Is it possible to double coverage for cargo insurance If a loss then get the 2 insurance carriers to each pay 50 percent if crate goes missing Friend took big loss last year from shipping loss?
Can an auto insurance carrier designate their med payments coverage secondary to any other health insurance in CA as a result of an auto loss?
This is sticky, not sure what you mean by 'designate' secondary. Assume you are saying your health insurance has to pay first and med pay picks up what's left? Yes, in some st…ates that is the practice/allowed. Some states allow double dipping meaning you can collect from both. Contact the Dept. of Insurance for your state, (should be an 800 number) they will be able to tell you. Also look in your policy it will also tell you for sure.
If you settle a total loss with an insurance company & choose not to keep the car, you have to send them your signed title and release possession of your vehicle to them in or…der to be paid for the claim. You do have the option of retaining it for less settlement money (due to salvage value and, in certain states, license & fees, taxes, etc...If you choose to retain, you will still not be paid for the repair of your vehicle, it is still totalled. Depending on the state, you also must get a salvage title on the vehicle until you have had it repaired & inspected by the state to be deemed roadworthy before applying for a rebuilt title.
Can you get full coverage from other insurances on a car if is was declared a total loss by your insurance?
If the vehicle has not been repaired and inspected and title cleaned up, any insurer doing their job will restrict or not write collision and comp. However it does happen, but… be aware that if an accident occurs this salvage title will show up and you will get substantially less on this next settlement. Any prior damage will not be paid to repair again.
if you look online and type in, comercial biussness, and then look for a link on expenses youll find your answer
Insurance Delimma Depending on what state you live in check your insurance policy for Under or UN insured motorist coverage. In some states it is an elective coverage and in …others you are required to carry the minimum limits.If you do not have that type of coverage your best bet is to contact an attorney. Again depending on what state you live in, some insurance carriers can go after other members of the households insurance to recoup damages. In other words, if Grandma or Uncle Bob is the one that hit you and they live with son or daughter, it may be possible to file against son or daughters policy. sue em Sue them. You may not see any money for awhile, but at least you will be given a judgment and promise - which is more then you have now.
Answer . The leinholder is paid off first, then anything remaining goes to the homeowner. This is usually done with a check that is made out to both the lender and the hom…eowner.
\nA vehicle is Cat C when the cost of repairing it's damage is more than the pre-accident value of the car.
Ordinarily, the insurer will pay to restore the structure to its pre-loss condition. When the homeowners insurance is purchased, optional coverage is generally available to en…sure payment of any upgrades in construction needed to bring the new construction up to current building code standards.
If a car is considered a total loss after an accident and the insurance company pays you for what the car is worth do you still have coverage on that vehicle if you contnue to drive it?
Usually if the car is a total loss, the insurance company will pay you and take the car. They then sell it for parts/salvage. If they let you keep the car, all you have to do …is check on the current status of your policy and see if it is listed.
Accidental death and dismemberment is one kind of insurance that may pay for this loss. Also, some life insurance policies provide for the payment of part of the proceeds in a… situation like this. However, in many cases, the insured may have to have sustained the loss of more than one limb or bodily function (such as eyesight, coupled with loss of a limb) to recover. Disability insurance is another possibility if the loss of the limb renders the insured unable to work. This is more complicated, as it depends greatly upon the type of disability policy involved and the functional incapacity sustained by the injured person.
accidental death and dismemberment
It is important to have different types of insurance during a lifetime. A persons health insurance coverage will pay for the loss ofthe person's sight.
Accidental Death or Dismemberment did you know people eat toilet paper in prison so they wontstarve..........
If what you are asking is who/what pays the losses of claims submitted to an insurer, the answer is, if it is a covered claim, the insurer. The nature of insurance is that …in return for a premium (a dollar amount paid periodically), the insurer assumes the risk of loss of certain categories of losses outlined in the policy. There are dollar limits to the amount that the insurer will pay for various categories of losses, but within those limits, and assuming that it is a covered loss, the insurer pays. There may also be deductibles, and for some forms of insurance, copayments (which the insured pays), but overall, the insurer assumes the risk of loss and pays covered claims.