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Who pays insurance cost when the person you hit isn't the owner of the vehicle?
Wiki User
∙ 13y ago
The costs or premiums could be paid by anyone.
Wiki User
∙ 13y ago
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When leasing a car is the annual insurance included in the lease cost of the car.?
No, insurance is always the burdern of the car owner, not the dealership. When leasing or purchasing a car, the person acquiring the vehicle is legally responsible for acquiring car insurance.
Will insurance cost more for a new driver if the car is registered in his name?
In Texas, Yes, It will cost more for Insurance for a new driver whether or not he is the registered owner of a vehicle.
What does principal driver on automobile insurance policy mean?
The principal driver is the person who drives the vehicle over 50% of the time. This is the main driver of the vehicle and the person who will be rated as the driver for computing the cost of the insurance.
What is the average cost of Home owner's insurance?
The average monthly cost of home owner's insurance is aproximately $250,000 a month.
How much is insurance for a company vehicle?
The cost for insurance will be determined by the location of the vehicle as well as the type of vehicle.
Can you be charged a repo and insurance fee when the original owner never notifid you of the repo and drove the vehicle away herself?
I'm not sure what your question/situation is but... The Finance company can do what's called "forced insurance" meaning if you do not have insurance they will put insurance on the vehicle at a hefty cost to you. They can also repossess the vehicle even if you are up to date in payments but do not pay them their insurance rate.... and that money is still owed after the repo.
How much does a Kit Car Insurance quote cost?
The cost to obtain a Kit Car Insurance quote for a vehicle you built yourself is free. The insurance quotes will vary depending on the insurance company and the dependability of the vehicle.
Who pays the medical bills for passengers who are involved in an accident where the at fault party is uninsured and you don't have uninsured motori?
Each person is responsible for their own medical expenses. Each injured person can bring suit against the person who is at fault even though they did not have insurance. They are still the responsible party whether or not they had insurance. Good Luck though.
How much does motor vehicle insurance cost?
Depends on the vehicle, a Ferrari is gonna cost a lot more than a VW.
If a speeding citaton is given with company insurance info instead of personal whose insurance and record is affected?
When a speeding citation is given, it is given to the driver... not the owner of the vehicle nor the person (or company) who is insuring the vehicle. Therefore, the driver's insurance and driving record will reflect the charge. If this person was driving a company vehicle (and therefore insurance paid by the company) then the companies insurance policy COULD be affected but not always. The cost of corporate insurance policies that cover multiple vehicle and/or drivers are determined by many factors such as # of vehicles, types of vehicles, company claim history, # of drivers and ages there of. Most companies must report their drivers information to the insurance company which will then check the drivers records which will then allow the insurance company to 'rate that driver' and asses a cost for insuring that driver. Some companies will refuse employ drivers with too many moving violations... or not let them drive company vehicles. I hope the answered your question.
Why would an insurance company declare a vehicle totaled?
An insurance company declares a vehicle totaled when the cost to fix the vehicle exceeds 70% or more of its market value.
What is the average cost of classic car owner insurance?
The cost of insurance for a classic car is highly dependent on the value and rarity of the vehicle. On average classic car insurance costs around four hundred dollars. These policies do have added constraints; cars often cannot be driven regularly to and from work and must be kept in secure storage.
