 My fiance' recently passed away in a motorcycle accident,? |
| his motorcyle insurance cancelled a month before he passed he was at fault , and the other party insurance company sent me a letter stating that his estate must pay for the damages to other party, ... |
|
 What do you think about Insurance Agents? |
| And what do you think about your Insurance Agent, that is if you even know who he or she is?... |
|
 A question about an insurance settlement? |
| My wife was hit by another car about a year ago. She broke two fingers quite badly. She had 2 surgeries, temporary pins, and a year of physical therapy. Now the insurance company is ready to settle.<... |
|
 Take the Accident insurance money run? |
1998 Camaro z28 Convert .
I hit a pole in a parking lot at about 10 MPH or so,
Called my insur and they told me to take it to get an Est or to take it to thier reccomended shop.
1st ... |
|
 How i can an insurance agent ( advisor). what are qualification required for insurance agent ? |
| as i want to be an insurance agent and i required phone no , email id of the person who can appoint me as insurance agent ?... |
|
 Can my brother add me to his health insurance? |
| I understand that without knowing which carrier my brother has it's not possible to know the answer for sure. But in most cases would my brother be able to add me to his insurance? He works at ... |
|
 How to terminate my insurance policy? |
| i've 2 policy insurance, life policy & investing policy. now i have finance problem, i really cannot afford the premium. so i want to terminate either one of these 2 policy. if i terminated ... |
|
 Urgent help needed. Insurance claims? |
A shop manager has been has asked by her employer to lie in a letter for an insurance claim.
-The claim is for items that were shoplifted, while the manager was not present, which is exactly ... |
|
 Does car insurance really go down when you get married? |
| I have heard that insurance goes down once you get married. Is this true? If it is, how much? Is it significan't? Do you have to be married before you turn 25 for this to apply? I have heard so ... |
|
 How should I pick a company to buy life insurance from? |
| So many companies offering life insurance... how should I determine which one is the best to ask for a policy?... |
|
 What is an annuity? |
| How do they work?... |
|
 Should employers be forced to carry health insurance? |
QUESTION:
With the cost of health care,
DO YOU THINK EMPLOYEES SHOULD PROVIDE provide group health insurance for employees to buy? No matter how small the group?
(i.e., ... |
|
 Can anyone tell me abt a good LIC Policy? |
I want to buy a LIC policy , which one is better pls suggest
for EMI-around 24000 yearly
or 12000 half yearly or 6k for q
any help will be highly ... |
|
| Scamming insurance? |
| I bought a house and was convinced by the realtor to purchase a so called "Appliances Insurance". Five months later, water heater gone bad, called the insurance company. They were very ... |
|
 Insurance deductible, can I get out of paying for being hit while legally parked? |
| My parked car was hit by a van being guided by an unlicensed/uninsured driver. I am now facing a $1000 deductible, though I have liability/comprehensive coverage through AIG. Perfect driving record ... |
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keithchristie_smith | Can you claim insurance payouts on multiple policies for the same goods? |
|
 |
 
RAY
 |
afraid not...insurance works on the principle of indemnity. That is it will put you back in the SAME financial position as you were before the loss. Not better off. There is a central claims database to stop people doing just this. What will happen is the insurers will either share the loss or more likely if it's probably relatively small just one will pay. There's usually a section on a claims form which asks if the goods are covered elsewhere, obviously if you say no and then try to claim elsewhere, you'd be committing fraud. |
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♥Sweet Cheeks♥
 |
No. That's called insurance fraud. |
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DIXIE
 |
They thought of that one long ago and can check what cover you have with other insurers
Between them they agree which one will pay out - usually the one with the largest excess i.e you pay the first £x on a claim |
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SeaEff
 |
Don't think you can. |
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Social Science Lady
|
No you can only claim for one lot of damage once and from one insurer. |
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aires69uk OFFICIAL
|
No that is called fraud. |
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jeremy_hancock
 |
Usually not. Most policies have a clause stating that they'll only pay if the goods are not covered under other reimbursement. |
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Max Power
|
Im sure you could as you paid paid the premium , works for life insurance |
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mickeyblueyes
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Dont think so..... wouldn,t that be fraud..... if you only had one lot of goods & you've only lost the goods once how can you claim for them more than once even if you did insure them with more than one insurer. That would be a bit like printing your own money! |
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Amy H
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no. say for arguements sake under your home insurance you have cover for items away from your home and you took out an travel insurance policy which covers your belongings when you travel. if you were to make a claim, your travel insurers would split the cost with your household insurers. if you claim on multiple policies - this is fraud. bear in mind all insurers are linked via databases nowadays to prevent things like this. i work for an insurance broker. |
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Ruth P
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No unless the agreement has been made between the two insurance companies that each will pay a certain percentage of the claim. You can't get more than 100% of the current value. |
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