 We are getting term life insurance. Should we cancel the whole life policy? |
| Before my husband and I purchased a home, he had a basic whole life policy. Now that we are homeowners, we need more coverage, so we are adding a term life policy that is probably six times larger ... |
|
 Is it legal for a home insurance company to require renters insurance for a domestic partner? |
Additional Details
NYS....When i mention it to other brokers they say it is not necessary and are surprised that they are requesting it. I don't see the reasoning behind it other ... |
|
 What should i major in if i was thinking about a career in selling life insurance? |
| This is a new direction that I am going in and I need a little advise... I recently saw a job opening for an insurance company, it has great compensation, benefits, bonus', travel opportunity ... |
|
 What does proof of loss mean? |
| in regards to life insurance?... |
|
 Mortgage company unreasonable about homeowners insurance requirements.? |
I own a condo, and I asked my mortgage company how much condo insurance I am required to hold as a provision of my mortgage.
They stated that I must have enough to pay off the mortgage ... |
|
 Do auto insurance companies check your credit? |
| I want to purchase a house but I don't want my credit being touched while looking for insurance for my vehicle. Will an insurance company touch my credit?... |
|
 Is it worth it to purchase identity theft coverage on a home owner's policy? |
| I have had my credit card # stolen in the past and have never had a problem with having the charges forgiven. This is $40 extra a year on my premium. Does anyone see any meaningful value with ... |
|
 A tree on the boulevard just cracked in half and landed on my car parked in front of my home.? |
No big storm,tornado or lightning. just some wind and a little rain drizzle. The tree was not dead to our knowledge.
luckily nobody outside was hurt.
My question is- is the city any way ... |
|
 If my house happened to become damaged and a claim made with the insurance firm, could I carry out the work? |
| If I was a skilled builder with my own sole trading company, could I inherit the work and be 'effectively paid' by my insurer to fix my own property?... |
|
 Am I legally covered if my employer withholds money but doesn't pay insurance co? |
| I thought I signed up for the family dental plan at work 4 months ago. After my husband's dental claim was denied, I was told that I checked the wrong box (employee/child box) on my application. ... |
|
 Why do Some Insurance Companies rip you off on your claims? |
Additional Details
My home was destroyed in Aug 2005 and we lost 35 years possessions including a clock collection of some 550 clocks.We followed all the rules never claimed for ... |
|
 Will my auto insurance rate rise if someone on my policy gets in an accident? |
| If I add someone onto my auto insurance policy and that person gets in an accident, will my rate climb. If it does can I remove that person from my policy to keep my rate the same.... |
|
 Does anyone know of any affordable health insurance? |
| My husband and I pay $420.00 a month for both of us. His has a 250.00 deductible and mine is 1,500.00 deductible. We are both in our 40's with no health problems.... |
|
 What happens if you answer "no" to the question "Have you used nicotine in the past year"? |
| On a life insurance policy application but you really do. What would happen if you started smoking after it was in effect? Would the company not pay the beneficiary when you died? How would they know?... |
|
|  |
IKE | Can I get full compensation from the insurance company in case of an accident caused by an uninsured driver? |
Lets say I gave my car to my buddy to drive. He is not a driver under my policy and had an accident.
Does insurance company pay my claim? |
 |
 
Gambit
|
As long as he has a valid licence for the class of vehicle he is borrowing, and he is not a member of your household or a regular operator of the vehicle, yes he is covered.
If he does not have a valid licence, no the claim is not covered.
If he does have a valid licence but is a member of your household and/or a regular operator of the vehicle, then it depends on your insurer. Some may deny the claim and void the policy. Some may pay the claim and add them as a listed operator. It depends on the circumstances. |
|
SmartA$$
 |
it should, but they will try to get compensation from his insurance company, or if he's not insured they may try to sue him to make him pay them back.
It depends on your coverage though, you really need to ask your insurance agent what coverage you have and/or review your policy, it could vary by company and by state (state law may affect how insurance companies handle this situation)
. |
|
Insurance
 |
Yes! it is covered provided
1. he is driving your car with your permission
2. he has a valid driving license
3. during the accident he is not under the influence of alchohol or drug
3. during the accident he is not violating any law (ie robbery and etc)
4. check the policy |
|
Phil
|
Since your question is vague, I take it you are talking about compensation for damage to your vehicle.
It doesn't matter that your buddy isn't listed as a driver on your policy as long as he isn't a household resident. He would have coverage as a permissive user.
If he wrecked your car, and was at fault for the loss, your insurance company would pay for the damage to your car if you have collision coverage. This would cover the damage minus your deductible. |
|
Luke D
|
Unless you have signed a Name Driver Exclusion form on your buddy, yes it would be covered as long as he has your permission to driver the car. If he got in an accident, your insurance company would look at it as a lending loss. |
|
smiling_freds_biz_info
|
Maybe you should ask your insurance company.....be sure to keep good notes. |
|
mbrcatz
|
What's YOUR claim for? Collision on the car? Sure, if you have collision, subject to your deductible. You don't have any BI or lost wages, so there isn't any uninsured motorist BI claim.
SOME states have an uninsured motorist collision coverage - which would cover, subject to any deductible.
You need to discuss this with YOUR agent, to see what state specific coverages you have. |
|
sillyoleme
|
I think the law differs from state to state. Here in Kentucky, the primary insurance is the policy on the car itself, and not the specific driver. Like other people have said, as long as he has a valid license, and your permission, and isn't doing anything unlawful, he should be covered.
In our state, we tell policyholders "you loan your car, you loan your insurance." So be careful who you loan your car to! Also, you should check your coverages to see if they include collision coverage for uninsured or UNDERinsured drivers. With all the companies out there keeping people "legal for less", there is a chance that you'll be hit by someone whose insurance won't pay to get you off the scene of the acccident. |
|
ktlove
 |
his insurance is primary. he doesnt have insurance, then call your agent and ask. if you have cheep-o coverage, you may not have any coverage. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 7 minutes(s) ago
| | | |
8 | 25 minutes(s) ago
| | | |
9 | 48 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
7 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 3 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
7 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
