Your Not covered for anything at all.
If the auto insurance is inactive, then so is the GAP coverage.
“GAP Insurance” is Not “Auto Insurance”, it is Finance Company Insurance. it will only pay the difference after your required Auto Insurance policy has paid it’s maximum thresholds.
If your auto insurance lapsed, then your GAP insurance has also lapsed automatically and concurrently.
The GAP Insurance is Void in the absense of an auto insurance policy.
Your on the hook for all monies owed to all parties involved with your finance note.
If an insured driver wrecks an uninsured vehicle who pays?
I was recently in an accident & had no insurance. The person that rear-ended me was 100% at fault, which he admitted at the scene, and his insurance company paid for my car (which was totalled) and my rental. At the end of the day, he was at fault. Her company did not insure your vehicle and owes you nothing. Never, never, never let anyone drive your vehicle if you don’t have insurance on it (inlcuding yourself!) Above response is most likely wrong. If the other vehicle has liability insurance, which is required in most states, and is determined to be at fault, that person’s insurance will cover the repairs or replacement of your vehicle.
If someone borrowed your car and wrecked it and they aren’t on your insurance will your insurance pay for it?
if they stole your vehicle and you filed a theft report, your damages will be covered but the driver possibly will be responsible for other harm caused by your vehicle; don’t permit unlisted people to drive your vehicle- your rates will increase b/c we will risk alert youYes, even if the person stole it or took it without your permission. This is assuming, of course, that you have utter coverage (collision and/or comprehensive on your car). Here’s the “but”: But, if your insurance carrier finds out that the person who borrowed your car actually lives with you, or is a resident relative, and you never told you’re carrier that the person has access to your car, it could cause problems. They’d still take care of your damages, most likely, but they might drop you or increase your rates substantially. As for a rate increase, even if you weren’t driving when the loss occurred, you still assumed some risk by loaning out your car. Your carrier will take that into consideration and adjust your rates accordingly. Incidentally, if the person who borrowed your car also has total coverage on his or her own vehicle, your own insurance will still pick up the tab. Insurance goes after the vehicle almost always… If the person driving your car has insurance their insurance company may pay for your car if you only have liabiliy.
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 response, 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.
What happens if you have no car insurance and have a wreck but are willing to pay for damages?
Then you are doing the right thing. If you avoided getting a ticket then the accident won’t become part of your record.
If a car fails its annual inspection but you get in an accident shortly after will the insurance company pay a claim?
I think this varies from state to state, but if the car failed inspection because of a safety issue (say bad brakes or tires for example) and that problem then CAUSED an accident later, the insurance company has a good reason not to pay because you drove the car knowing it was unsafe.
What can you do if you wrecked a car that was in your mother’s name and she said it was insured but it wasn’t and all you have is gap insurance?
Unfortunately, ignorance of the fact that you had no insurance is no excuse. You are the driver and it’s your responsibility to be sure you have insurance. You are liable for the harm done to the other car and you will also most likely get a citation for not having insurance. Your car is also your problem. I suppose you could sue your mother but I wouldn’t hold my breath on that one.
Will your insurance pay if someone wrecks your car and they do not have a licence but you let them drive your auto anyway.?
Most large company’s do, as long as the person driving was @ least 25, even if they where determined after investigating, to be @ fault.
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 compelled 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.
Does your insurance company pay for your car?
If you carry utter 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.”
If you sign a promisary note with a car dealership And you determine not to pay because they sneaked in gap insurance can they send it to collections?
You are obligated to the terms of the promissory note. You probablysigned the contract stating that you had read and agreed to theterms of the contract.
If you have a wreck delivering does your insurance have to pay?
Depends … if you are using a individual auto that is insured for ‘pleasure’ and using it for delivering goods to customers (which is conducting a business), then NO your insurance will most likely not pay. However, if you have been fair and upfront with your insurance company and have the car insured for use in business venture, then you might be covered.
Will car insurance pay if totaled car?
If you have utter 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
When you wreck a car does the insurance company pay for tax and title also?
If your vehicle it considered a total loss, your Total Settlement Value will include Taxes, Transfer Fees, Deductible and your Loan/Lien..
This is with State Farm Insurance, I am not sure about other companies.
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.
Does car insurance pay if you wreck your car while operating under the influence?
Each policy has exceptions to when certain things apply. Drivingunder the influence usually negates the insurance companiesresponsibility to pay out a claim.
Your car was stolen with only liability insurance will the insurance pay?
Sorry. I feel for you. But you are screwed. I had a 1995 Acura Legend stolen and only had liability on it (I dropped utter coverage two months prior). It is without a doubt NOT covered.
Will insurance pay for a DUI wreck?
Yes, your auto insurance policy will react to harm claims eventhough your may have been intoxicated at the time. However, you mayalso see a steep increase in your auto insurance rates for the nearfuture.
Uninsured child borrows parents car that is insured and child has a wreck does insurance company have to pay out?
As long as he had permission, then yes. If you are going to attempt to claim that he/she didn’t have permission, that’s a entire other story.
If your insurance wont pay for your wrecked car what should you do with it?
Pay for it yourself and fix it or sell it to a junkyard, up to you.
I wrecked my friends car they didn’t have insurance do i have to pay?
Yes. If you caused harm to somebody’s property you are responsible. The definition of insurance is a transfer of risk. If your friend had insurance on the car then the risk would have been transferred from you to the insurance company, but would still make you at fault.
What is the statute of limitation of an insurance to pay another car insurance?
Statute of limitations if the same for individuals, insurers, etc – each state has a different Statute of limitations
Are there insurance companies that have pay by the month options?
yes most of them suggest a monthly option but the premium goes up abit as u inject in to a credit aggreement
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.
Will insurance pay for a wreck if you have no license or insurance?
If you don’t have insurance then there will be no one to pay for an accident. If you are hit by someone who doesn’t have insurance your own insurance policy may pay for harm to your vehicle as well as bodily injury within your policy or state boundaries
Does the car that’s insured pay for the car that is not insured?
In this state, the person who caused the accident is at fault. If the person at fault has insurance then his insurance should fix the other car. Otherwise, in this state, the person at fault owes the money himself to fix the other car. The insurance company will not pay one cent to fix the other car.
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.
Will gap pay if you only had the insurance for a day?
You must buy all coverages before an accident. If their is an accident, you cannot buy coverages after an accident, and attempt to get the insurance to pay for it.
Will insurance pay if you have a wreck and get a DUI?
If the DUI was the cause of the wreck, very likely not. You will need to check your policy to see what it says, since there are many options for insurance.
IF Son and daughter are on same insurance policy and they wreck into each other will insurance pay?
Providing it is a genuine accident, it will not matter about the relationship inbetween the parties. In one case, I know of, the witness was also a relative !! As always, the difficult part is attempting to prove it is not a scam.
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.
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 assets 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.
Will insurance pay if it is not your fault and you have no insurance?
If “it” is not your fault then you do not have to pay regardless of insurance. However, you may have to prove in court that “it” is not your fault and albeit you can counter sue to recover your court costs if you win the case, your lawyer will most likely want some money up front, and you might lose even if you are not at fault. As for whether insurance will pay- they only pay for the people they insure subject to the conditions of the policy. If you caused the harm you are likely legally liable even if you did not intend to cause it.
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.
Car totaled insurance value car at 16000 and loan amt is 12400 can you use your gap insurance to pay off car loan?
If they gave you 16000 on the car, you would not need gap insurance since your loan amount is 12400.
What if you are hauling stuff in your car and get in a wreck and the items are violated Will your insurance pay for the items?
If you have receipts for things like TV, cameras etc. you may recover depreciated value .If you have groceries spoling or all over the road, get pictures. Keep a little disposable camera in the glovebox, from now on. If your car being overcharged and/or blocking your vision was a contributory factor to the accident, leave behind it .
Do you pay insurance on a insurance co provided rental car?
In the case of Enterprise, yes. If your auto insurance covers the cost of a car rental while your own is being repaired, that coverage typically only covers the base cost of the rental itself, and not any extra fees such as accident insurance on the rental car, extra authorized drivers, etc. Be aware that the amount that insurance policies provide for rental cars is typically much lower than the rental car would normally go for. Many agencies, Enterprise included, have special rates for insurance claim customers (which is why you are required to present a claim number from your insurance company for rental purposes), and the rental agencies are acquainted to dealing with insurance companies. Insurance rentals make up a substantial portion of rental business.
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 harmless party if the insured vehicle’s driver is negligent (careless) and causes harm to the person or property of the virginal 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 come back 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 need insurance to pay a no car insurance ticket?
No, you don’t need insurance to pay the ticket. However, Since almost all U.S. states these days will suspend your drivers license for having been found guilty of driving without insurance. You will need to buy insurance before you can get the drivers license suspension lifted.
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 possessor 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 possessor vicariously liable for the negligence of the driver and apply a presumption that the possessor 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..
Will gap insurance pay anything if you owe less than the cars worth?
No it will not pay anything in that case. GAP only covers the difference if the value is less than amount owed.
Will your insurance pay your claim if a person with a suspended license wrecked it?
The claim will be null and void at the very first example,if the eventuality happens with a suspended license.
Why does a masculine have to pay a higher insurance rate for car insurance?
Fellows have to pay higher rates for car insurance because, statistically speaking, dudes have a higher rate of accidents. They have a higher rate of DUI-accidents, and also a higher rate of serious accidents than women. Because guys emerge to be riskier, less-defensive drivers, insurance companies have to adjust their rates accordingly.
Do insurance companies pay for wrecked cars?
It can be said that insurance companies pay for cars after a wreckas long as you are fully insured. But when a person does get money from the insurance company it doesn’t mean that they are buying it from you. The car will have to be taken to a car junk yard and you can sell it to them.
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 response.
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.
Do insurance have to pay you the value of your wreck?
It depends on the insurance coverage, and what caused the wreck. But permitting the coverage covers the incedent the insurance companywill pay the VALUE DETERMINED BY THE INSURANCE COMPANY. Not whatyou think it was worth. I have about $40,000 in a car the insurance comapny will pay $Trio,000for if it gets wrecked.
Who pays for insurance?
For most types of insurancethe insured (i.e. you) pays forthe insurance via premiums. The insurance company makes its moneyby calculating loss expectations and setting the premiums highenough across the entire group of insured such that after payingthe worst case estimated loses they still have money left over topay their operating costs plus profits. Some types of insurance are subsidized bythe government usingtaxpayer’s moneyto reduce premium costs and encourage peopleto get insurance that might otherwise be too expensive.