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Auto Insurance
Auto insurance (or vehicle insurance) refers to the insurance purchased to protect vehicles against loss or damage caused by accident. It is usually a compulsory requirement in most countries for all vehicle owners.
10,288 Questions
As long as he had permission, then yes. If you are going to try to claim that he/she didn't have permission, that's a whole other story.
What happens if the driver has no car insurance and they cause the accident?
It depends. Many insurance companies will have you pay your deductible, then they will attempt to collect the money from the other driver personally. (This is what happened to me when my car was struck, in Massachusetts where insurance is required, by an uninsured motorist from New Hampshire, where auto coverage is optional.) It took about six months, but my company did eventually recover the money and I was reimbursed.
The answer lies in the titleholder of the vehicle. If you are still the titleholder, then you will need to have the car under your policy and have him listed as a driver. If he is the titleholder, he will need to insurance the car under his policy. If that vehicle injure someone or cause damage to someone's property, the other party will sue the titleholder. If you are both titleholder, then I would suggest you sign the titleholder to him.
The term "death benefit" refers to a payment made as a result of a life insurance policy. In the case of car insurance, if there is a lawsuit for wrongful death, and a payment is ordered by the court, then the car insurance will pay. That is not exactly the same thing as a death benefit even though it is a payment made as a result of a death.
What are comprehension questions?
a comprehension question is when you have to read a piece of text to get the answer
How long for auto insurance company to accept or deny a claim?
In most states in the U.S. An insurer has up to 60 days in which to investigate a loss and accept or deny a claim
What should your Deductible for car insurance be?
Well the higher your deductible, the lower your insurance premium will be. However, your deductible should be something you can afford in case of a loss.
Can Non driver homeowners insurance be on a drivers auto insurance?
Homeowners insurance is separate from auto insurance. You may get a discount if you buy both from the same company.
Is it illegal to drive a vehicle without car insurance?
All states in the US require the existence of some type of insurance in order to drive on the public roadways. Likewise, an operator's license, or a learner's permit is required.
One primary exception to the need for insurance is the operation of a vehicle on private property.
The absence of insurance, when required, can be a criminal or non-criminal violation of the law depending upon the jurisdiction.
If you're filing the claim through your own collision coverage, your car insurance will pay the actual cash value (ACV) minus your deductible at time of loss. This may not be enough to cover loan due to interest, negative equity, etc. You can look at buying gap coverage either through your finance company or your insurance company if this concerns you. The best available resource for determining your ACV is www.nada.com.
Are you covered with insurance when you buy a car?
If you all ready have insurance on a car you sold or traded in all you have to do is contact your insurance company . Depending on the new car, your age, and driving record the cost will change for the insurance. If you don't have insurance at all you are required to get insurance within a timeframe set by law and by the lender.
Although you can certainly represent yourself in a court of law, It is customary to hire an attorney to file a suit for you.
Who is the actor in the recent Geico commercials?
I believe it is Richard Roat. Worked with Richard a long time ago on some other commercials, and he is a fine, talented actor. A nice man, too!
Why is your car insurance so expensive?
because if you get in a wreck...your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident.
because if you get in a wreck...your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident.
Can two different people have an insurance policy on the same car?
Yes they can. Two people may have an insurable interest in a car and thus have a policy each.
Can you have auto insurance with someone else's vehicle?
Yes, state farm is covered to all licensed drivers under 18. It does not matter whether the person is the owner of the car, but if the car itself has insurance in the name of someone in the family of the owner. If it is a student driver the driver must have completed their written test.(permit)
Can you insure your grandchild on your auto insurance?
maybe it will help you (autoinsurance.aains.us/cheap-auto-insurance-quotes-tips-to-get-lower-rates-for-young-drivers/)
Is there a grace period for paying auto insurance in Minnesota?
According to my agent, there used to be a ten day grace period from the policy payment due date to the receipt of payment. She said that was no longer the case. If payment is not received on the payment due date, you are considered un-insured. My auto debt form is in the mail!
Car transfer from parent to child?
In order to do a car transfer from a parent to a child, the parent must sign over the car to the child. There must be a smog certification and a transfer fee must be paid.
