Q. is it legal to add someone illegal in your insurance policy?
how about if they are in the pink slip from the DMV.
Is it legal to add someone illegal, with no papers, in your insurance policy?
how about if they are in the pink slip from the DMV.
will it affect my credit?
.
how about if they are in the pink slip from the DMV.
Is it legal to add someone illegal, with no papers, in your insurance policy?
how about if they are in the pink slip from the DMV.
will it affect my credit?
.
A. If they are co-owner of the vehicle, they can be added as an additional insured on your policy. If they have a drivers license (in the state you are in or international), they can be added as a driver. If they drive the car, add them as a driver, however, remember, you are liable for any damage they do to others & to your vehicle. The insurance follows the vehicle.
Just being on the policy, they will not affect your credit, but, if you are sued for more than your policy limits, you can be left owing a lot of money to someone else, which is a whole other story.
Just being on the policy, they will not affect your credit, but, if you are sued for more than your policy limits, you can be left owing a lot of money to someone else, which is a whole other story.
Can you resume your auto insurance policy one it was canceled?
Q. Can you resume your auto insurance policy one it was canceled? ok it was canceled 5 months ago I wasn't using the car so I didn't need insurance at a moment. Now I am planning on using the car again. Can I just call them and ask them to send me a monthly fee and get insurance resumed or do I need to go to insurance place and talk to Insurance sales agent and pay $200 finders fee again? I don't want to pay those fees again. Is there a way to resume my insurance without those extra fees. I am a California resident.
A. You will have to start a new policy with a new application. You should call around and get another agent. The $200 finders fee is excessive. Try this site to find the best auto insurance
http://saveautoinsurances.blogspot.com/
Here you can get quotes from different auto insurance companies in your area, its the best way to find an affordable auto insurance with a reliable company.
http://saveautoinsurances.blogspot.com/
Here you can get quotes from different auto insurance companies in your area, its the best way to find an affordable auto insurance with a reliable company.
Can you resume your auto insurance policy one it was canceled?
Q. Can you resume your auto insurance policy one it was canceled? ok it was canceled 5 months ago I wasn't using the car so I didn't need insurance at a moment. Now I am planning on using the car again. Can I just call them and ask them to send me a monthly fee and get insurance resumed or do I need to go to insurance place and talk to Insurance sales agent and pay $200 finders fee again? I don't want to pay those fees again. Is there a way to resume my insurance without those extra fees. I am a California resident.
A. You will have to start a new policy with a new application. You should call around and get another agent. The $200 finders fee is excessive. Our agency used to charge a fee of $20 for new assigned risk policies ONLY because of the large amount of paperwork, low commission and high cancellation rate. We would never charge that on any other policy. Pick up the phone book & call other agents. Call someone that has a list of companies they represent under their name. When you call ask if they charge a finders fee. If they do, call someone else. I was under the impression that "finders" fees are limited. Call the CA Dept of Insurance to find out if they are limited in CA.
You won't be able to avoid a new application but you certainly should be able to avoid a finders fee. Sounds like maybe you had a broker that doesn't represent any companies. Agents get paid on commission from the companies they have an agency agreement with, they don't need to charge insureds additional fees.
You won't be able to avoid a new application but you certainly should be able to avoid a finders fee. Sounds like maybe you had a broker that doesn't represent any companies. Agents get paid on commission from the companies they have an agency agreement with, they don't need to charge insureds additional fees.
Is it more likely that I will have to pay more than my insurance policy in a lawsuit?
Q. I am being sued for a car accident. My policy is $100,000.00. How often does a lawsuit amount go beyond insurance policy? If the plaintiff doesn't agree to settlement, what are their chances of winning more than what your insurance policy is?
If it does go to trial, can they freeze my account?
If it does go to trial, can they freeze my account?
A. It depends on the injuries and damages! $100,000 will take care of most accidents - but not all.
You can ask your agent to talk to your adjuster.
There are really two different situations, when an auto claim like this goes to suit:
1. When the plaintiff has more in damages, than you have in policy limits, AND they think you have assets they can get, if they win or
2. When the plaintiff is demanding a ridiculous amount to settle - like $50,000 for a broken fingernail - and the insurance company fights it all the way, to get a reasonable settlement.
Without knowing how severe the property damage and bodily injury was, it's impossible to say. I usually get one or two auto claims a year, that "settle" for MORE than $100,000. Typically, it's a fatality, or serious injury incurring surgery, nursing home, and rehab care.
You can ask your agent to talk to your adjuster.
There are really two different situations, when an auto claim like this goes to suit:
1. When the plaintiff has more in damages, than you have in policy limits, AND they think you have assets they can get, if they win or
2. When the plaintiff is demanding a ridiculous amount to settle - like $50,000 for a broken fingernail - and the insurance company fights it all the way, to get a reasonable settlement.
Without knowing how severe the property damage and bodily injury was, it's impossible to say. I usually get one or two auto claims a year, that "settle" for MORE than $100,000. Typically, it's a fatality, or serious injury incurring surgery, nursing home, and rehab care.
Powered by Yahoo! Answers
No comments:
Post a Comment