 My parents bought me whole life insurence, when I was in high school. Should I keep it or cash it in? |
| I am now 32, married, one child. My wife and I recently got term life for 20 years. The whole life policy premium is $81.45 / quarter ($325.80/ yr). Policy is 15 years old and has a cash value of $... |
|
 I need to know if i Get Birth Control from my doctor will my dad be able to tell from the insurance? |
I live in Texas and Have Blue Cross and Blue Sheild.
I am wanting to go get on Birth control, But i need to know if it will show up as Birth Control on anything my dad will get from the ... |
|
 Lame answers? |
| Do people answer questions with lame answers just to earn point?... |
|
 If the car I am driving is uninsured & I get in an accident & I am not at fault are my damages covered? |
| My sister in law came over my home to visit, she was parked behind me and I was going to run out and grab a pizza, I asked her if I could just borrow her car instead of moving it out of the way to ... |
|
 Should I buy mortage insurance? |
| I keep getting letters in the mail about it, but what's it all about?... |
|
 Should I get additional life insurance, if I have substantial coverage thru employer? |
| I am in my late 20's and have 2 daughters. Thru my employer I have about $1 million group term life insurance policy plus death benefit thru vested pension plan. Should I go ahead and purchase ... |
|
 My girlfriend died and I had cosigned a car for her. What is the policy regarding that, do I keep the car? |
| Do I have to continue with the payments? Or can I keep the car with out having to finish paying it off since it was her car and she passed away.... |
|
 My laptop was stolen? |
ok I had a $3000 laptop and it was stolen I dont have insurence on it. my question is is there any thing that would cover it so i can get a new one
..... serious answers only ... |
|
 If you are on a tight budget, is life insurance really worth it? |
Additional Details
Thank you all your great answers. I have read all your views carefully and am taking them into consideration.
I've decided to put this on vote ... |
|
 I have to write a heartfelt letter to an insurance company.. |
They canceled my grandpas Medicare supplement because he didn't pay the premium. He is sick (cancer 5th stage) and he forgets stuff.
He has been in and out of the hospital and is now on in-... |
|
 What do you think about Smoker's Surcharges? |
| I smoke occasionally (no comments, I know the risks...). My company charges $30 extra a month for insurance for anyone who smokes more than 1 cigarette a day in the last 12 months. Do you think it&#... |
|
 Is Hillary Clinton really THAT STUPID? |
I saw in the news this morning that her plan for universal healthcare is FORCING every American to get coverage.
1) How does she plan to enforce it when the government cannot enforce ... |
|
 Being interviewed by insurance claims agent. How should I handle it? |
| I was blindsided over the weekend by someone who ran a red light. My car is totaled and I'm a bit banged up. Their property claims department will make me an offer on the car, but the bodily ... |
|
|  |
ackwarius2004 | After a taxi taking a U turn collided with my car - I have been offered £450 by my insurer - should I decline? |
the insurance is comprehensive & and the alternative would have been a total write off. I need a car as I am partly disabled and unable to walk far, to even catch a bus. |
 |
 
Ron Mexico
|
No way, you should get a lot more than that. |
|
stingray
|
Under no circumstances accept this offer. U turns are extremely dangerous. This taxi should get the book thrown at him. Push for a lot more. Make sure you have not suffered any personal injury too which may not be immediately apparent!!Best of luck. |
|
lozzielaws
 |
Depends on the make, model and age of the car. be more specific. Check your car against other similar ones on autotrader.co.uk and see what they are going for. If you disagre with the price, send copies of any evidence you find to your insurer. If they have valued it incorrectly, they will re-evaluate the price.
If you are still unhappy and they cannot show you evidence of where they obtained their price from, contact the insurance ombudsman who will review the claim.
The price given by the insurer is the market value, not the price you would pay at a dealer as dealers have overheads which they add on to the price. The price you are quoted by insurers is the private retail value, so bear that in mind when you are checking prices.
Regards a curtesy car, it may not be included in the policy, people just assume you get one if you have comp cover. Wrong! You need to check your policy first.
A lot of the answers on here show that they dont know how insurance works, if you want to email me feel free to do so. I dont work in insurance any more, but have 15 years experience doing valuations on write offs.
Regards lack of transport, if the third part admits liability, you should be ale to claim back costs like taxi's etc. so keep receipts in the meantime. |
|
karen w
|
insurance should give you a courtesy car and you can sue that taxi driver |
|
taxed till i die,
|
No tell them your predicament more money for new car plus cost for hire car,sue taxi driver,get every penny you can best of luck e |
|
frank_j_hernandez
 |
It sounds like you have opted to retain the salvage of the vehicle. Is this right?
Following a write off (eg. repair costs exceed the replacement value of the car), insurers will offer your the replacement cost of the car, in the condition immediately prior to the accident, less the policy excess.
If this is accepted, they will then sell the car on and receive some money from a 'salvage yard'.
If you have opted to keep you car, Insurers will offer the original write off value, less the excess, but will also take off the amount they would have received from the salvage.
You should be able to get the excess back from the other parties Insurer, but you may have to do this yourself, and this will take time.
After making any payment to you, your Insurer will ask the other parties Insurer for reimbursement.
Your question was - should you decline the offer.......My advise is, that if your car is a beat up old banger, but is still drivable, would pass an MOT and is legal. Then take the money and run - there would be no obligation on you to carry out the repairs.
Good luck. |
|
sashjohn
|
your insurance will write the car off if it would cost more then 60 % of value of car so i would take the cash |
|
Darren Sneddon
|
always decline the first offer from insurance companys |
|
Valac Gypsy
 |
DECLINE. Did you get insurance information from the taxi driver? If not, I can't understand why your insurance offered anything. Your insurance company should file a claim with the taxi driver's insurance,( who is obviuosly--from your statement--at fault), & HIS insurance company should pay for your car, whatever its current value. Do you have a provision in your policy for rental car payments? They're usually for a specific length of time, but REPAID to them by the other party. You'll never get more than the Blue Book value, or an offer for another vehicle EQUAL to your car's value--which is very frustrating since you'll probably not be able to replace its value to YOU. If you have any confidence in your insurance company, they should explain why they offered $450., & advise the best thing to do. Try not to jump the gun. As for being unable to walk to a bus: you can order, for example, groceries online to be delivered, & if you need to go to medical facilities, check what your community offers in the way of transportation. ANY friends who could drive you? The best I can suggest is that you find alternatives to not having a car, (I understand; I have fractured toes & can't walk far either--I got a temporary disabled placard from DMV & it helps), until this is PROPERLY sorted out to compensate you. & ALWAYS get a police report on the spot. They say they won't come out unless someone has been injured, & the last time, (I have a cell phone only for such emergencies), I told them MY CAR WAS BLOCKING TRAFFIC & I WAS NOT GOING TO MOVE. It worked. Don't deal with the "other" insurance company PERSONALLY. They'll really try to scam you, & this can interfere with whatever your insurance company is doing for you. (If they are.) A Good luck..... |
|
dollysdress
 |
If your fully comp you should get a curtsey car
When I had my first accident as a taxi driver my boss advised the car I hit to sue him cos he wouldnt pay otherwise
He did and was very happy with the outcome
If the taxi is driven by an owner driver not a company then you may have to work a bit harder but £450 sounds way to low |
|
RHNBJM
|
DECLINE, DECLINE DECLINE.......DO NOT SIGN ANY SETTLEMENT !!!! |
|
Mike
|
Why !!! is YOUR insurer offering you money & not the Taxi's Insurance company |
|
vicky l
 |
DECLINE, you should get alot more then that. x |
|
Radio Ga Ga 73
 |
Yes and you should sue them!!!! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
14 | 22 minutes(s) ago
| | | |
14 | 2 hour(s) ago
| | | |
14 | 7 hour(s) ago
| | | |
14 | 8 hour(s) ago
| | | |
14 | 10 hour(s) ago
| | | |
14 | 1 day(s) ago
| | | |
14 | 6 day(s) ago
| | | |
13 | 1 week(s) ago
| | | |
13 | 1 month(s) ago
| | | |
13 | 3 month(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
