 Water damage and homeowner's insurance questions? |
My upstairs toilet overflowed, running thru my ceiling and onto my kitchen, hardwoods, etc.
Servicemaster has been here and has cut holes everywhere and has fans, etc dryin things out. Adjuster ... |
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 What factors (i.e. speeding tickets, credit rating) will affect your ability to get car insurance? |
| Let's assume you already have car insurance and you are looking for a company with a lower insurance rate? Will a new car insurance company accept you if you have one prior speeding ticket? How ... |
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 I had a horrible experience with the moving company I signed up with should I file a claim with the BBB? |
| The moving men were rude,unprofessional and I feel like I was taken Advantage of because I am a woman.... |
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 Maternity Insurance. HELP!? |
| i'm currently under my parents plan until i get married (in march). we're trying right away to have a baby. however, every insurance company i've talked to won't offer me any ... |
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 My Dad passed away and he got social security? |
| okay my dad past away in august around the 9th and he got social security check for is disabilities and i got some too? well since he passed on they said i get some or all of his check that he use to ... |
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 My Policy no.420071640,issued by Baranagar Branch Kolkata,Original policy losted by branch itself? |
Duplicate Policy not found still today . When I shall get it..?
My Policy no 420071640, and 420071641 issued by Baranagar branch kolkata, I want these two converted in half yearly mode ... |
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 Recently my mother passed away. My father had a small group life insurance policy through his job.? |
He filed a claim and was denied because my mother was on disability. I'm curious , if anyone knows, if they can deny the claim even though her death was not caused by her disability.
A... |
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 Insurance told me they'd cover me, I got the procedure done, now they say they won't? |
| About 3 months ago I went to the dentist for the first time in about 7 years because I had been having horrible jaw pain and figured I had a bad tooth. Turns out, it was my wisdom teeth, which were ... |
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 Lost Digital Camera? |
Hi,
Help, I can't find my camera!! I don't know where I left it or if it was taken from my car. Some friends said I should call my insurance company and see if they will ... |
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 Should she or should she NOT call her Homeowners INSURANCE CLAIMS DEPT? |
Hi, I would like you opinion about a Friend of mine and if you think she should bother calling her Homeowners Insurance company. I will try to keep this short and relevant:
She lives in W... |
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 Is it legal for a doctor's office to bill my insurance company for a missed appointment fee? |
| I had called and left a message on the answering machine of my doctor's office cancelling my appointment awhile back. They charged me a $50.00 missed appointment fee anyway. I just received ... |
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 Looking into LapBand surgery does anyone know insurance coverage for BCBS? |
Additional Details
boy why do people have to be so rude, aren't we supposed to ask questions on here.... |
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 National insurance Number? |
| is it possible to get a job without requiring National insurance Number?... |
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 Would i need to switch health care providers if i'm moving to another state? |
| Before i move i was just wondering if it was necessary for me to switch health care providers if i move to another state. but the thing is, i'm the only one moving to another state, while the ... |
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 What happen if i have life insurance and after 5 years of paying it i got lost in the Amazons? |
| i want to know if i got lost in some place and they never find me, how the insurance company will do, if they will give the beneficiary the money or the company will keep ... |
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| I can't get insurance, what do I do? |
| I am 20 yrs old, I need commercial auto insurance for two trucks. Isuzu NPR-HD's one new, one used. (2007 New, 2001 w/177K) both at 14,500 gvw. the trucks are small and the business idea is ... |
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Shebi | If i have one product insurance with two companies can i claim both? |
I lost a mobile phone. I have insurance from my bank and network provider, so can i claim from both of them? |
 |
 
RAY
|
You can, but you'll still only get the same amount back (i.e what the 'phone is worth).... technically as previous have said they share the claim ...pay half each or whatever, but in reality you're just making work for them and you... they won't thank you for it.
Frankly it's just not worth your aggravation of filling out 2 claims forms to get the same money back... pick one and claim off of that. If there's an excess payable, pick the one with the lowest excess obviously.
If there's no difference in excess, and it's a choice between say 'phone' and 'home contents' insurance... claim off of the one with the lowest premium or the one that comes 'bundled' as part of an overall deal (probably network provider in this example) that way when they put your premium up next year for having made a claim it'll cost you the least... not strictly speaking how you should do things mind you... but I won't tell if you don't.
Don't try and claim twice however tempting it seems, there are shared claims databases everywhere these days so you will get caught and get a knock on the door from the boys in blue. Not worth it. |
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old know all
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Insurance works on indemnity, so you only get paid the value of what you have lost. If two companies are both liable to meet the claim, they pay half each. |
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queenbee572002
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Insurance is designed to put you back to where you were prior to the loss. So... you can only be paid the value of the item and if you decide to put in a claim with both companies, they will only pay 1/2 of the value of the item each. At that point, you will be compensated for the loss of your phone's value; and you are not entitled to receive more than the value of the phone. Be very careful about "double dipping" for you may be referred to the states insurance "fraud" department. |
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David H
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Its called double indemnity, and its illegal. If you try it you have a good chance of being caught. |
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Lee N
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It depends upon the "other insurance" clause in each insurance contract. So long as you don't misrepresent anything, it is not fraud. If you paid a premium for each coverage type, and if they do not ask about other insurance, then it likely is not misrepresentation. If they do ask, and you lie, then it likely is. "Double indemnity" is a life insurance term and not relevant to this type of situation. |
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gavmel259
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Yes you can.
You are paying both these companies a premium. |
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