paying off the loan?
Yes, especially if you want insurance to cover part of the costs involved.
Is insurance coverage valid if the insured did not make a payment to finalize the policy before an accident occurred?
In most cases, no. There's usually a waiting period after they receive the payment * Agreed, if the policy was not in force at the time of the accident the insurer is not liable for paying damage claims.
In Wisconsin can my license be suspended for not paying a traffic ticket?
Yes, in the state of Wisconsin a license can be suspended for not paying a traffic ticket.
Can you still collect on your own insurance without paying the deductible after an accident.?
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.
