both, you for hitting the other vehicle and the other driver for being unlicensed
The section responsible for compensation for injury or damage to property is typically covered under the insurance policy's liability coverage section. This section outlines the coverage provided for damages or injuries caused by the insured party to another person's property. If the damage is covered under this section, the insurance company would typically reimburse the affected party for the cost of repair or replacement.
This is known as the principle of utmost good faith, where both the insured and the insurer are expected to act honestly and fairly in their dealings. By providing truthful information and paying the premium, the insured is fulfilling their obligation to disclose all relevant details to the insurer.
Generally, no. However, the fact that you are in jail does not excuse making the premium payments on the policy. Therefore, the policy may lapse (terminate) for non-payment of premium if payments are not made. Jail may enter the picture in another way. If the person who goes to jail is the beneficiary on the policy, and the incarceration is because the beneficiary killed the insured, the beneficiary will not be able to collect the life insurance proceeds. A person such as he/she will not be permitted to benefit from the wrongful act of killing the insured.
particular charges are broader in scope than sue and labour, while sue and labour are expenses incurred by the assured to mitigate or avert a loss which will be incurred by the insurer, the idea behind this is that the owner should act like a prudent owner uninsured and protect his property. one important difference between them is their contiguity to the subject matters destination .particular charges on the other hand are expenses associated with preservation of the subject matter such as repair costs survey expenses. in practice however particular charges are related to cargo expenses at destination such as proceeds for sale survey etc .
Yes, a stepdaughter can purchase life insurance on her stepfather, as long as he is willing to sign the application as the insured, and is willing to undergo a physical exam, which the insurance company will pay for.
regardless of whom is insured or not, the 'negligent' or liable party is responsible for the damage or 'to make whole' the injured (this means damage to vehicle as well) party........ i think the insured should pay since it was there fault
If the driver with the suspended license caused the accident then he/she is responsible.
Yes, this is because as you stated, the insured driver was at fault. The at fault driver is responsible regardless of the insured status of the person they hit. A good rule of thunb is this,, If they had insurance would I be responsible If the answer is Yes, then the answer is still Yes
When you buy a car, you have 30 days to get it insured before it becomes illegal, but you are completely financially responsible for any damage done until you are insured.
The insured drivers uninsured motorist coverage should take care of it. Doesn't matter if property is private or not.
Only if the truck driver was at fault.
No according to the law (which may be different from state to state) The uninsured motorist is always at fault
Usually an uninsured motorist accident is not chargeable against insured in any way. Your rates should not be effected at all with most insurance companies.
The majority of the time no because it is an insured's policyholder's duty not to let unlicensed people driver their car because they cannot legally drive.
If the accident was caused by the uninsured driver than the uninsured driver is definitely still responsible.
"Stacked" refers to uninsured motorist coverage, not to liability or physical damage coverage. In essence, if there are two cars in a household, both with insured motorist coverage, the uninsured motorist limits of the cars can be "stacked"--added together. Naturally, this will only make a difference if the severity of the injury and the clarity of the liability is such as to warrant that size of a payment to the insured. Keep in mind that the assessment of damages by an insurer in an uninsured motorist claim is similar to that done by a liability insurer in a third-party claim. Note also that some states have "anti-stacking" statutes which prohibit the stacking of ininsured motorist limits.
Yes, they can. When you enrolled in the health plan and when you submitted the claim, you agreed to allow them to recoup money from any responsible party. It does not matter whether the responsible party was insured or uninsured; if they paid, the health plan has the right to recoup the money it paid for your care.