Auto Insurance

It is uncertain what you mean by "driver's insurance". There is a kind of liability insurance called "non-owners coverage" that is often required under a state's Financial Responsibility Law when an individual has been in an at-fault collision, did not have the required liability coverage and when the other party's damages exceeded a stated amount, or when an injury occurs. It is also sometimes required when a judgment is entered against an individual for an auto collision and the judgment remains unsatisfied. Non-owners coverage generally will "follow the driver" irrespective of the vehicle that he or she is driving. Non-owners coverage provides no coverage for the vehicle itself such as for its repair or replacement in the event of a collision.

No. But he/she can't drive it unless they are

Many many ways to cancel a policy

1. Just call them up and cancel over the phone
2. Send a signed letter requesting cancellation
3. Stop paying the premium and it will cancel by default

just a few examples

In the Unites States, insurance is regulated by your states Insurance Commissioner or it's equivalent.

Auto policies, whether personal or commercial will not cover contents within the vehicle. That is not what auto policies are designed to do. You need to have a commercial property and liability policy to cover business property while on premises or off premises.

You will have to purchase a commercial auto policy in order to operate this type of vehicle. Everything will depend on what you are doing with the 15 Passenger Vehicle as to what the classification will be and what the price will be. It is very important that you be truthful with your insurance agent when you go to get a price. the coverage is as good as the information you give to the insurance company.

You will need to have a commercial auto policy. If you read your personal auto policy it specifically excludes any driving whereby you receive pay for the service. If you receive payment for driving someone you automatically void your coverage under a personal auto policy. This make you a commercial risk, plain and simple.

No. Liability Insurance or commonly known as Third-party Insurance does not cover damages against fire for your own car. If you want coverage against fire for your own car, you should opt for a Comprehensive Car Insurance Policy as this policy offers all-round protection to you and your car.

I was insured with State farm back in october. My driving record is not perfect by any means. (No at fault accidents, but some moving violations). I found out that i was dropped after checking my bank statement that i recieved a large deposit from the insurance company. I called them up and the told me that i was dropped. So in part i was unknowingly driving without insurance. Statefarm calls me today 12/31 out of the blue, saying that they've tried sending me the notice and wants to confirm my address and to return the document with my signature.

Then they are not covered under your insurance policy in the event they have an accident. The terms of your auto insurance require that you notify the insurance company of any change in household drivers.

Some policies will cover the accident but they also have the right to retroactively bill you for all the premiums you failed to pay through the fraud scheme from the date your teen became a licensed driver. Once they have back billed you for the unpaid premium they can also cancel your policy on moral grounds. They usually use this vague moral clause for cancellation of the policy as it does not require criminal accusation.

Failure to schedule young drivers is a well known form of insurance fraud. It is considerd fraud through deception and missrepresentation of a known risk not disclosed to your insurer.

If your insurer refuses to cover the accident, and they can based on the fraud scheme, since you own the car you could have to pay all the costs associated with that accident out of pocket since you elected not to insure your child to drive your vehicle.

If your teen is a minor, there is also the potential that you could be charged with parental neglect and or child endangerment since you knowingly and intentionally allowed a minor in your care and custody to drive a motor vehicle without insurance.

It is called "Third Party Insurance Cover" and in most countries it is a legal REQUIREMENT to have this cover on ALL cars being driven on public roiads.

It is normally sold to you as "Third Party, Fire and Theft" and covers for those 3 eventualities.

The insurance that covers injury to YOU and YOUR car if you are at fault is called "Comprehensive Cover" - (this includes "Third Party, Fire and Theft" cover too).

When there is a bodily injury involved, both the Emergency Medical Service (EMS) and the police should be called immediately. The injured party should not be moved unless he/she is in imminent danger, such as if a car is on fire. Likewise, the cars should not be moved unless their position is such that another collision is likely involving other vehicles. If possible to do so, information on the people involved and their insurers should be exchanged, and the respective insurers notified.

The question involving $1000 property damage is more difficult, because it will be hard for laypersons to assess the damage. Nonetheless, law enforcement should be called and the cars moved from oncoming traffic if a hazard exists.

The simplest way is to go to the office of the insurance agent from whom you bought the insurance. The agent will have a form promulgated by the insurer that will permit you to change the designation of one bank (account) to another for the purpose of withdrawing premium payments. When you have completed the form, obtain a copy of it to document that it has been done. It may take one or more billing cycles for the change to become effective, so make sure that there is sufficient money in the old account to cover the withdrawal.

Yes, you can. Until recently, there were only a small number of companies that offer multi-car policies, though that list has grown rapidly and now most of the large insurance companies offer them.The benefit of multi-car policies is that they offer a noticeable discount when you insure two or more cars under the same policy. As well as the discount offered, there is the convenience of not having to chase several policies, as the policy renews once for all cars at the same time.

Policy numbers are not standardized in any way. This means that it is up to each insurance company what they choose to use for policy numbers. Many companies use PA at the beginning of auto policies for Personal Auto and HO on homeowners policies. Some use numbers only. You cannot tell what company issued a policy by the prefix or suffix of a policy number.

It is unclear whether you are referring to an insurance company (the risk-bearing entity) or an insurance agency (the business that sells the insurance policies to consumers). In either event, licenses are required, but obtaining them involve far different processes.

Normally, an insurer will require that all requirements of the law be complied with in order to issue a policy. This would include proper registration of the vehicle.

Probably lots of insurance companies use FL to start policy numbers in Florida. Doesn't it make sense. Insurance companies can use whatever they like to make up their policy numbers. Some companies may use the same prefixes or suffixes as other companies do. FL starting a policy number from Florida may include all Assigned Risk policies which may be assigned to all insurance companies doing business in Florida. It is impossible to tell the company by the Prefix. Many use PA to start all their Personal Auto Policies for instance. CA starts many companies Commercial Auto Policies. You see the way it works.

pathetic....

Absolutely. The cost of vehicles, cost of parts, costs of repairs, frequency of losses, etc. There are many, many, many, things that go just the cost symbol of a vehicle, then many, many, many more factors that go into figuring the risk of loss of individuals. All of this is meshed together to calculate the cost of insurance. It's almost like a science isn't it?

There's probably more that you are not telling us in this question. If it's your car insurance, then no, the insurance company will send you a cancellation notice before cancelling your auto insurance. If you illegally have your car on someone else's policy, didn't pay them, and they removed your car from their policy then yes. The only thing is they never should have put your car on their policy but that is as much your fault as theirs. An individual has no requirement to notify you when they decide to make a change on their insurance policy.

It depends upon many factors, including:

1. Where you live

2. The make and model of the car

3. How long you have been driving

4. Whether you have taken Driver's Ed (if you are a brand new driver)

5. The coverages that you seek

6. The deductibles

7. The identity of the insurer

8. Estimated mileage that you intend to drive

You are the one legally in the care, custody, and control of the vehicle and therefore are the one who will be cited for driving without insurance. This is just the beginning of your trouble though. If you were at fault, you are also responsible for the damages done in the accident which may include injuries and damages to the vehicle you hit.

No, not usually. The insurance company has nothing to do with suspension of drivers licenses, that's up to the Department of Motor Vehicles or whatever it is in your state. I have seen times where a person owes an insurance company money from hitting an insured vehicle when the party at fault did not have insurance required by law. In these cases I have seen our state suspend a drivers license until the balance is paid in full to the insurance company. This is because it was due to failure to obey a state law of not driving without minimum required insurance limits. I saw once where a 15 year old could not get a license until this was paid off in full.