If I’m driving a loaner car from a dealership and am involved in an accident, whose insurance pays?
Situationally the answer could vary. But, in most instances the dealer’s insurance will be primary & handle the claim(s). The liability caused by your mistake, the damage repair to the loaner car & the repairs to the property you damaged. In most instances your own insurance would serve as added coverage above & beyond the limits of the dealership insurance coverage to be used if the dealer coverage limits are exceeded in the claim settlements.As an aside, I do not ever recall any such instance in my career or in my personal life where the coverage from the dealer (or from a car rental company, either) was not sufficient to handle the entire of claims arising from such a loaner/car rental accident.
Do I need car insurance to test drive a car? If the dealer does hold insurance, are there any requirements on the deductible? In other words, how much would I be liable for if there was an accident, before the insurance kicks in?
Yes, dealers hold "garage policies" that cover test drive liability (as well as many other forms of liability). Specific dealer to dealer insurance requirements of shoppers for test drives depend on the insurance policy of the dealership, which is affected by the state in which the dealership is operating, and may be affected by the manufacturer. Generally, dealership insurance policies are set up so that your insurance is primary, and the dealer's insurance is secondary. In other words, if you get into an accident that's your fault, you're on the hook, and if your policy gets maxed out, the dealer is usually on the hook regardless of what their release of claims states. However, there's one common exception that comes into play if you don't have insurance.Many dealerships (particularly dealerships that sell non luxury brands) are set up to supplement uninsured motorists for non negligent damages up to state minimum requirements. For example, you're an uninsured motorist, you get into an accident during a test drive that is your fault, there's no negligence involved, you cause $10,000 in damage to the car, and the state minimum in damage coverage per incident is $25,000. In this scenario, many dealers have policies that would cover the cost of repair.
If I crash a car on a test drive and have to pay for it do I get to keep the car?
a few months ago I crashed a car on a test drive (not my fault I hit a pach of ice and slid into a guard rail) hte dealers insurance promply payed the dealership and then came after my insurance witch would not cover the acsident. now thier insurance company is commming after me. they want 4800 for loss of the vehical. my question is if I have to pay for it do I get to keep it? because its worth 1000s in scrap and I bet the dealer already scraped it (double dipping) I could use that oney to help pay for it and being unemployed that will really save my butt (I was gainfully employed when I test drove the car so don't ask why I was test driving a car while unemployed)
GEICO cancelled my i collision coverage in one week , now denying to pay for accident happend on 11th day?
I bough my certified 2006 Mercedes from Mercedes Benz dealership on May 24th 2007. I insured my car with Geico for 6 months and paid in full on the same day for 6 months.. I got into a car accident on June 3rd, 2007 (on 11th day). Geico has denied my collision claim and has informed me that my physical damage coverage has expired on June 1st (in just one week) since I have not done a vehicle photo inspection on the car. When I signed up for my auto insurance policy by, the customer rep informed me that I need to complete the vehicle photo inspection within 2 weeks time (ends on June 6, 2007) and did not mention anything about my physical damage policy expiring if I did not complete the vehicle inspection. I have not received any documentation from Geico stating that my physical damage coverage has expired, I just checked my policy on Gecio’s website as of June 9th , and it shows my collision coverage is still active. Please advice what else i can do to win this.
Car Crash and Insurance Company. What to do?
I second Luna and Cowboy. They pretty well summed it up. No insurance uses Kelly Blue Book. The industry standard is the NADA (National Automobile Dealers Association) book. Their web site: www.nadaguides.com In general, Kelly Blue Book values are inflated. If you read the fine print - the KBB says the value is the suggested asking price - not what the vehicle will actually sell for- it's value is a starting point for negotiations and includes the cost of advertising, warranty, sales commission. As far as your car goes.....did you buy gap coverage when you purchased the vehicle? If so, you may not end up owing anything at all. State Law mandates when a vehicle is a total loss. The insurance company is just following the law. With an initial estimate of 11,000 - there will be a supplement for additional damage once that car is torn down. You can chose to purchase the salvaged value back from the insurance company. It will cost you about 25-30% of the vehicles value and you will get a salvage title, the car and 70-75% of what you would get paid if you let the insurance company have the car. At that point, if you want to fix it or use it as a lawn ornament is your choice. The insurance company will NOT pay more than the 70-75% so if the car repairs exceed what they paid you - you have to pay that out of pocket. Once the car is repaired - your title will have a rebuilt salvage brand - so when you go to sell/trade the car - the person will see that the car is a rebuilt salvage vehicle. And a car hit that hard -- your looking at 30 days to repair - minimum. And the insurance company will not pay for a rental car. Your best bet is to just let the car go.
I was driving a loaner vehicle (belongs to the dealer) and got into an accident where I was at fault. Can dealer's insurance be involved?
Let me see if I have this right.You signed an agreement in which you assumed liability for damage to the loaner car, right? Right.You had an accident which damaged the loaner car, right? Right.And you were at fault in the accident, right? Right.And now, you want someone else to pay for the damage for which you had already assumed liability, Right?Wrong.The dealer’s insurance, which will pay, if you don’t, will simply turn around and sue you. No escape, there. The dealer isn’t going to file the claim on his own policy, because he wants to remain as claims free as he can. Same as you, same as everyone.The dealer is liable for nothing. THAT was why they had YOU assume liability.If this little gem fell into MY hands, as the dealer’s attorney, I’d not only sue you for the damage to the car, but for breach of contract and bad faith.Your choice:Pay the dealer, as agreed.Pay the insurance company, if they have paid the dealer because you didn’tGo to court, and argue that the dealer should have checked to see is you had collision insurance. Then pay for the damage and cost of going to court.If I had a nickel for every Quora question asking how to escape responsibility or get something for nothing, I’d be a very wealthy person.Get your checkbook out; you’re going to need it.
Car accident claim without using insurance.?
As a former auto adjuster, I suggest you get a check for the estimate of your repairs from the parents up front, since if you do not, when the repairs are done, the shop will look to you for the money, since it is your truck. They will not collect from the parents and you will sign an agreement to be held responsible. NO insurance company would pay you for your time of getting estimates and is not owed to you, either the insurance company will have an appraiser write an estimate or the person goes to a shop for an estimate, but you are not owed that money. As for the rental, that is high. Granted you use your vehicle in your work so you need something to drive so you can continue to work, but I suggest you call Enterprise and tell them you will need a truck while your truck is in the shop. The rates you are getting online are probably higher than if you let the rental place know that this will be a substitute vehicle while your truck is in the shop. Most insurance companies use Enterprise and they give lower rates for vehicles being repaired. A truck/suv should only run you about $40 to $60 per day, so the $700 figure is way out of line. If you are adding insurance on the rental, they would not owe that, nor would an insurance company pay for any insurance on a rental, so if you added that amount with your $700, that is too much. Ask the shop if he "suspects" addtl damages. Most shops will know based on the impact and damages if there are hidden damages they cannot see till the truck is broken down. But they only owe for your real damages, rental and nothing more. And you are taking a chance that in the end they will question your estimate, rental and not pay all of it and you could be out of pocket. good luck
My leased car was just hit from behind. I plan to return the car to dealer after lease runs out. Would I be able to do it? What's your advice?
I’ll freely admit, I haven’t bothered to check the previous responses, so this might well fall under the category of “closed”, but I’m bored, can’t download Second Life on my Chromebook, and noticed I had questions waiting for me in Quora. You, dear question asker, are simply an outlet for my frustration and boredom. Having said that…If your leased vehicle gets whacked before the end of your lease, file it on your insurance, get the other guy to pay for the repairs (as often the person doing the rear ending is responsible for repairs), report it to the lease holder, and cross your fingers for the best. It will almost certainly have lost value and the lease may end up in bad shape, but that should factor in when the insurance company is writing their checks.