The deductible applies only to your insurance policy so you can not.
Do you need to pay for car insurance if you are just using your parents car or does theirs cover you?
You would have to be added to your parents policy as a driver, and you will be subject to premium increases if you are a junior driver because insurance trends display junior drivers to be a higher risk than others. Sean IL Licensed Ins Producer
If the other party’s insurance says that your car is totaled can it be repaired?
Yes. Here’s what will happen: The insurance company will still total your car, but since you own the vehicle, you have the option of retaining the salvage. You can then take the settlement money and repair your car with it. If you have a lien on the car, however, the carrier might send some or all of the total loss payment to your lienholder. Of course, if you car is a total loss, it’s unlikely that the settlement amount will cover all of the repairs. That’s why it’s considered a total loss. In every state, once a vehicle’s repairs reach a certain percentage of the vehicle’s actual-cash-value, it’s considered a total loss. The actual-cash-value is all an insurance carrier would owe you. Your best bet? Review the insurance company’s total loss suggest very cautiously. Make sure their valuation of your vehicle considers all the options, the correct mileage, and any refurbishments (fresh engine, transmission, etc.) that you’ve had done in the past year or so. Don’t count on getting the retail book value for your car. That value is based on the exaggerated price a dealer stuffs on a vehicle, and as we all know, only a very misinformed person would walk onto a dealer lot and pay utter price for a vehicle (specialty vehicles notwithstanding). Also, once a vehicle is a total loss, your own carrier will likely eliminate the utter coverage on it. You’d have to have it repaired and studied — sometimes by the state — to have it considered roadworthy again and to have your own carrier put the utter coverage back on. And, depending on the valuation service that the other carrier uses to determine the value of your car, it’s likely your car will always be considered a total loss because it’s marked as a total loss. This can affect is value if, say, you have another accident in the future and total the vehicle again (because, let’s face it, would you pay the same amount for a vehicle that had been deemed a total loss in the past?). Your state might even require you to obtain a salvage title on your car, which is no joy when you’re attempting to sell it. My recommendation: Review the carrier’s total loss suggest as I mentioned, and go get a fresh car. You’ll be glad you did.
Do you contact the at-fault person’s insurance or does your agent and if your insurance pays for your damages does his have to pay the deductible?
Fairly often, when the other carrier has accepted liability but you have had your damages taken care of by your own carrier, the at-fault carrier will agree to send you your deductible. Any of you can call the at-fault carrier and request this, tho’ they’ll need proof from your own carrier as to what the deductible is. If, however, there’s a liability dispute inbetween your two carriers, you’ll have to wait until your carrier subrogates and/or arbitrates the other carrier. All this means is that your carrier will ask for their money back, including your deductible, and if the other carrier declines, your carrier will initiate arbitration. Your carrier may or may not win; if they do, they get their money back and can send you your deductible.
If someone hits your parked car does their insurance company pay and do you still pay your deductible?
If you determine to go through your carrier — and assuming your policy doesn’t have a provision for waiving your deductible under these circumstances — then, yes, you’ll have to pay your deductible. Your carrier will then pursue the at-fault party for all monies paid, including your deductible. Keep in mind that applying your deductible has nothing to do with liability. It doesn’t matter if your car was parked and unoccupied, or if you were rear-ended. Rather, the deductible is the portion you agreed to pay in the event of ANY loss, regardless of liability. If the at-fault carrier agrees to pay for the damages (which they should, given the facts-of-loss), then you’re correct: You wouldn’t pay your deductible. Your deductible applies only if you’re going through your own carrier, and even then, the at-fault party still owes for ALL the damages. By avoiding your own carrier, you shouldn’t have to pay out-of-pocket for any of the damages. Also, if you do determine to go through your own carrier, they might waive your deductible if they confirm that the at-fault driver has active insurance, and if they confirm that the other carrier is willing to pay. A private practice: When I called my insurance company about this, they told me that if the at-fault person’s insurance company (I’m assuming they’re at fault since they hit a parked car) assumes liability (again, since they’re most likely liable) they’ll cover the damages and I won’t have the pay the deductible. Did I hear this wrong? Also, I live in Pennsylvania, and from what I hear our insurance laws are a little goofy.
What do you do if your car is hit by a car reversing and you have no insurance and the other party’s insurance is refusing to cooperate?
how are they refusing to cooperate? have you filed a claim with the company? NOTthe agent? contact the company’s main head quarters and file a claim…….just because you are uninsured doesn’t mean that they cannot make you entire once an insured has caused a loss……
How do you appeal the decision of the other party’s insurance company to pay for only the repairs on the back of your car?
I’m going to guess this is a chain reaction wreck? Are they dening the claim based on you hit boy in front of you then you were hit in rear, causing you to hit fellow in front yet again? If you could provide more details then I could be of more assistance, what exactly was their basis of denial? The must tell you this, but if the above is what happened, then they will likely prevail. You can contact the dept. of insurance in your state, you can file the claim with your own carrier and they (if they are members) file the claim in arbitration, once everything is lodged.
Can your car get repossessed for not paying your insurance?
IF your loan contract specifies that you must maintain insurance covering the vehicle, the reaction is YES..
Just an echo of the previous reaction, most major lenders require that the vehicle maintain total coverage insurance. It states in your finance agreement that the vehicle must remain insured or it can be repossessed.
If someone drives your car with your permission and has an accident who should pay for the items not covered by your insurance such as deductible and alternate transportation etc?
That is inbetween you and your friend and how much you want to remain friends with this person. This question might be better suited for Dr. Phil or Oprah.
If you permitted a friend to drive your car and he totaled it but his insurance company subtracted 500 from the check for the deductible why do you pay for his deductible?
Because this was an at-fault incident, the 500.00 deductible is your responsibility. You as the possessor of the vehicle permitted your friend to drive the car to begin with. Your friend in all fairness should pay you the 500 dollars..
I’m a bit confusedWhy is your friend’s insurance paying you? Your own comprehensive/collision policy should pay you (less the deductible) and then “subrogate” the claim to your friend’s auto or general liability insurance or sue him directly if he has no insurance and send you the deductible after they have collected.
Does the person who’s car was hit by another have to pay a deductible to have his own car repaired when it was the other persons fault?
in my state you don’t have to but there are some “no fault” states like Michigan.I would call my insurance and ask them to make sure.
Will your insurance pay for a child who hit your car with a mud bike Will you have to pay a deductible or will his parents need to do that?
If you have collision coverage you can receive payment for the damages minus your deductible, your company then should go to the child’s parents for repayment (subrogating them), including your deductible. The parents are ultimately responsible, and can file the claim with their homeowner/renters policy. However, I would suspect an exclusion for any land motor vehicle. Beware, if you have the parents pay just the deductible, and your carrier pays under your collision coverage, them simply paying your deductible does not free them from paying your insurance company the rest of the harm.
What if the other party admits fault but the accident report says you are at fault will the other party’s insurance pay since the party admitted to fault?
Reaction Guilty in accident-incorrect .
GET IT IN WRITING!!! Having an oral admission of guilt from the guilty party when YOU are on the report as the guilty party doesn’t mean a thing.
Why aren’t co-pays applied to deductibles on insurance plans?
To help reduce insurance premiums and also to put some responsibilty on the insured so they are not using their insurance for every little thing
Who is liable for paying the home owners insurance deductible?
the insured or homeowner, unless there are some special circumstances you haven’t explained
Is it insurance fraud if you pay someone’s deductible?
Yes in some states it is considered fraud and illegal. Texas is one state. As a contractor if I turn in a final bill to an insurance company and it states that I paid the homeowners deductible, portion of deductible or gave them a sign allowance for putting a sign in their yard ( this is thought of as a clever way to hide the payment of the deductible), the insurance company will reduce the final payment by that amount. If you leave it off of the invoice it does not honestly showcase the expenses.
If you accidentally hit your wifey’s car with your car and both vehicles are insured on the same policy will you have to pay two deductibles or will it be treated as a single accident?
You need to check with your agent. In some cases, accidents involving relatives are not covered.
What if you don’t pay your car insurance?
Very first, your policy will be cancelled. Then, depending on what state you live in, the insurance company reports the cancellation to your Motor Vehicles department. Depending on how efficient they are, either your drivers license or car registration (or both) can be revoked. In some states, law enforcement will come to your residence and liquidate the plates from the vehicle. If you have a lien on the vehicle, you’re still paying on it, your lender may impose their own insurance on the vehicle. This is expensive, and does nothing to protect you. It only protects the bank in the event the car gets totaled. In many states, lender-imposed insurance does not meet state standards, so you still get revoked, and still have to pay for the car and the lender-imposed insurance. Then you have to pay the state to get your license/tags back, plus a penalty. You have to pay a large down payment to re-establish normal insurance. In some states, you may be coerced to get SR22 insurance, which is up to three time as expensive, before you can get your license back. It’s lighter and cheaper by far to pay the car insurance bill on time.
In a no fault state would you have to pay the other party’s deductible?
No – each party pays their own deductable and everyone goes their separate ways. No Fault means just that “NO Fault” … if nobody is at fault then it’s like it never happened as far as attempting to get the other party to pay your deductable.
I had no insurance and was in a car accident but it was no one’s fault Do I have to pay for the other car?
If there was no police report and neither party was given a ticket by the police, then there is no official assignment of fault and it would be hard for the other person to obligate you to pay. If it was “no one’s fault’, why are you worried about paying? Just a bit of advice, however. It’s significant to keep your auto insurance up to date because it protects you from possibly being sued personally. Good luck..
this is a vague question to attempt to response, as auto insurance varies considerably by state. the brief response is, “very likely not, but you might face criminal charges if it is illegal to drive without insurance in your state” … attempt researching this on your own or ask the question again specific to your state.
Does your insurance company pay for your car?
If you carry total collision and replacement of your vehicle, depending on your insurance company, they will pay the blue book value of the car if it is totaled. That is why it is significant not to ever owe more than the car is worth, which is referred to as “being upsidedown.”
Will car insurance pay if totaled car?
If you have total coverage they might pay you the lowest market value fo your car. They will deduct your deductable.. Insurance companies are out to make money so they will find the cheapest way out
What happens when you do not pay car insurance?
Legal issues such as a minumum of $500 fine. That only goes up if your caught more than once. Possible suspension of driving. Also if your in an accident and it was your fault well that cost is out of your pocket rather than the insurance company.
Do I have to pay the insurance deductible to fix my car in NYC if the other driver runs the stop sign?
If the other driver was found “at fault”, his insurnce company should pay the total repair including deductable
If you an uninsured motorist were involved in an accident that wasn’t my fault will the guilty party’s insurance pay for a rental car for you?
Your question is confusing. The way I read it, the one that caused the accident was uninsured, so how can that person’s insurance company pay for your rental car? He has no insurance company.
Can you be sued after car insurance pays?
Yes, if the person that you hit feels that there was not enough payout. Or there injuries where life treating or there injuries are keeping them from ever returning to work or live a normal life.
Is it better to have the car insurance pay for harm after an accident or just pay cash?
Whether or not you should make a claim against your insurance depends on the amount of the harm. In this state, if you make a claim against your own collision insurance, your insurance will go up by several hundred dollars a year for three years, so you are talking a thousand dollars. Say you have $200 deductible. Then your break even point is about $1,200. If the other fellow caused the accident, make his insurance pay!
If my insurance company deducts my deductible from a homeowners claim do i still pay the deductible?
Yes. The insurance company will pay their portion of the claim which does not include the deductible because that is your portion .
Who pays the deductible if someone hits your car?
The identified third party at fault is responsible for paying the deductible in the event of a motor vehicle accident.
If you get into a car accident and the other person does not have insurance do you still pay the deductible?
This depends on many factors, including the capability of the other person to pay for your damages. Some insurance policies will not require you to pay a deductible. Others will. If the other person can pay for the damages, you and your insurance will not have to pay.
When you are in an auto accident with no insurance will the other persons insurance pay for their cars damages?
Their insurance policy will pay for their own car. However you must know it’s against the law not to have insurance coverage for your auto.
Can you pay your car insurance online?
Yes. I paid my car insurance on line. It depends on what type of insurance you’re referring to. Health, auto, home, life? If you have health insurance, it is most likely through your work, and in most cases, they take care of the payment. Most auto, home, and life insurance companies have a website you can access and pay your bills through. Most sites can be found through google.com. The best option would be to call your insurance provider to find out their specific options.
When can you stop paying car insurance and why?
You can stop paying car insurance when a) you no longer drive or b) you no longer own a car. You should always have car insurance if you’re an active driver because you never know what could happen on the road. Insurance will treat most of your paperwork and deal with repairs, rentals, towing, etc.
Why do you have to pay a deductible?
An insurance deductible is a way for the insurance company to share a risk with the policyholder, and to reduce the premium payment required. By buying a policy with a $500 deductible, the policyholder agrees to be responsible for the very first $500 of any covered loss. The insurance company is insuring only those losses exceeding $500, so they charge less for the premium. Most claims will be less than $500, or not much over, so their risk is diminished. You can usually buy a policy with a smaller deductible, or with no deductible at all. You will find those policies are considerably more expensive, as you’re asking the insurance company to assume a greater risk. The general rule is that your deductible should be the largest amount you could cover with your own funds, should a loss occur. If you buy a collision policy for your car with a $500 deductible, and the car is demolished, it will cost you $500 to substitute it–the insurance company will pay the rest. So long as you can lay mitts on $500, you know you’ll have a car to drive. If you get through the policy term without the car being wrecked, you get to keep your $500, and the money you didn’t pay for a higher premium with less risk.
Who do pay your car insurance deductible to?
Your deductible only gets paid in the event of a claim. For example, you tap a light pole in the mall parking lot. The pole is ok but your car is bruised. If you have comprehensive coverage on your car, your insurance company will pay a claim to have it repaired. So, you get a figure shop who says it will cost $1,400 to fit it. If your deductible is, say, $500.00, your insurance company cuts a check to the assets shop for $900.00 which is the difference inbetween the harm repair bill and the deductible. Thus, you must come up with the $500.00 amount.
What if i hit someone with my car and i have no insurance and can not afford to pay for damages to other car?
then you should be prosecuted and your car taken off you. Its scum like you that have us all paying higher premiums!
How often do you pay your car insurance?
When applying for auto insurance, the applicant is usually given options as to the frequency of payment of premiums. It can be monthly, quarterly, semiannually, or annually. Frequently, somewhat of a discount is suggested for the longer payment durations, as the insurer incurs lower internal costs, such as for billing.
Do you have to pay the medicare deductible if they are paying secondary to a primary insurance carrier?
Every covered life, whether utilizing Medicare as primary or secondary insurance is subject to the same, annual Medicare deductible.
Can insurance co-pay be tax deductible?
If you are referring to a MEDICAL/HOSPITALIZATION insurance co-pay, yes, that is deductible as a medical expense. And on property/casualty insurance, it may be deductible as a casualty loss.
Do you have to pay your deductible if you crash a rental car?
Read your contract, or talk to the branch where you rented the car. Usually a deductible only comes into play if you did not purchase insurance on the rental car and your own insurance policy is involved.
When do you stop paying for entire life insurance?
Entire life insurance has a definite period during which premiums are paid. This will be specified in the policy. When very first purchased, in addition to the amount of insurance selected, the purchaser selects the period of time that premiums will be paid. The amount of premium will depend both upon the amount of insurance and the length of time that premiums will be paid. Once the selections are made, assuming that the insurance company issues the policy on the terms that you have requested, the policy will state those. Once premiums have been paid for the stated period of time, the policy is considered to be “paid up”, and no further premiums need to be made. A entire life policy also accumulates “cash value”. This can be considered to be a sort of savings account within the policy. Every premium is allocated inbetween the cost of the protection (the insurance itself) and the cash value. A point may be reached where the accumulated cash value, and the interest or dividends that it accrues, is enough to pay future premiums. If that happens, the obligation to pay premiums may end before the time stated in the policy.
Why do you have to pay insurance when purchasing a car?
There are a number of reasons, two of which include: 1. The financial responsibility law of every state requires liability auto insurance as a condition of registration. This ensures that the proprietor has some minimum level of insurance that will response to an virginal party if the insured vehicle’s driver is negligent (careless) and causes harm to the person or property of the harmless party. Two. If the vehicle is financed, the lender will require collision coverage. This provides a source of money from which the car can be repaired in the event of a collision. The lender is worried with this because it loaned money based upon the value of the undamaged vehicle. Repair may therefore restore (most) of the value of the repaired car.
When you get a car on disability do they pay your insurance?
It is unclear what you are asking, but I will do my best. If you are asking whether you can buy a car with your disability payments (from a private insurer, Social Security Disability, or otherwise), yes. Keep in mind, tho’ that that may leave you brief for other needs, but it is business decision for you to make. The payer of the disability benefits has no obligation to buy a car for you under ordinary circumstances. It would be the very odd situation that would require a disability payer to do so. Nonetheless, a private insurer may consider doing so as a means of facilitating your comeback to work and thereby no longer qualifying for disability. In the long run, it may be cheaper for it to go “out of policy” and do this, than paying benefits for a very long time. The contract controls what you can collect under a private policy; statutes control what you can collect under public sources of disability, such as Social Security Disability.
Do you have to pay the deductible if you hit another car?
If your policy contains a Deductible clause then yes you will have to pay your deductible.
How much they have to pay in car insurance?
Depends on value of the car, where it is located, driver’s age, practice, driving record, and in some cases, grades in school for a student. Too many variables to give a single response. It could be $50 or $500 a month.
Do you pay car insurance when you are in the army?
If the car will be driven while one is in the army, liability insurance should be maintained on the proprietor and on the person/people who will be driving it. This insurance is protection against claims by third parties based upon negligence by the driver. Many states hold the holder vicariously liable for the negligence of the driver and apply a presumption that the holder gave permission to the driver to use the vehicle. Additionally, physical harm coverage should be maintained on it (collision and comprehensive). These pay for the repair of the vehicle in the event of physical harm to it. If the car is garaged while the proprietor is in the service, one can take a chance and not maintain physical harm coverage on it. However, keep in mind that if the car is financed, the lender may require that physical harm coverage be maintained until the loan is paid with the lender being named on the policyas a loss payee. The failure to do so may constitute a breach of the loan contract. If the lender learns that physical harm coverage has lapsed, it may purchase “single interest” physical harm coverage and charge the premium to the borrower by adding the premium to the loan balance. The premium for this type of insurance is usually significantly greater than were the insured to have kept physical harm coverage in place as required by the lender.
Do you have to pay for a car when in an accident who does not have insurance?
Pretty much yes, If your liable for the harm then you have to payfor those damages. If you’d have had your car insurance in place atthe time, it would have paid the bill for you tho’. Good luck..
Who pays the deductible when the other person is at fault?
There is not deductible with liability insurance coverage. Liability pays the party who is not fault for their damages without a deductible. If you were at fault collision would pay for damages to your vehicle but you will have a deductible of whatever you selected when you purchased the insurance policy.
Does insurance pay for your car if it burns you?
Kind of an odd question. If you get burned from something on your car, that isn’t caused by a mechanical fire , I doubt if your insurance company would pay you anything. Their liability is for accidents and damages done to other cars in traffic accidents. You need to provide more info for a better reaction.
What are the best deductibles to pay on car insurance?
It is hard to say the best deductible to pay for car insurance since it will vary by person. It depends on how much a person could afford to pay out of pocket if they get into a pocket, and if a person thinks that they would get into accidents often.
Will insurance pay for a repossessed car?
Of course not! Itwasn’tstolen or wrecked, it was takenfrom you for failure to pay on the loan! Be sure to cancel the insurance.