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Your insurance company refuse to pay a decent compensation for pain and suffering can you sue for a higher amount?
Wiki User
∙ 9y ago
You can sue your insurance company for a higher amount but there is no guarantee that you will win. You will need to have proof and be convincing that you deserve more money for the pain and suffering.
Wiki User
∙ 9y ago
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Who pays if sued for more than liability coverage?
If the amount of liability insurance coverage isn't enough to pay for the damage, the insurance company will only have to pay the amount of the policy. For the rest of the amount, a personal lawsuit can be brought against the responsible party.
Difference between a deductible and a premium?
A premium is the amount of money you pay the auto/health insurance company monthly, quarterly, or biannually whether or not you get in an accident or go to the hospital. The higher your premium the lower your deductible, and the lower your premium the higher your deductible. A deductible is the amount of money after you get in a car accident or visit the hospital before your insurance company pays anything. After you have met your deductible the insurance company covers the rest of the expenses.
If you are at fault and opt for a driver's course to remove the points from your license does it also remove the points from your insurance policy?
Probably not. Although the insurance company may give you a discount for taking the course, it will probably be much less than the amount your insurance went up after the accident.
How much will my insurance rates go up for 2 speeding tickets?
The amount that a person's insurance will go up after 2 speeding tickets varies from company to company. Typically, the rate will go up by 50 percent depending on the actual driving record.
Can you settle auto personal claims without going to court?
Yes, and it frequently happens. When an accident happens, the injured person normally has 2 years before it has to file suit and some of this time is used to try to settle the matter before filing a lawsuit. The usual process is the person who caused the accident notifies his insurance company and gives it the details. The injured party sees a lawyer about suing. When the injured person is about done with treatment and it is known whether future medical treatment is needed, his lawyer is ready to put a dollar value on the injury. The lawyer will advise you or your lawyer of the amount of money they intend to sue for, but will offer the insurance company a chance to settle before that. The insurance company reviews the claim and the facts of the accident and injury and determines what it is willing to pay prior to suit being filed. A lawyer for the insurance company tells the other lawyer what they will pay at this time. If everyone is satisfied with the amount offered, it is accepted. Everyone signs appropriate releases, the money is paid and that is that. If the amount is unaccpetable, suit gets filed, but the negotiations starts again and the suit might be settled before the trial date.
What is the minimum amount of employees a company must have before workmen's compensation insurance is required in Illinois?
One. Workers compensation insurance can be carried on a one person company or not. However, if the company employs more than just the owner, workers compensation insurance is required.
How do get compensated if you just got robbed?
You can only get compensation, if you're ensured. You can get the amount from the insurance company. You have to submit the form for the compensation.
What is the minimum amount of employees a company must have before workmen's compensation insurance is required in California?
50 employeess
What is the title of the person in an insurance company who calculates the amount of compensation to be paid?
A claims representative or claims adjuster fits this description.
What is Amount payable by insurance company for insurance?
This is the amount paid by the insurance company to the doctor. It is the negotiated rate less the amount that you paid in the form of a copay, a coinsurance, or a deductible.
What is a fair amount of compensation to expect from another driver's insurance company after a MVA where you were injured and may have long term pain and aggrivation?
This is why they make lawyers. There is no set answer to this question.
What is Principle of indemnity?
The principle of indemnity is an insurance principle stating that an insured may not be compensated by the insurance company in an amount exceeding the insured's economic loss. "Financial compensation sufficient to place the Insured in the same financial position at the time of a loss, as he was enjoying immediately prior to the loss"
What happens if your car is totaled and you are paid up on your insurance but not on your car loan will it be repossessed?
The insurance company would not be interested in repossessing a car that has been completely demolished. The insurance company will pay over any damages to the loan company since it has a lien on the car. You would receive any amount remaining after payment of the car loan. On the other hand, you will be responsible for any remaining balance owed on the car loan. That is why "gap insurance" is important for a financed car. Gap insurance pays when the amount of compensation received from a total loss does not fully cover the amount the insured owes on the vehicle's financing.
What is the timing in insurance company to pay insurance amount?
At the time of the Maturity
What happens when a uninsured driver hit someone?
What happens when an insured driver hits someone depends on the state you live in. In a no-fault state you present your claim to your insurance company for payment. In a tort state, you would sue the driver for compensation. If you have uninsured driver coverage, then your insurance company should cover you and/or your vehicle, up to a certain amount. You should check with your insurance company to be sure.
What were your starting and final levels of compensation?
When you write down your starting level of compensation, you should state the amount of money you first started making at the job. Your final level of compensation will state the highest amount of money you made at the company.
What exactly is insurance indemnity?
Indemnity insurance is compensation for the beneficiaries of the policies for their actual economic losses. This is typically up to the limiting amount of the insurance policy. It generally requires the insured to prove the amount of its loss before it can recover.
