 Can Home Owner Insurance be used to pay for auto accident? |
guy who t-boned my car says he is going to pay for it using home owners ins., how? his auto ins. lapsed 9 days prior to wreck. help me understand
Additional Details
unfortunately ... |
|
 My 2 yr old son was hit by a car at a acura car dealership, whos fault is this? can i sue for medical cost? |
My 2 yr old son was hit by a car at a acura car dealership, whos fault is this? can i sue for medical cost?
my son and i were looking at cars at a acura dealership as we walked out between 2 ... |
|
 I have a question about workers comp.....? |
| My husband hurt his knee on the job and the company he works for does not have insurance to cover it. We already found out that they are not required by law to have the insurance becuase the company ... |
|
 Can I get more coverage from the Insurance Company? |
I was traveling at 40 m.p.h. at a 45 mile zone,
a vehicle ran a stop sign and I hit him broadside, now their ins.co. wants me to accept $10,000 (since thats the coverage he supposedly had) on ... |
|
 Are health insurance costs deductible? |
| I am divorced and cover my two children on my insurance. Is that cost deductible on my Federal return?... |
|
 What's the best type of life insurance to buy? |
| Is term better than cash value? or vice versa?... |
|
 Why do a lot of health insurance plans through your parents employers cut you off at 25 yrs old? |
| I'm a full time student and turned 25 in September. I guess once September ended I'm no longer covered under my dad's health insurance. I was surprised because I at least thought I had ... |
|
 I have had my Jacket stolen from a pub? |
| It was on New Years Eve and because the pub was very busy all the coat hooks were full. So the bar person offered to put it in the reception area. On leaving the pub my jacket was missing, it seems ... |
|
 We have no life insurance and my husband's health is declining. Is it too late to get a good rate? |
| He is 55, smokes, has had a heart attack, and has diabetes. Please don't tell me how he needs to quit smoking etc... I KNOW THAT. It's his choice NOT to, and I'm trying to figure out ... |
|
 Does a doctor have to pre-authorize prescriptions with the insurance company? |
| My doctor's office refuses to pre-authorize prescriptions with the insurance company. When I go to the pharmacy, the prescriptions then can't be filled. So I end up paying for the ... |
|
 If you get hurt at work are you required to take a drug test to file a claim? |
| This would be in Florida if it makes a difference. A co-worker got hurt and they did not send her for a test. This is about the third time she has been hurt on the job and has filed claims before. I ... |
|
 Why do insurance companies still use the wording "Act of God"? |
| I noticed in my policy they don't cover "Acts of God" (referring to God-provoked events like floods & earthquakes). I'm an atheist... so couldn't I challenge this in ... |
|
 Does health insurance cover orthodontic work? |
| I know it varies by all insurances, but I heard some health insurances cover this, while I thought only dental insurances would cover orthodontic work. Please let me know if this is true, thanks.... |
|
 Uninsured Americans? |
| Why is it that 37 percent of the uninsured live in households making more than $50,000 a year? I make just under $50K, have a stay-at-home wife, 2 kids, mortgage, car payment and pay $800 a month for ... |
|
 What insurance agency has the cheapest rates for full coverage car insurance? |
| I need some cheap full coverage car insurance if you know a company that has cheap rates let me know please!... |
|
|  |
wabisabi5980 | What is an insurance deductable? |
|
 |
 
the_chosen_one
|
It's generally an amount that's not covered by the policy (i.e. the insurance provider will only pay for the element of claims that exceed the amount of the deductible). If you're not sure, call your broker, you need to be sure about these things, otherwise, you could end up in a financial mess. |
|
Rick B
 |
The amount that you must pay out of your pocket for each claim. |
|
jamesmom2
|
the amount of money 'out of pocket' that you have to pay, for example, if you take your car to the body shop to have something fixed, your car insurance company will pay for everything except your deductible |
|
Vinny Pimpin
 |
Its the money you pay when you use whatever the insurance covers I.E. a doctors visit costs me 20 bills thats my deductable. |
|
ellymae3895
|
A deductible is an amount you pay out of pocket before the insurance company starts kicking in their part. For instance, let's say you have a $350 deductible and then it pays 80%. You have a hospital bill for $1200. The first $350 you pay, and then you pay 20% of the balance, making your total out of pocket $520. Once your deductible is met for the year however, you just have to pay the 20% or whatever the amount your insurance doesn't pay. |
|
boo_boo_flower
 |
It depends which deductible you're talking about. For a yearly deductible, it would be the amount you'd pay out of pocket before the company would pay your insurance benefits (whether it's 100%, 80/20, 70/30, etc.) In it's most generic sense, it's out of pocket expenses required BEFORE an insurance carrier pays out your insurance benefits. |
|
MSAD
|
In auto and homeowners insurance - a deductible applies per occurrence. In essence, you agree to pay for the first (say 500) worth of damage if your insurance company will pay for your damage after that.
With health insurance, the deductible usually applies per year. So once you meet your deductible (say 500) then your health insurance policy will after that (according to your policy terms). |
|
Wafflecopter
|
its the amount of money you will pay no matter how expensive the accident is. if you have a 100$deductable and get in a minor accident which ends up costing you 50$, then you pay 50$. If you get in a serious accident which cost you 4000$, you pay 100$ dollars, issurence covers the other 3900$
Basically its to keep people from reporting all the stuff like when the retard in the parking space next to them opens their door to fast. |
|
Aaron J
 |
A deductible is what the insured (you) are required to pay out of pocket, before the insurance company will settle a claim (give you money). The purpose of a deductible is to keep the insured from reporting small losses.
Another words Insurance companies want you to think twice before filing a claim. If you have to pay first there is a chance you wont file the loss. |
|
Christa
|
Deductible
A fixed dollar amount that a consumer must pay for (within a particular time period) before an insurance company will start paying for benefits. The amount a member must pay prior to receiving coverage for out-of-network services. Deductible amounts are applied on a calendar year basis. Deductibles count toward the member's out-of -pocket maximum. A fixed amount of health care dollars of which a person must pay 100% before his or her health benefits begin. Most indemnity plans feature a $200 to $500 deductible, and then pay up to 100% of money spent for covered services above this level. |
|
MA-Geography
 |
The amount you have to pay each year before your insurance pays for your claim. If your deductible is $350. You have to pay $350 before, your insurance will pay. Therefore, if your first claim is for $300. You pay $300. If your second claim is for $200. Your pay $50 and your insurance pays $150. The rest of your claims that year, your insurance will pay the full amount. This is assuming you don't have any co-pays. |
|
Rick D
|
The deductible is what you have to pay before the insurance company will pay. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 38 minutes(s) ago
| | | |
12 | 43 minutes(s) ago
| | | |
12 | 48 minutes(s) ago
| | | |
12 | 55 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
12 | 6 hour(s) ago
| | | |
12 | 11 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
11 | 4 day(s) ago
| | | |
12 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
