Will insurance companies pay for all the damages in a bike accident?
Well, this depends on what type of Insurance policy you have. To understand this better, you need to check it with your Insurance Company regarding the type of Insurance Policy you have purchased. There are two types of Policies;Third Party Insurance PolicyComprehensive Insurance PolicyThird Party Insurance Policy: Covers the damages to another individual, their vehicle or property due to accidents caused by you. Comprehensive Insurance Policy: It offers third-party liability coverage as well as ‘own damage’ and ‘personal accident’ covers. This means it covers you, your two-wheeler and third-parties from all possible damage due to fire, theft, accident, sabotage, and natural calamities. The Coverage scope widens if you have opted for additional covers. These additional covers are known as Add On. Like for example Zero Depreciation Add On Cover, generally people club their Comprehensive Policy with Zero Depreciation Cover as the value of your bike and its parts reduces overt time due to wear and tear, due to which the insurance company pays a reduced amount because of this ‘depreciation’ and then usually, you pay the remaining amount from your pocket. This add-on cover pays or compensates you for the entire repair bill regardless of the depreciation. It also covers repair/replacement costs of rubber, nylon, plastic and fibre components of your two-wheeler. There are few more Add On Covers such as Engine Protection Cover, Consumables Cover, Return to Invoice/ Invoice Protection, Passenger Cover, Accessories Cover.Also there are certain liabilities which your insurance policy may not cover.Here are the common two-wheeler insurance exclusion;Damages caused outside the geographical boundaries of the countryNormal wear and tear and general ageingDamages caused if you do not have a valid licenseMechanical or electrical breakdownDamages caused while riding under the influence of alcohol or drugsTire or tube punctures (You get 50% of the cost of repair/replacement if your two-wheeler is damaged at the same time)Damages caused while using the bike for illegal activities
Car Accident insurance fault?
As your friend did not see the accident, he did not witness it. The police seem to have this as a he said, she said situation. It could go 50/50 or both your co and his could deny liability as you each claim the other is at fault. Make the claim with the other drivers ins co and see what happens-- you may have to file a small claims suit to recover the damages to your vehicle.
Minor car accident, other driver has no insurance?
I was hit from behind at a red light, waiting to make a right on red. There was no damage to their car, minor damage to mine.. scuffs, scratches, two small cracks, and my license plate frame is broken. Police were not called since it was so minor. They gave me their insurance info, I have their names, numbers, and address, make and model of the car. I called their insurance company to file a claim and they havent had insurance for a couple years. The adjuster at that company got ahold of the owner of the car, they currently have no insurance. What do I do next? I called my police dept, they said i can come up and fill out a report. Or do i try and work with these people and have them pay out of pocket like they said they would. Or do I just forget about it. Im just a little confused on what i should do since the damage is very minor, but the fact is that they gave me false insurance info and they hit me! What would you do? If I get in an accident again i will be calling the police!
I have no car insurance and the accident was my fault. What happens if I can't or won’t pay for the damages?
If you were uninsured you have several options:You can pay the other party or his insurance company if they paid for the repairs. You may be able to negotiate a compromise based upon comparative negligence factors or impecunity. It doesn’t hurt to try to settle for less than the demanded amount. Trust me, they would rather get some money now than wait for an installment agreement to be fulfilled. Payment will allow you to retain your Operator’s License and vehicle registration.You can enter an installment agreement to repay the damage month by month. Again, you may be able to negotiate a compromise. Do not promise to pay more per month than you can afford. Defaulting would have negative consequences. An installment agreement will allow you to keep your Operator’s License and vehicle registration.You can ignore the demands for payment. Sooner or later the nice sheriff will drop by your house to invalidate your Operator’s License and confiscate your vehicle license plates. Depending on the state, you will not be able to regain your license or registration privileges for a number of years.You can post a bond with the state’s Safety Responsibility Unit, usually equal to the cost of repairs. If you do that and lose a lawsuit, the state will turn the funds over to the plaintiff. If you win, they’ll return the deposit to you. A bond will protect your license and registration.You may get sued and have a judgment awarded against you. If you had not posted a bond and could not pay the judgment, it would affect your credit rating for years to come. You would also lose your Operator’s License and registration privileges.I recommend you choose the installment agreement if you do not have funds to pay the full amount at once. Do this swiftly so that you don’t get a visit from the sheriff to either serve you with suit papers or confiscate your license and plates.
Car accident settlement?
My lawyer called me yesterday and said that these are the LATEST numbers. He suggested in this area a jury wouldn't give me more and said he was shooting for $13,500. I'm not looking to get rich from this I just want my daughter to be REASONABLY compensated for her pain and suffering. Since lawyer was unaware of counseling, we have decided to hold off until she is 100% recovered which could be another 6 months. My husband did not lose any work from this accident but I took 1 1/2 vacation days because their insurance co. took forever to claim liability which stalled the rental car and my daughter had to see a specialist because the ER did not see the fracture in her collar bone and then insurance co. took a month to compensate me on my car loss. The medical coverage was due to me having it on my insurance policy --so far no medical other than copays for therapy have come out of my pocket. I have been told since I wasn't in the vehicle that my loss means nothing even though this was
We were in a auto accident the other persons insurance is allstate they say we are 15% liable?
Obviously you are in a comparative negligence state, and they can apply a % of negligence to you if the evidence supports that the negligent act contributed. If they have proof that you failed to do something, and that failure to do it contributed to the accident, then they are within their right to handle it this way. I will say this- 15% seems a bit high if you had the right of way and were proceeding with a green light. You can negotiate this, you don't have to accept it. You can appeal to the supervisor, and you can complain higher than that. Did you admit to being out of control, failing to take evasive action, etc? If not, then they are grasping. I would check into the laws of your state to determine if there is an unfair claims practice act. If there is, some of them say it is an unfair claims practice to apply negligence to someone to reduce the payment when there is no evidence of negligence. I can't guarantee your success with them because first of all, comparative negligence is the law of that state, they are within their right to apply it if the evidence supports them, and secondly, they may not be willing to change their mind even if you do all of the above. Claims differ in all states and by companies, and each case is different. Your other option is an Insurance Dept. Complaint or filing with your own carrier or filing suit.