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When you purchased your used vehicle you had to have full coverage befor you drove the vehicle off the car lot you purchased full coverage and a few months later you were in accident that wasn't my fa?
Wiki User
∙ 10y ago
I had full coverage when I purchased my used car and a few months later I was in an accident that wasn't my fault and the time I was paying on my insurance they told me that I was only paying liability I never cancelled my full coverage to liability. what can I do about this?
Wiki User
∙ 10y ago
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Is insurance company still liable for medical payments even you no longer carry that insurance?
The insurance should cover an accident while it was in force. If you had insurance 2 months ago and the accident happened 2 months ago, coverages should apply. If the accident happened today and the coverage stopped 2 months ago, there should not be coverage.
If a new car was purchased and driven for two months and then hit by a vehicle who was at fault what should a fair settlement be if the car is not totaled?
The amount of the repair bill. You might also get a rental car if you have that coverage on your own insurance.
In the state of Texas can the lender repo your vehicle if your auto insurance lasped for 4 months you was told you had to pay full insurance coverage or vehicle will be repoed can they?
Yes they can repo if they catch the insurance lapse. Most financed vehicles have a Full Coverage clause that you signed and agreed to when you contracted to finance the vehicle.
How long does it take to get insurance money for damages done to your vehicle in an auto accident?
It can take up to six months or longer if there where injuries involved.
Purchased a used car 3 years ago The dealer never disclosed it was involved in an accident What is your recourse?
Purchased a used 2003 Lexus LS430 from a Lexus dealership in state of Washington. The dealership never disclosed that the car was involved in a accident 8 months prior. Now I cannot sell it. What are my options?
If one of your vehicles is leased and requires full coverage then do your other vehicles require the same amount of coverage?
There are 3 types of coverage on all car insurance policies. 1. Liability that pays for the damage you cause to others. 2. Med pay/PIP/Uninsured motorists that cover injuries in your vehicle. 3. Comprehensive/Collision that pays for your vehicle to be repaired. Coverages 1 and 2 are generally considered policy level and have to be the same on all your cars. Coverage type 3 is a vehicle level policy and can be different from car to car. You will be able to find insurance companies that will allow you to do different coverages on all your cars but don't look too long this isn't that important. Many lease agreements require higher liability limits of 100k/person 300k/accident for injuries and 50k/accident for prperty damage. The reason why the lease agreement requires higher liability, and a finance agreement does not, is because technically you are just borrowing a leased vehicle and if you cause an accident the leasor can be sued for the damage you cause. The way the protect themselves from that happening is by aking you to carry high liability limits to minimize that possibility. Regardless if you are leasing or not you should considering liability limits this high because the cost to do so compared to the extra protection is usually a very good value. EX, if you are paying $200/6 months for liability coverage of 25k/person 50k/accident you are essentially paying $4/$1,000 of coverage. Going up to the 100k/300k coverage will likely cost $250/6 months or $0.83/$1,000 of coverage. Keep in mind regardless of how much liability coverage you carry, if you cause more damage than what you have insurance for, you then become responsible for the rest. For category 3 you'll be expected to carry nothing higher than a $500 deductible.
Do you have to have insurance full coverage if you are not driving a car that you are still paying on?
Yes & No. You still have to have liability coverage, which is the lowest type of car insurance, if you plan on driving another person's vehicle. Because, several years ago, I drove my friend's vehicle and the brakes went out and I rear-ended another vehicle. My friend did not have insurance on his vehicle, so my license was suspended for three months for no insurance. I advised the DMV that the vehicle wasn't mine! But, they told me that it doesn't matter! I should have had liability insurance anyways, if I was planning on driving someone Else's vehicle!
For how long can you use a Temp Cover car insurance policy?
You can purchase temporary coverage for your vehicle for as long as you need it. There are policies for 1 day to many months depending on your specific needs.
Drivers Must Have Proof?
Missouri drivers can get great car insurance rates if they look online or call one of the local companies. The average car insurance premiums in Missouri are $1, 149. This is below the average of other states in the country. One of the only months that rates are higher in the state is October. The rest of the year, drivers see lower rates on their insurance. Missouri is under a Tort system when it comes to who pays the medical expenses after a car accident. Someone in the car accident has to be found to be at fault so that one of the insurance companies can pay the premium. A minimum coverage of $25,000 for one person in the event of an auto accident is required by the state. Drivers can get a higher coverage if they want to do so. A maximum of $50,000 is awarded for each person involved in the accident to pay medical expenses if there are any to pay. There are smaller insurance premiums that can be purchased in the state. Missouri requires that all drivers carry liability coverage, but they are not required to have collision or comprehensive unless they are buying a vehicle. Drivers who do not have insurance and are in an accident cause the rates of other drivers to increase. The numbers of insurance claims that remain unpaid are climbing due to more drivers thinking they can get by with no insurance. Drivers are required to provide proof of insurance before they can get the tag on their car renewed or when they register a vehicle. If they cannot provide this information, they will not get the vehicle registered. If you drive in the state of Missouri, you must have proof of your insurance in your car. Not only must you have proof of the insurance, it has to be an updated copy that has a current date. Not providing this information if a driver gets stopped could result in a ticket. Drivers who are in an accident and do not have insurance will be turned over to the Department of Motor Vehicles.
Will home replacement insurance pay for fire after 3 months of coverage?
Yes, your coverage begins on the effective date of your policy.
If the cosigner has had possession of vehicle 15 months paying the payments does the primary have the right to the vehicle?
will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle
Insurance Coverage- Compare and Save Big?
When you drive, it is required by law that you are covered by insurance. The type of coverage that you have can vary on many things, such as the type of vehicle you drive, where you live, your driving history, and so forth. Finding discounts on insurance coverage is a lot easier than one may think. For example, a safe driving record can get you a lot of discounts right from the start. Companies like to insure drivers that they deem are safe on the road, because there is less of a risk that they will cause an accident, causing them to pay for it. Another way to utilize this type of discount is to find a company that lowers your rates even after you begin a new policy. For some companies, for every 6 months or so that you are accident-free, you may be given a lower rate on your insurance. What an incentive to drive safely! Consider the coverage that you actually need when you shop for auto insurance. When you do not actually own your car yet, such as when you have a loan out from the bank or a lease, you will have to have full coverage on your car. That means having what is known as comprehensive and collision, as well as liability, which will cost more. But once you own your vehicle, or if you buy a used car for cash and have the title, you are legally allowed to just have what is called liability. Liability only covers the other person in the event of an accident, but it will be your cheapest option. Consider the pros and cons of this (such as how much your vehicle is worth) before you drop to liability. However, it is an option that can shave tons from your policy. You can take advantage of other discounts, as well, when you search for auto insurance. If you live in a safe neighborhood, you may be able to lower your rates. If not, see what type of anti-theft services you have on your vehicle, because these can help you save money on your insurance coverage. Other amenities such as air bags and anti-lock breaks can also help out when you need coverage. Check online when you need insurance coverage for your vehicle. You can easily compare rates and quotes, and find the company that will give you the best deals. Don't jump at your first offer- compare to get the best savings possible.
