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For claims involving bodily injury or property damage for which you are legally liable - standard General Liability. Understand though, the policies clearly define the terms "bodily injury" and "property damage" and limit the scope of coverage to occurences falling within those definitions. Most General Liability policies also provide some limited coverage for "contractual" liability, such as the lease of a premise and some coverage for personal/advertising injury - slander, libel, defamation of character. Judgements, in the general sense, can be awarded for a myriad of torts. Many of these circumstances are simply not insurable events. Could you provide more specific information about the type of judgement you are concerned about?
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∙ 16y ago
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This refers to the outcomes of court actions such as judgments to pay a debt?
public acts
Is your mother's estate responsible to pay her ex husbands judgments?
If the judgments are by a third party against the ex-husband as the only defendant then they are not your mother's debts. If they mention her name as a defendant her estate is responsible. If the judgments were granted to her ex-husband against HER then he can make a claim against the estate as a creditor.
Do you have to pay deductible if it was vandalism?
You need to look at your insurance policy.
Can someone take out a life insurance policy on someone that they do not know?
Why in the world would anyone want to pay that much money for an insurance policy if they did not know the person? Life insurance is expensive.
What are loss payable provisions?
Sounds like insurance policy language. It refers to the enumerated situations under which the insurance company will pay for reimbursement.
What if my car was totaled in an accident the insurance pay off the debt?
Only if you carried GAP insurance will it pay off what you owe to the Lienholder. If not then they will only pay what they valued your car to be worth which may or may not be enough to pay off the loan.
Will homeowner's insurance pay for someone to be off of work?
No
What insurance pays claims on judgments?
It would depend on many factors. Most of the time it is not insurance that pays out on Judgments, the person losing the suit pays, or the corporation that lost.
Do you still have to pay your car insurance if your car is off the road?
I have taken my caroff the road for the winter. Do I still need to pay insurance
What are the effects and consequences of not paying off credit card debt?
What are the possible consequences of not being able to pay monetary judgments against you.
Do you have to pay off the car loan if you have totaled the car?
Yes, if your insurance company will not pay it all.
If you die and you still have outstanding loans can they take your life insurance to pay everything off?
Life insurance paid to your estate could possibly be used to pay off personal debt. However, if the life insurance is paid to a beneficiary, it is their money, not yours, so the beneficiary has no obligation to use the money to pay off your debt.
Does insurance pay off a recovered stolen vehicle?
It depends on what insurance you're talking about, does it include theft?
Does homeowners insurance cover your mortgage if you are laid off?
No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.
If your car is out for repo but has been totaled in a car accident are you still repsonsible for the payments or will the insurance company pay off?
Your insurance will only pay off what the blue book value of the car is, whether that's enought to pay off the vehicle is unknown to me. If you owe $7k and insurance says the car is worth $5k you owe the $2k difference.
Does the car insurance pay the debt when the owner dies?
Normal car insurance Liability, Collision, & Comprehensive will not pay off the loan. You would need to get the proper insurance for this purpose. Either life insurance or insurance for the purpose of loan payment.
Do you have too pay car insurance on a car not being driven?
If it is completely off the road you do not need to pay insurance. But do not move it one inch on a public road!
