If you didn’t receive a ticket, then you won’t get any points.
What do you do if the insurance for a totaled car does not pay off the car loan?
I faced the same thing about a year ago. The insurance company did not want to give me what was needed. I got on-line and found many cars that were just like mine and demonstrated them that my car was worth more than they were wanting to give me. They still did not want to give me what the car was worth. So I went to puny claims court and filed suit on the driver of the other car. The person’s insurance has to represent them. Also go and look at the comps that the insurance company are using for your car to see if you can substitute the car for what they want to give you. ResponseUltimately it is your responsibility that you either made low payments, took out a very long loan, or picked a car with high depreciation. The insurance company is not liable for the inflated amount you owe–only what the car is worth. ResponseThe insurance company will only give you the value of the vehicle, as per the “Kelly Blue Book”. They will also send an appraiser out to see what the condition of the car was, as in mileage, any previous harm. If the accident was another driver’s fault, you have to sue him and/or his insurance company for the remaining balance.Whatever you borrowed to obtain the vehicle wil always be more than the car is worth. You have already lost money on it as soon as you drove it off the car lot. But do your research. Go online for “Kelly Blue Book”, and get the estimate of the car’s value. If it is more, then dispute it with the insurance company. Print the page out. ResponseWhen you bought the car fresh or used from the dealer you had the option to purchase something called GAP INSURANCE from them (the Dealer, not the insurance company) for your exact situation. If you did not have enough equity in your car for the insurance pay off to cover it AND did not have gap insurance. basically you are screwed and responsible for the rest of the loan amount car or no car. Some people believe Gap insurance is a rip off so they do not suggest it to you and some just don’t know what it is. They do not need to be selling cars. Not fair but the way of life. Father is an insurance sales man. I also had a chick hit me I had GAP insurance and she did not. She still had to pay off the balance on the loan even however she did not have the car. The courts won’t do much because you had the option to purchase gap insurance and you did not, it does not matter that you did not know.
If your car is worth 12K but you owe 20K on it will the insurance company pay it off if it is totaled in an accident?
You can only collect the fair market value or retail book value depending on the regulations as established by your state’s insurance commissioner. The only way you can collect the difference inbetween the Actual Cash Value of your vehicle and the Payoff is through GAP insurance. This is usually suggested to you during the purchase of your vehicle but can be purchased later. .
At the time of purchase, the suggest to purchase GAP insurance may seem like a ploy by the salesman to sell you something you don’t need. However GAP insurance is a valuable option should this situation arise. GAP insurance is what its name implies, insurance coverage for the “GAP” inbetween the fair market value of your vehicle and the payoff amount.
What can you do if your insurance is cancelled the same day you get in an accident and total your car?
Depends on when it was cancelled. Before or after the accident? When did you get the cancellation notice? If you were cancelled before, then obviously you were uninsured. If the accident was your fault, then any costs are yours alone and not the insurance company’s..
In Massachusetts if you receive a ticket for unregistered car but it is insured does your insurance go up and do you get points assessed?
If the car was not decently registered, your insurance was invalid. Points are usually assessed for moving violations. I’ve had this happen, in 1995, so my reaction is based on the law then. I don’t know if it’s switched since. The “neutral” step in MA is step 15. You get one step down for each incident-free year, up to six, which means the best you can get for insurance purposes is step 9. While no points are assessed for an unregistered vehicle citation, it counts as an “incident” and costs you an incident-free year if you otherwise had no moving violations. If you already had a moving disturbance in the year, the unregistered vehicle citation will have no effect on your insurance.
If you are in an accident and you have no insurance what will the bank do when they find out your car is totaled?
The lender has several options but the one you will be worried with is: SUE YOU for the money. Depending on how long you didnt have ins. the lender had very likely placed ins. on the loan that covers them but NOT you. You will still be looking at a Balance DUE. If ya cant ins. it, ya cant AFFORD to drive it. Good LuckIt’s a little more serious than Roosta’s opinion. The vehicle ruined was the collateral which officially established your loan as a SECURED LOAN. That is the condition you signed upon completing your buyer’s contract which is to maintain at minimum Comprehensive and Collision coverages however most of them specifically state such coverage does NOT substitute for bodily injury/property harm liability required by law to even Stir the car without a towing truck in all 50 states and most Canadian territories. Many lenders will like she said add insurance that ONLY covers the repair/replacement costs of their precious investment and they do it almost instantly. If by some chance it’s totalled and they haven’t done so you might be brought up on criminal charges unless you are able to produce the entire remaining balance instantaneously. Unless of course you’re not at fault, in which case the other person’s insurance must pay. These possibilites are going to be the least of your problems if you’re in a crash, at fault with no liability coverage. You’ll most likely spend time in jail not to mention get stuck railing scummy filthy low life busses for the rest of your life, or however long you’re in North America (USA, Mexico, or Canada) They are right. The best thing you can do is keep paying your payments, and hope they don’t find out. ok thank you for your answers but the accident definitly was her falt problem is her isurance doesnt want to cover of coarse she denies!being there at all so what can i do for now as far as the payements and what is ussually the out come? (ive never been in an accident)?
If you receive a speeding ticket will the insurance on the car increase?
It depends if you receive points on your license or not. No points indeed doesn’t affect the insurance rates, but rates will increase if you receive points on your license. ReactionYes, a speeding ticket will most likely increase an insurance policy. Every year at renewal the motor vehicle report is run. If there is a ticket, the insurance company has the right to surcharge the policy (upwards of 15%) because of the ticket. The charge will depend on the severity of the ticket and it will only be applied at renewal. The surcharge will remain on the policy for three policy years.
If you total your car in an accident can a insurance company pay below low blue book?
Each situation is different and there is no definite response to this because there is no stardard but Yes there is a possibility.
Do you have to pay taxes on money you received in a car accident settlement?
General guidelines: .
If the money you receive is to substitute taxable income – loss of wages, for example – then there is a taxable situation. (You would have paid tax on the income had you received it normally). .
If the money is to pay for hospital bills, household assistance, auto repairs or replacements – basically things to restore you to where you were before the event, then there’s no taxable event (assuming you didn’t tryto take a deduction for the casualty loss – meaning you can’t deduct a loss that you are reimbursed for, as no loss actually occurred).
If an accident is your fault and your car is totaled do you receive any money for your car?
That depends on what insurance coverage you have. If you bought only the state-required liability, NO. If you have total coverage you will get the book value of the car minus your deductible. If you have a loan on the car, this will very likely not pay it off and you will still owe the remainder unless you also purchased “gap” insurance. Gap insurance will cover the remainder of the loan except for the deductible.
If you are driving another’s car that has no insurance and have an accident who gets the ticket the driver or the holder of the car?
Laws say that you are responsible to make sure that the car you drive is insured. examined, and registered. even if it is not your car. I have been picked up on this charge a duo of times. Have asked slew of lawyer friends and read enough books to find out I was screwed cause I didn’t ask very first. My friend was also charged with letting me operate the car when I had a suspended license. we were both taken to jail for this
If you was in a car accident that was not your fault and you do not have insurance can you receive money from the other party’s insurance company?
Every once in a while you will hear of a proposed law “Pay to Play” which says that if you are driving illegally without insurance that you can’t expect to receive payments from an insured driver that runs into you. While I and many other people might like such a law, I have never heard of such a law that is in place at this time. So, if you are truly not at fault in the accident then I would imagine that you should be able to get payment from the at fault party.
How much insurance will you receive for a car that was totaled in an accident?
Most of the time they will give you retail (plus tax) and minus your deductable.You can go to www.nada.com to find the value of your car. depends on coverage, usually the value to substitute car (includes any remaining payments and getting a car comparable to the one you lost, if that fortunate)
Whose insurance pays if you are borrowing another’s car and are in an accident?
Read your policy. If the policy says that anyone driving your car with your permission is an insured, then the company that insures that car pays. Many policies exclude certain drivers, so it is not a one size fits all reaction. .
The insurance for the car will pay, not the driver. Sadly, you are not required to pay anything, but if you are a responsible person, then you will….especially if it was your fault.
If a child on your insurance policy has a no points accident with property harm and totals a car how is the premium affected on all family drivers and vehicles?
Assuming he is rated on one vehicle in your household, that policy will likely increase due to this loss, or any vehicle he is rated on.
Will car insurance pay for a car totaled in a DUI accident?
It should. If the “at fault” vehicle is insured, it’s supposed to cover the victim’s vehicle 100%. If the “at fault” vehicle has comprehensive and collision insurance that insurance is supposed to cover the at fault vehicle up to the deductable amount.Note that the inebriated driver will liberate his insurance and be required to get the VERY expensive DUI “insurance endorsment” since he/she is now in the highest risk bracket..
BTW, when a toasted driver causes a collision it’s not called an “accident”. Accident is when things just happen. Driving buzzed is the CAUSE of the collision and as such the collision is not called an accident. Call it a wreck, crash or just about anything else that takes away the implication of a random act.
If you only have liability and your car is totaled in an accident will your insurance pay for it?
Car insurance:liabiltityNo. Because liability only covers the damages to the other persons car in an accident. “Trio. Property Harm LiabilityThis coverage pays for harm you (or someone driving the car with your permission) may cause to someone else’s property. Usually, this means harm to someone elseï¿½s car, but it also includes harm to lamp posts, telephone poles, fences, buildings or other structures your car hit.” See the link below for more information on coverage. ReactionNo. Liability takes care of the other driver and his vehicle only. ResponseNo. Unluckily, liability only covers the OTHER man’s car. If you do not buy the “comprehensive and collision” coverage, YOUR car is only covered if the OTHER stud is at fault. ResponseIn the UK there are three main types of car insurance: 1. third party; Two. third party fire and theft and Trio. comprehensive. The very first type will not pay for harm to your vehicle in any event; the 2nd will pay if harm to your car is caused due to fire or theft and the third will pay in any event for harm to your vehicle. If however harm is caused by the user of another vehicle you will be entitled to claim compensation from the other driver’s motor insurance for your vehicle harm and if no insurance is in place form the Motor Insurers Bureau. See the related link entitled “car accident claim” to see how to display legal fault for your car accident.
If you are in an accident and it is your fault does your insurance pay for both cars?
No lovey not if your the one at fault… Insurance only covers the other person if your at fault sorry honey……
It depends on what insurance coverage you have. The liability coverage that all states require you to carry on any registered vehicle will cover the other person’s harm. If you also purchased collision insurance, that will pay for your vehicle (less the deductable).
Can carriers raise your premiums for a serious accident where your car is totaled and the insurance company pays for your car but the insurance investigator ruled that the accident was not your fault?
yes if your ins.co. pays for your car..
They CanEven if they don’t pay for your car. My agent warned me that my homeowners premiums could be raised just for filing claims! They used to send an adjustor out automatically if there was a hailstorm or windstorm, but not any more. I just dreamed an ajustor to estimate the harm last spring and let me know if it would exceed my deductible.
What would you do if you have no car insurance and got into a car accident but havent embarked paying off that fee and then got into another car accident where the car was totaled and it is your fault?
You should stop driving instantly. It is illegal to drive any vehicle without meeting your state’s Financial Responsibilty Requirements..
Stop driving! If you still didn’t have insurance when you got into your 2nd accident, they’ll most likely suspend your license and if you’re then caught driving they’ll throw you in jail. If you can’t afford insurance you can’t afford to own a car!! Based on your driving record thusfar you need utter coverage!!
If my car is totaled and not paid for will your insurance pay for it?
Car Loans .
In most cases, insurance companies are only required to pay up to the book value of your car. What this means is that if you owe $15,000 on a car loan and the car is only worth $12,000, you will still be held responsible for the remaining balance which in this case would be $Trio,000. This is also known as being upside down. If you purchase GAP, a.k.a a debt cancellation contract, then you would not be held liable for the remaining $Trio,000. This is why it pays to purchase a car that has good residual value meaning it shouldn’t depreciate much quicker than you are able to pay off your loan.
I drove my beau’s car and got in an accident and I was at fault.I realized his car insurance was not switched over to his fresh car Can my insurance kick in at this point to pay for the damages?
Actually, yes your insurance can pick it up if you and your beau live together. .
My bf crashed my car which was under my parents policy and b/c we lived together, his insurance picked up and covered the damages.
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, tho’. 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, “most 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.
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
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.
If you were in an accident with no insurance and it was not your fault but the other car at fault has insurance and was issused a ticket will there insurance company pay you or the bank?
The at-fault party’s insurance should cover your vehicle..
EVEN Tho’ OUR INSURANCE HAD RUN OUT BY AMONTH?
If you have utter coverage car insurance and you have an accident and are killed does insurance pay settlement?
An unendorsed ISO Individual Auto policy should pay your “Part B-Medical Payments Coverage” Limit to an insured,which is a no-fault coverage. This is usually a low limit of 1,000 or Five,000 but can be enhanced. Uninsured/Underinsured coverage could pay bodily injury or funeral expenses you incur if the negligent vehicle doesn’t carry insurance or doesn’t have an adequate amount. Also, there are endorsements available that could indemnify after a death such as “Auto Death Indemnity”, which sounds like what you are needing.
What happens if you dont pay parking tickets on a car that is totaled?
When violating a rule, it is significant to pay the fines associatedwith it. If a person does not pay a parking ticket, they can end upwith late fees and possible jail time.
If you are in a car accident and the car is totaled does your car loan get paid off through insurance?
Not unless you have the fresh option in insurance of the fresh car replacement. If your car is totaled, you will be paid the Blue Book price for your vehicle. This sum is the amount your vehicle is worth at this time. Any amount over this sum that is still owed to a car loan is still due.
Will individual medical insurance or car insurance pay medical expenses in an auto accident?
Your choice, depending on which coverage is better. Attempt the auto insurance very first. but recall, their job is to minimize costs, and sometimes you have to go where they send you. they may have thresholds depending on the policy and state laws. your medical coverage is designed to cut costs by keeping you alive and healthy to keep paying them. they don’t make money off dead people or people too sick to work and keep coverage. they will usually end up paying for long term issues, especially if they don’t pop up right away or if a pre existing conditioned is worsed. how much wor$e is the back ache, indeed? you should go through the auto insurance if its drastic, expensive, extensive care. if its minor aches and ache just pay your Ten$ or $20 copay and go to your primary care physician (your doctor). if you get hurt in an accident, go to the closest hospital right away, don’t delay or the ins co may attempt to loophole out of paying you, thinking scam alert. i once tapped a duo in their 50’s when i was 16 and only driving for a few months. he slammed on his cracks after realizing he was about to miss his turn. at 20 miles in a 25 (it was 200 yards after a turn) i hit a pile of moist leaves next to a stone wall and skidded into them. i was sited no fault as i could not get off the road or go into opposing traffic (why they stopped). they were complaining about how hard i hit them and she was telling he already had a bad back and now this. the office on the scene asked them did they want him to call them an ambulance to take them to a hospital. She said right away no, they were going to their own doctor. after they left the cop told me they would be trouble. but they were denied due to lack of physical proof and officer testimony. so the moral is because some scam, they reason all are potential scammers until proven actually hurt.
You were in a car accident had insurance but the car was totaled and the car was not in your name Do you get compensated to get a fresh vehicle?
no you won`t get it. You require both car insurance and it must be registered on your name.
What to do if you have a car accident and no car insurance?
Your tucked .
In the UK it is an offense to drive a motor vehicle without a valid policy of motor insurance. If however the car accident was caused by the other vehicle driver you would still be entitled to recover compensation for your injuries and vehicle harm from the other driver. See the related link entitled “car accident claim” for a description of how to prove who was at fault in a car accident. If you caused the accident – the Motor Insurers Bureau would meet the compensation claim for the other driver under the Uninsured Drivers Agreement but the MIB might seek to recover any compensation paid directly from you. See the related link entitled “accident car insurance” for a total description of motor insurance and the MIB. Same screenplay in The United States. In the State Of Fresh Hampshire , there is no requirement of the state to have insurance. If you have a car financed, the financial institution will require that you have total coverage but other wise, you can drive loosely withou5t insurance. But if you have an accident and you are the cause and have no insurance, you can be cited for no insurance, and the financial ramifications can be ruining. Be clever, at least carry the minimum of liability.
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.
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.
Single car accident no injuries but car totaled will insurance pay?
Evidently if you have collision that should look after the harm to the car. Now the collision comes in many shades of grey. The insurance company will pay cash value after taking into account the mileage, year, and type of vehicle. Plus the cost of dealing with the harm vehicle cost would be subtracted from the settlement of the cash settlement too in some cases. If you have no collision then you have no gam to stand on, your are left holding the bag.
Car is totaled in car accident?
That will indeed took a time to repair it or much better to buy one. Just think it clearly either of them can cost you less.
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 get car insurance on a car after the accident?
If the car has not been repaired but the harm is cosmetic they will most likely insure it for liability onlyIf the car has been repaired it will be no problem to get insurance. If the car is deemed salvage or rebuilt, you can get utter coverage, however keep this in mind. A branded title makes the car worth 35% less than average retail. The coverage AFTER the accident , of course would not caver any claims concerning that accident.
Does car insurance or medicare pay for hospitalization due to a car accident?
Either can If there is insurance on the at fault car where I live that insurance company is responsible for the medical bills, however you may have to pay up front or have your insurance company pay up front and pursue the other company. I purchase extra coverage for this called uninsured motorist coverage ($20 maybe a year)
Where do I get help to pay for my car accidents and insurance in hit and run?
Generally, you cannot, in the absence of collision or uninsured motorist coverage. If the hit and run driver is eventually identified you may be able to sue them personally. Both collision coverage and uninsured motorist coverage are “first-party” coverages, meaning that they cover your own vehicle. Collision coverage provides property harm for your own vehicle irrespective of fault for the collision. It is normally subject to a deductible, meaning there will be an amount that you will have to pay out of pocket. You will have to check your policy, or with your insurance agent, to see if you have the coverage, because it is generally not mandatory. That said, if the vehicle is financed, the entity through which you financed it may have required that you get collision coverage to protect the collateral. If you did not, the company that financed the car may have obtained “force-placed” coverage for you and charged your account the premium for it. Therefore, you should contact the finance company and determine if it did and if so, get the specifics on the coverage so that you can make a claim. Uninsured motorist coverage provides benefits to you if you were injured (usually there is a requirement of permanency, but state law controls) by the negligence of an uninsured driver. It does not provide any property harm benefits, so depending upon the damages that you sustained, it may be moot whether you have it or not. If your state requires you to maintain liability coverage on your car, it will generally also require that your insurer have suggested you the chance to buy or to waive the purchase of uninsured motorist coverage.
What kind of car insurance pays for your injuries when you’re in an accident in your car?
Three types of auto insurance come to mind: medical payments (or private injury protection), liability coverage and under/uninsured motorist coverage. Med Pay is coverage that protects the occupants of a car and pays medical bills up to the amount of the med pay policy boundaries. Liability coverage is the car insurance that pays on behalf of the at-fault driver. This coverage makes a lump sum payment to the injured person who is not at fault. UM coverage is wielded by the injured person and pays them in cases where the at-fault driver does not have any insurance or does not have enough liability coverage.
Can you buy back your totaled financed car lets say my car is financed and I get into an accident that totals my car. I know the insurance will pay out the bank but can i still buy it back after?
Yes, you can usually but it back because it is then inbetween you and the insurance company. But keep in mind your insurance company normally pays the ACV (Actual Cash Value) which may not be what you actually owe on the vehicle unless you carry Gap insurance. Gap Insurance is an extra coverage that covers the balance of the loan inbetween the ACV and remaining Balance.
Does car insurance in Virginia pay for power pole in accident?
Provided your premiums have been paid and your policy was in effect at the time of the accident, an automobile’s liability coverage will pay for any property harm you do in an accident, even if you run your car into a store front or knock over a power pole. The policy will pay up to the limit of the liability portion of the policy.
Do you have to pay auto insurance if your car is totaled in an accident and may not have another car for several months?
If the only insurance you have is on the totaled car, you will not be required to carry a policy on it anymore. However, it is never good to have lapses in the dates you are insured. I suggest having them to lower your insurance to the most basic your state permits and carry that until you get another car.
What do you do when your car insurance wont pay after an accident?
Check your policy, and if they are attempting to cheat you, then sue them till they have to pull out a loan just to go to the bathroom.
Can you force the other driver’s insurance pay to fix your car instead of totaling it when the accident is their fault?
No, The law does not require an insurer to pay more than the value of the loss.
Where to go if your Insurance company is not paying for the loss of a car accident?
Attorney General,s office where you live. Also attempt the Better Business BureauAdded: Contact the State Insurance Commission of your state and file a complaint.
Can insurance make you pay if cars behind you get in accident?
I’ve got a feeling there is more to this than the question states. The reaction is if you caused the accident and the police and/or insurance investigator state that you caused the accident then yes you can be at fault and liabile to pay for damages. For utter disclosure, I own and operate a petite Independent Insurance Agency in Gordon, Georgia and have for 22 years. I also worked as an agent for a direct writer for Three years before that.
A family member was killed in an auto accident in the state of kansas. Does insurance money paying for the totaled car have to go through probate?
It depends on who the car belonged to. If the car holder is not the deceased, no, it would not go through probate. Any insurance money paid as a result of the death itself would go through probate.
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.
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..