 Property or liability insurance? |
| I rent an apartment. I flooded the parquet floors (my own fault). They will have to be replaced but my insurance refuses to pay on property insurance because the floors are not MINE. They say the ... |
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 My Mom lost the stone on her engagement ring. Is there any solution?? Could she be reimbursed?? |
| Could she be reimbursed by jewelry store/insurance? What if it is not covered on insurance? Then she is probably screwed, right....?... |
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 My husband did not get offered COBRA? |
| He left his company after giving 2 months notice. It is a small company,(40 employees) he was a manager and they were very bitter that he was leaving. He was there for 7 years. He left so that we ... |
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 I was burned by hot grease at work in PA. Am I entitled to have workers comp pay? |
| I was injured at a resturant in PA by hot grease. A guy triped on accident and spilt a large amount of grease on my arm. It was a second degree burn. What am I entitled to?... |
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 Daughter had surgery a year a go and the insurance company is sayign they are not paying their half? |
| Our daughter had eye surgery a year a go on her eye lid. The lid was covering her eye in a way which could have the brain shut the eye down and she would be come blind in that eye. She has been ... |
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 Primerica (Citibank)? |
First off, i DO NOT need comments like how Primerica is a scam or w/e. What i'm interested in is whether the products that Primerica sells is as reliable as they say. For example:
$MAR... |
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 Can I take out a life insurance policy on someone else? |
| My sister and I would like to take out some sort of life insurance for my mom since my mom does not have any savings/401k nor does she have any life insurance. We just want to be prepared for when ... |
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 Can a person "cash in" early on a life insurance policy? |
| My mother has had a life insurance policy for over 30 years now. She had taken out 1000.00 about 3 years ago. NOW she wants to just pull all of it but doesn't know if she can. Does anyone know?... |
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 My friend is cashing my life insurance in can i stop them? |
| Because of my living situation at the time i decided to get life insurance i couldn't put it under my own name so i put it under a friends. i've been paying premiums ever since. now this ... |
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 Should I take COBRA or get individual health insurance? |
| I am 60 yrs old and have high blood pressure. My spouse is 62 and smokes. Under COBRA, we would pay $836 a month for medical and dental. That coverage started in February but I have until May to ... |
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 Insurance for cosmetic surgery? |
| Cosmetic surgery is soooo expensive. I would like to have a ton of stuff done to myself, nothing serious though, but I cannot afford it. I was thinking about getting insurance that covers cosmetic ... |
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 I Am 15Years Old And I Want My National Insurance Number? |
| I Turned 15 about 2-3 weeks ago and i started looking for a job bout 1 week before i turned 15. I had an interview in pret a manger yesterday but i don't think they realized I'm 15 as they ... |
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 Injury while shopping at a large Toys' store - should I retain a lawyer for maximum compensation? |
Hi All,
I injured myself 2 weeks ago while shopping at a large toys store. I walked into a flat cart and bruised my right leg middle shin bone. It still hurts today. The store called me ... |
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 Where can you get health insurance with a low monthly payment in Wisconsin.? |
| I just lost my health insurance and am wondering where I can get health insurnace in wisconsin? I am 22 and healthy. I cannot pay alot per month so that is my main worry.... |
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 HEY!! is it illegal to get ur car or whatever covered by more than one insurance co.? |
| like if i totaled my car and I got full coverage from three different co.,would it be fraud to end up collecting my cars worth x3?... |
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jdirk00 | Do i have to keep paying insurance on a car that i wrecked if the insurance company is paying for the accident |
i got into an accident that was my fault. i wrecked my car and their car. my insurance is paying for their car but since i only had liability they arent paying for mine. my are is a total loss and im just selling it to a wreckage yard. do i have to keep paying insurance to the company if they are still paying for the accident. i mean if the car is no longer in my possesion do i have to in order for them to keep paying for the other peoples car? |
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ernesto_tig
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Is this the only car on the policy? If so and you cancel you may loose any 'accident forgiveness' provision on your policy. Also, if you reapply for another policy, they'll consider your recent accident in the rating factor. You'll also need your insurance for any rentals, borrowed cars w/o insurance or any other driving you may do. If you don't plan on purchasing a replacement car, you can switch your coverage to a non-owners policy. This will keep you legal for any driving you do on uninsured vehicles and is cheaper than a standard policy.
If there are multiple cars on the policy, you should be safe to cancel once a title transfer is complete. |
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mbrcatz
 |
Are you going to cancel the plates on the car, or get another one? Are you going to use a rental or other substitute vehicle? If you are going to cancel the plates and go carless, just tell them to cancel the policy the day AFTER the accident. They should backdate it.
If you're getting another car, keep paying it.
If you let your insurance lapse for 30 days or more, you have to apply for a new policy, and there could be "issues" with having a lapse. Also, if you "let" it cancel rather than cancel it the day after the accident, you're subject to cancellation penalties. Those get waived in most cases, if the car is totalled. |
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slw19090
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FOR YOUR OWN PROTECTION: You should keep Insurance on the car until the Title has been transferred out of your name.
All-in-all this is a full-out waste of money as the chances of something happening are near impossible. BUT, if something bizarre were to happen (somehow the car rolls down a hill and hits parked cars, or something else right out of an insurance commercial) you could be liable. That would leave you holding the bag with no protection from insurance.
The title transfer should take no time at all once the car has been totaled-out, and as soon as you have confirmation in hand the car is no longer in your name you can drop the insurance on it. What you'll end up paying for insurance will only be a couple of bucks.
Even if you do not plan on getting another car, I would try to keep insurance on yourself because it can be very difficult to obtain auto insurance at a good rate if you don't have it. |
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Luke D
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You only need to have been insured on the day the accident happened in terms of having it covered. As far as whether you need to keep insurance, every state has different rules. For instance New York considers you the owner of a car until you turn in the tags. |
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I wipe my own @$$
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nope, not unless you are driving another car. |
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sean1010
 |
No you don't as long as you where cove rd at the time of the accident your good you can cancel your policy at any time it's your right.
Good Luck |
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mamatohaley+1
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Cancel coverage back to the day after the wreck. |
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jayjay
 |
No. Your insurance coverage is as of the date of loss. Cancel your insurance now making sure to request an offset for anything paid for after the insurance company was informed your car was a total loss (if you in fact informed them of this fact). What you do not want to have happen is for the insurance company to cancel you for failure to pay which can be coded differently and could affect future insurance premiums when/if you get another car and insure it. |
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