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What else can I help you with?
Is it legal for the insurance company not to pay the loan company on a totaled car?
Yes. The insurance policy is a contract. All it requires the insurance company to do is to pay the fair market value of the vehicle. You would need to get what is called gap insurance to pay the difference between the market value and the loan value.
Will your insurance company pay you a diminished value if accident is your fault?
No, if it is your fault you are not eligible to received diminished value from your insurance company. It has to be a third party claim, ie the party at fault's insurance company pays the damages if you can recover them.
What is the cash value in an insurance policy mean?
The cash value is the amount of money your insurance policy is worth to the owner of the policy if the insurance is cancelled and the policy terminated. The insurance company will mail a check to the to the policy owner upon policy termination or cancellation by request of the owner. I would strongly encourage you to consult a professional in your area before cancelling an existing policy. There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.
Do insurance have to pay you the value of your wreck?
It depends on the insurance coverage, and what caused the wreck. But allowing the coverage covers the incedent the insurance company will pay the VALUE DETERMINED BY THE INSURANCE COMPANY. Not what you think it was worth. I have about $40,000 in a car the insurance comapny will pay $3,000 for if it gets wrecked.
How do you find out the value of an old insurance policy?
Contact the company
What is the best value insurance company in NJ?
To find the best value insurance company in New Jersey visit the New Jersey dmv site. This site will guide anyone looking for insurance to contact the right companies or agents to find cheap insurance.
How much does motorcycle insuranc cost?
There are several factors in calculating the cost of motorcycle insurance for an individual. Some of these factors include your age, experience, driving record, location, etc. Insurance companies will also need to factor in what type of bike you are riding and what the value of that bike is. The best way to figure out what the cost of motorcycle insurance will be for you is to request a quote from a motorcycle insurance company. Here is one website that will allow you to request a motorcycle insurance quote online: https://www.dairylandcycle.com/motorcycle-insurance
What is the average price for motorcycle insurance in AZ?
It is difficult to determine an average cost of insurance, no matter what state you live in. There are several factors in calculating the cost of motorcycle insurance for an individual. Some of these factors include your age, experience, driving record, location, etc. Insurance companies will also need to factor in what type of bike you are riding and what the value of that bike is. The best way to figure out what the cost of motorcycle insurance will be for you is to request a quote from a motorcycle insurance company. Here is one website that will allow you to request a motorcycle insurance quote online: https://www.dairylandcycle.com/motorcycle-insurance
How do you find about cash value on your policy?
Check with your agent or insurance company.
Do you get to keep your car if an insurance company right your car offbut give you predamage value for it?
Generally NO, as in effect when settling with you, the insurance company is buying the car from you. Therefore, the car belongs to the company. If you still want the car, many insurance companys will allow you to buy the car back at the "salvage value."
Is it legal to return items for cash value after the insurance company gives you replacement value for the purchase?
Yes.
Your car was recently totaled by insurance company can you buy it back from the insurance company?
I totaled my Mustang and was able to buy it back from the insurance company. They gave me the Blue-Book value less my $500 deductable. They would not insure it after I repaired it, I had to switch insurance carriers to get coverage.
