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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

Can you buy auto insurance before transferrinng ownership?

Not sure where you're at, but in most states, you'll need insurance before you transfer it, because you'll need insurance to have the car registered under your name. If the car's tags are expired, you'll definitely need insurance.

Is certificate of insurance binding?

No, there is usually some stipulations to a certificate of insurance - such as the premiums must be paid.

Where does insurance claims money come from?

When you get insurance on a car, a house, a boat, you pay the insurance company money, known as premiums. The insurance company invests that money. When there is a claim, some of the premium, along with some of the interest from the invested money, is used to pay the claim.

What did Pip do?

The PIP coverage that I am familiar with stands for Personal Injury Protection. In Georgia when this was a required and available coverage it included $2,500 per person medical coverage; $200 per week work loss coverage; and accidental death and disability coverage up to $5,000.

What insurance companies will insure a lifted truck in Wisconsin?

You would need an auto insurance policy with a modified vehicle endorsement added on.

Whose auto insurance will cover your passenger if they have no auto insurance?

Answer 1: If you are driving with a passenger that does not have auto insurance or medical insurance, they can be covered under either your policy or the third party's policy depending upon the situation. If you are found at fault for the accident, Medical Payments or Personal Injury Protection will pay the a portion of the medical expenses that you and your passengers incur up to the stated limits. If you carry Uninsured Motorist and are hit by someone with no insurance, this coverage will pay for injuries to you and your passengers as well. If you are not at-fault for the accident causing injuries and the other party has insurance, the third party liability insurance coverage will pay for injuries to you and your passengers based on the per person and per accident limits stated on the policy.

Answer 2: If the passengers are travelling in your auto and, if you are at fault in an accident, your insurance will cover them. If the other driver is found at fault, his/her liability insurance will cover your passengers.

Can a car be repossessed due to cancelled insurance in South Carolina?

You would have to read the specifics of your financing contract. Generally you are required to maintain liability and comprehensive insurance coverage, and if you fail to do so then you are in default on the contract. Sometimes the contract allows the lender to immediately force you to buy their insurance at an outrageous price. Once you are in default, the lender may repo the car.

Does my car insurance company pay if i get in an accident while i am delivering food?

Yes, but only if you are covered for business use.

If not, then no, they do not have to pay up as you were using your vehicle outside of the policy.

Can i put my husband name on my car insurance?

YES ... You can add whom ever you like but, your insurance will go up how far it will rise depends on the add driver diving record and what insurance carrier you have ...

Does Allstate cover rental in Europe?

No. Only in the 50 states and the territories of the United States.

How do you get lower auto insurance rate?

Before you buy a new or used car, check into insurance costs. Car insurance premiums are based in part on the car's sticker price, the cost to repair it, its overall safety record, and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft. These include daytime running lights and anti-theft devices.

What are opinions on damage waiver insurance?

It was mostly a benefit for people who used Cash or Check as deposits, or had no insurance.

People who had insurance or credit card coverage saw the benefit in not having to file a claim or pay their deductible (usually 500 dollars)

The real benefit was in short term or weekend rentals. If you had the car for 1 or 2 days, you would totally push "Dub". Its worth paying for it for short team deals.

Can you insure a car that you don't own?

No. You cannot insure a vehicle that you do not own. The exception would be in a family situation where two spouses own two vehicles and insure them on one policy.

Should you cancel your auto insurance after an accident if your vehicle has been declared a total loss?

Often, cars are totaled because the cost of repairs exceed a statutory maximum of their actual cash value, thereby requiring the insurer to total the car. Sometimes, the car is repairable and the insured wishes to keep the salvage and have the car repaired. In that case, a "rebuilt" or "salvage" title will be issued upon the completion of repairs, so the insured may want to keep the insurance in force.

Likewise, if the insured gets a replacement car, the same policy as he/she had before can apply to the new car--although the specifics of the new car (make, model, style, VIN) will have to be endorsed onto the existing policy. The insured may also want to change one or more of the coverages either in type or amount.

Can you insure a car that you are paying payments on until its paid for from a private owner who holds the title?

I would insure any car that I was driving or making payments on. If you are on the title then you are an owner.

How are insurance bodily injury claims handled?

This is not a question that lends itself to a short answer, here is an outline:

1. After the incident, either the policyholder or the claimant (or his/her/its representative) must report the incident to the insurer. A timely report is usually a condition to coverage under the policy (if coverage is found to exist).

2. The insurer will commence an investigation of the occurrence. This may be done by in-house adjusters, or the insurer may hire outside adjusters to investigate.

3. Depending upon typr pg occurrence, elements of the investigation will include police reports, photographs, diagrams, witness statements, statements of the insured and as many other people as may have knowledge of the "who where, when, why, and how" factors.

4. Assuming that the claimant was injured, the adjuster will want to collect medical records of treating practitioners, therapists, and others. These will be assessed for objective and subjective complaints of injury, indicia of preexisting conditions, prescriptions, and other types of medical care and therapy.

5. The adjuster will also need to know how the injury has affected the claimant. Work records, including lost time/income, inability to perform work-related functions, etc. will be important. The adjuster will also want to know how the injury has affected other aspects of the claimant's life--participation in activities, etc. Age of the claimant will also be a factor, because (1) a serious, permanent injury will adversely affect a younger person longer; (2) a less-serious injury to a younger person is likely to heal better; (3) an injury to an older person will affect the person for a shorter time, but is less likely to readily resolve.

6. The adjuster will need to determine if there is any fault om the claimant. Depending upon the jurisdiction involved, the rule of law may be such that recovery of damages is precluded or reduced depending upon the fault factor (based on "comparative" or "contributory" negligence).

7. Most insurers have ranges within which they settle claims, based upon the above factors, and others. They also look to jury verdict research to determine what similar injuries are "bringing" when suit is filed and the cases go to trial. For the most part, the goal is to resolve a claim amicably if it is possible to do so. In fact, insurers have the obligation to settle a claim within policy limits (the maximum amount payable as liability benefits) if it is possible to do so, rather than subject the policyholder to suit and to the risk of a verdict against him/her/it that is in excess of policy limits. Insurers also consider the expenses that they incur in defending a lawsuit (defense attorney fees and court costs) in making the decision.