Unluckily, ignorance of the fact that you had no insurance is no excuse. You are the driver and it’s your responsibility to be sure you have insurance. You are liable for the harm done to the other car and you will also most likely get a citation for not having insurance. Your car is also your problem. I suppose you could sue your mother but I wouldn’t hold my breath on that one.
Does GAP Insurance cover uninsured vehicles in a wreck?
How can you have GAP insurance on an uninsured car? You have to have a basic policy to add this. actually the terms of my GAP insurance stipulate coverage of a total loss even without primary coverage. that astonished me, but it states “if there is no primary insurance at the time of loss, actual cash value shall mean the retail value of the vehicle…”. this raises some interesting issues about not carrying collision, but as GAP only covers the difference inbetween book value and loan balance under the condition of a total, and in NJ at least, to have a car loan you must carry collision, the point seems rather moot. maybe other states don’t require collision with a car loan [but I doubt it]…in any event, GAP wouldn’t cover anything less than a total loss. A little twist to your question. What is the response to the following question. Does GAP Insurance cover insured vehicles (comprehensive) in a total wreck, when the claim is denied?
If someone borrowed your car and wrecked it and they aren’t on your insurance will your insurance pay for it?
if they stole your vehicle and you filed a theft report, your damages will be covered but the driver possibly will be responsible for other harm caused by your vehicle; don’t permit unlisted people to drive your vehicle- your rates will increase b/c we will risk alert youYes, even if the person stole it or took it without your permission. This is assuming, of course, that you have total coverage (collision and/or comprehensive on your car). Here’s the “but”: But, if your insurance carrier finds out that the person who borrowed your car actually lives with you, or is a resident relative, and you never told you’re carrier that the person has access to your car, it could cause problems. They’d still take care of your damages, most likely, but they might drop you or increase your rates substantially. As for a rate increase, even if you weren’t driving when the loss occurred, you still assumed some risk by loaning out your car. Your carrier will take that into consideration and adjust your rates accordingly. Incidentally, if the person who borrowed your car also has total coverage on his or her own vehicle, your own insurance will still pick up the tab. Insurance goes after the vehicle almost always… If the person driving your car has insurance their insurance company may pay for your car if you only have liabiliy.
If you are driving a friend’s car and are in a wreck whose insurance is responsible?
Under most policies, the car proprietor’s insurance will cover you and the harm done to the vechicle. If the fault was yours, their insurance company may request that your insurance pays for some of the harm, or that you pay for the person’s deductible.
If you loan your car to a friend and they wreck your car is your insurance responsible?
yes. plain and ordinary. you lent the car and then they are a permisable driver. As long as they are not n excluded driver or a resident in your house..
It depends, if your policy is a named driver & the driver is not named, your policy will not react. If your policy is a standard auto policy then yes, your policy will react.
What happens if you have no car insurance and have a wreck but are willing to pay for damages?
Then you are doing the right thing. If you avoided getting a ticket then the accident won’t become part of your record.
Can you get car insurance on a car that is not in your name?
Insurance for Someone Else’s VehicleYes, of course You can Insure the property of another Person. So Long as you have authorization to do so and the proprietor is benefited, or some other insurable interest in that property exists. An example would be a case where dad says ” OK, you can use my spare car but you gotta get your own coverage”. If You have permissive use from the proprietor of a vehicle, then obviously you have an insurable interest. However, Only the Legal proprietor of the Property or the designated agent of the holder can receive compensation for the property in the event of a covered property loss. Whether your insuring for liability only or you buy total property coverage you must list the possessor as an insured on the contract, Then Dad will be proud and glad you were prudent enough to fully insure his and your interest in the vehicle he loaned you. List all drivers for liability purposes and list the holder for property and liability interest. Another example would be almost every time we Rent A Car. When we purchase the daily insurance with the rental car we insure our liabilities in the use of Someone Else’s Vehicle. Yet another Example would be when a vehicle has been recently purchased and you are still in process of transferring the title. Naturally you can insure the vehicle so you can drive it while your working on the title transfer. Almost any Insurance agent can do this for you. You can not insure the property of another when no insurable interest exists. It would be unlawful to insure the property or life of another where the intent is to build up unduly from another persons loss. Nude in mind however that Insuring the car is one thing. Registering the vehicle with your state is another thing and you may have local regulations regarding vehicle registrations as related to auto insurance and the vehicles operation on public roads. Yet another reason to always list the vehicle possessor as an insured on the policy. Insurance laws vary state to state. In MA, no. Contact your agent.
What happens if you’re in a car wreck without car insurance?
If you got into wreck WITHOUT an Insurance. This is going happen to you is going face in court for No Insurance your car. there some State have Stictly law about without no insurance can cause your Insurance go Higher. best is get insurance on your car with fully coverly. that will save your neck from court.
If you want the insurance company to total your wrecked car can you negotiate this?
To Total Or Not To Total?? .
Not truly. Albeit things from vary from one state to another, usually they will repair the car if the harm value is 70% or less of the car’s current book value. I’ve never heard of anyone doing this so I’m not sure if it’s possible, but you COULD call the insurance company and tell them you’re willing to lodge for a check directly to you for less than the harm estimate. The company will most likely agree as ALL insurance companies want to lodge for as little as possible, but state laws may prohibit that because once a car is give a totaled or salvaged title it’s reported to the state. To response the question most of the time if they choose to repair it you have to side with that option most of the time, if you feel otherwise, consult your local auto accident attorney.
How do you get rid of a wrecked car with no insurance?
call local salvaging companies. many will take cars for free. also look into donating the car for local charity groups. Another reaction: The local junk yard paid me $ 25.00 for my chunk of junk and came and picked it ip.
What is gap insurance?
GAP insurance is coverage that covers the difference inbetween the value of the vehicle at the time of the accident and the amount that is owed on the loan at the time of the accident. GAP insurance can be purchased from the finance company or from the persons insurance company. Usually it is much cheaper to get it from the insurance company.
Is Gap Insurance on cars worthwhile?
GAP insurance may well be worthwhile. GAP insurance is extra car insurance, generally obtained from the dealer that sells the car, that covers the difference inbetween what the insurer pays for a total loss of the car and what may be owing on the car loan. Normally, if a car suffers a total loss, the insurer will pay the actual cash value. This is the value of a vehicle of like, kind and quality, with similar mileage, accessories, in similar conditon; the actual cash value is calculated for the same general geographic area as the insured vehicle. Because the amount owing on the loan may be more than what the car is worth, GAP insurance pays the difference. rather than the insured being responsible for paying it to the lender. Naturally, if you paid in utter for the car upon purchase, you do not need GAP coverage. Likewise, once you pay off the car loan, GAP coverage may be canceled.
Someone wrecked into my car and i need their insurance information all i have is the vin how can i get their insurance information?
If you have total coverage, just report it to your insurer and they will investigate it for you..
If not, then you’ll just have to find the possessor. You can do that at your local police department when you make your accident report.
If someone wrecks your car do you need to give their name to the insurance company?
Yes, The insurer is entitled by law and under the terms of your agreed insurance contract to a loss report or description of the loss to determine applicable coverage. Failure to do so can waive your rights to any compensation at all and may result in a plane denial of you claim..
You can’t just file a claim and then effectively tell the company it’s none of their business how the loss occurred. To permit this would result in rampant insurance fraud and higher rates for everyone.
What insurance covers medical bills in an accident where someone not on the cars insurance was driving and wrecked?
The un-insured driver will have to turn to their health insurance company for coverage if he carried no auto insurance.
If you have insurance and are driving somebody else’s car if you have a wreck who’s insurance company do you call?
You would call the insurance company of the person’s car that you are driving. The insurance goes after the car and not the insured.
What if you get in a wreck but have failed to pay the insurance the past month the car is fresh and has gap insurance but the insurance is inactive because of failure to pay?
Your Not covered for anything at all..
If the auto insurance is inactive, then so is the GAP coverage..
“GAP Insurance” is Not “Auto Insurance”, it is Finance Company Insurance. it will only pay the difference after your required Auto Insurance policy has paid it’s maximum thresholds..
If your auto insurance lapsed, then your GAP insurance has also lapsed automatically and concurrently..
The GAP Insurance is Void in the absense of an auto insurance policy..
Your on the hook for all monies owed to all parties involved with your finance note..
What happens if you don’t have car insurance and you got into a wreck?
You end up putting lumps back together on your own pocket. and get car insurance ASAP. And learned a good lesson that car insurance is a must.
Does insurance cover individual property lost in a car wreck?
Depends. If you are at fault, the other insurance company has to cover property loss. Private property loss is most likely an option (not basic coverage) on your policy.
What if your car repossessed with gap insurance?
The gap insurance is part of your auto loan so I am not sure what your question is. Gap insurance covers your car if you total it and the fair market value for your car is below what you owe. If your car gets reposessed, you still owe the lender. Actually, the cost of the gap insurance is flipped into the loan – it’s not part of the loan. If you can find your original paperwork from when you bought your car, find the information on the company that issued the gap insurance policy, and then call them and tell them you no longer own the car, and see if you can get a partial refund on the premium! Can’t hurt to attempt, right? I do vehicle refinances, and our auto loan contract includes the gap insurance (albeit we call it something else) for free, so I have helped several people cancel their gap coverage, albeit we usually do it pretty early in the loan. Same with credit disability insurance, if you have it.
What if You are in a car accident and have no insurance and you hit a car that had total coverage and gap insurance what will happen?
Generally, if you were in CA and I am assuming you are not talking about a fender bender or minor accident, you would lose your license and be required to make a filing to reinstate your license. In order to maintain your license you may be required to file what is called an SR-1P or an SR-22 which is simply proof you have insurance in place. If your insurance expires or you let it lapse, the insurance company will notify DMV and your license will be suspended again. Now you said the car you hit has insurance. This could mean they (the insurance company) will most likely attempt to go after you to recover damages they had to pay on your behalf. You are still responsible!
If your insurance wont pay for your wrecked car what should you do with it?
Pay for it yourself and fix it or sell it to a junkyard, up to you.
What if you are in a car wreck with no insurance and the other driver is at fault?
Doesn’t matter at all. You are required to have insurance and the fact that the other driver may be responsible does not protect you at all.
I wrecked my friends car they didn’t have insurance do i have to pay?
Yes. If you caused harm to somebody’s property you are responsible. The definition of insurance is a transfer of risk. If your friend had insurance on the car then the risk would have been transferred from you to the insurance company, but would still make you at fault.
If you had your granddaughter car insured and she wrecked it is the car covered?
It depends on the type of insurance coverage. If it was Liability insurance only, and she caused the wreck, then it is not covered. If it was Collision coverage, and she caused the wreck, then it would be covered. If she didn’t cause the wreck, I’d check with the insurance company of the person who did cause it.
What happens if you wreck a car that you dont insure?
If the vehicle has insurance it will cover harm to the other vehicle but not the one you are driving. Now if you have insurance on another vehicle your insurance will cover the harm to the vehicle that you where driving even however it is not on your policy.
Your car was totaled no other car involved you had utter coverage insurance and GAP insurance will you be reimbursed for your loss or will it all go to the finance company?
the very first priority of the insurance company is to pay of the loan holder (so the value of your car is determined and out of that) whatever is left over will be sent to you. If the value of the car is less than what you owe you are stuck with the balance as far as gap coverage goes you will have to check with your insurance company they’re all different
How can you get money after a car wreck without insurance?
Who is it that doesn’t have insurance (your, or the ‘other’ person)? If you don’t have insurance and are at fault there is no way you can receive any money for the car. If ther other person involved is missing insurance then you will still be covered if you pay for collision or uninsured motorist.
I had a wreck. Insurance wants to total the car. When I purchased the car I purchased GAP insurance. I packed Bankruptcy Chapter 13. Wondering will the GAP insurance cover balance of after insurance?
Yes, you have taken a clever and wise step. When your car will be totalled by the insurance company, than the balance amount of the loan which you will have to pay will be paid by the gap insurance. This is the purpose of gap insurance..
Gap insurance pays for the difference in the insurance settlement and the loan amount when there is an accident or a misfortunate event that leads to a claim like theft of the vehicle..
The purpose of insurance is to save a person from financial problems.
If you dodge a deer and wreck your car does your insurance cover you?
If you hit the deer, it would fall under your COMPREHENSIVE auto coverage (if you have it). You need deer hair on the car, at the point of influence, for it to be covered under comp. Harshly 25% of all US drivers lack this coverage and the understanding of ALL of the things that it can cover..
If you avoid the deer, and crash, then it would fall under your COLLISION auto coverage (if you have it), and would count as an at fault accident, and your rate/premium could increase..
However, do not listen to those who tell you Not to avoid hitting that deer. Since deer have long gams, they generally “fly” over the rubber hood through the windshield. This can result in serious bodily injury. Sometimes the driver is even paralyzed for life.
Can you get a car insurance if car is not in your name?
Yes you can, but you must make the situation clear to the insurer. Under some circumstances the insurer may reject. Such as if a parent is attempting to insure their child’s car. (See: fronting car insurance)
If you wreck your car and the inspection is out will it still be covered by the insurance?
It is very doubtful that the insurance company will even notice theinspection sticker being out. It should have no influence on yourclaim. The only issue is if the wreck was caused by lack ofmaintenance and if the inspection would have caught this issue.This may prove you knew about the issue and did not correct it. Anormal wreck shouldn’t be impacted by the sticker issue.
What happens if you total your car and have gap insurance?
if your car is worth 10k and u own 20k and your car gets totaled, your car insurance will cover 10k for what your car is worth and cap will cover the rest. you wont get any money but you also wont have anymonthly payments anymore.
Does your insurance cover your car when an uninsured driver is driving and have a wreck?
It indeed depends on the type of coverage you have. Normally if that person had permission to drive the vehicle, you have total coverage/collision insurance, and that person was at fault your insurance will cover damages. If someone else caused the accident, you would still receive damages from their insurance if they were insured. Sometimes however the driver’s insurance would cover your damages under certain circumstances. As always, it is truly best to ask your insurance carrier or refer to your most latest coverage letter from the company.
If your son wrecks your car who gets insurance points you or him?
Your son will get points on his driving record since he had the accident. You will get points added to your risk factor on your insurance policy since your insurance paid the claim. The proprietor of the vehicle will get the increase but removing your son may fix that. Every insurance system is diferent. Best to check with your insurance company.
Gap insurance is from the auto loan or your insurance on the car?
GAP (assured asset protection) auto insurance coverage is one the most necessary, yet least understood insurance products available to vehicle owners. It is generally purchased through the auto dealership or leasing company at the time of the initial purchase or lease. It’s purpose is elementary: If your car is totaled, gap insurance will cover the difference inbetween what your insurance company says your car is worth (actual cash value) and what you still owe on your loan or lease.
Had wreck driving with no insurance my car total but courts says that I have to get non driver insurance what is that?
Status as an insured on an auto policy is generally tied to a specific auto that is insured under the policy. That is, unless you are named on the policy as an authorized user of the vehicle, you will not have coverage. Non-owners coverage is a type of auto insurance that “goes after you”, in that it provides coverage regardless of the car that you are driving, and which presumes that you do not own a vehicle. Since your car was “totalled”, until and unless it is repaired and you get a “rebuilt title” for it, you fall into the category of not possessing that vehicle any longer.
How much will auto insurance be after car wreck?
If it is found to be your fault, then your insurance could go up. If you are found to be at fault, then it shouldn’t.
What happen if a 19yrs wreck a car and has no license or insurance?
You will be cited for not having a license and people would bill you for any harm you caused.
What happens if you wreck someone elses car but you have your own insurance?
Car insurance is just that: insurance for the car. When a contract inbetween the insured and the insurance company is purchased, it is based on the driver and the vehicle. If the driver takes someone else’s vehicle, the insurance is only for the original car. There would be no pay out for someone else’s car. Example: Driver A buys insurance for Vehicle A valued at $Five,000. Driver A uses Vehicle B that is valued at $35,000. The insurance cost is obviously not the same therefore the coverage is not there. In the event of bodily injury, coverage up to the agreed boundaries are there. Recall, health insurance does not cover care and or treatment due to a vehicular accident. I hope this helps clarify the questions.
What is all the car insurance companies names?
AIGAllstateAmerican FamilyAMICAAuto Clubs (AAA) EncompassErieFarm BureauFarmersGEICOHartford/ITT/AARPLiberty MutualMercuryMetropolitanNationwideProgressivePrudentialSafecoState Farm21st CenturyUSAA
Does gap insurance on you car expire?
GAP insurance helps cover the difference if your car is deemed a total loss and is worth less than what you owe on the loan. GAP insurance only runs out when you pay down your loan enough that you have equity in the vehicle.
What is gap insurance for a leased car?
GAP coverage is very necessary especially in a lease situation. GAP coverage comes into play if a vehicle is deemed totaled. What GAP does is to pay for the difference in the actual cash value that is payable under the normal policy and the balance owed to the lease company or finance company of a loan. In the early years of a lease or loan the vehicle value falls quicker that the value of the vehicle. If you total the vehicle within this period you can find yourself without a vehicle but with a sizable amount of money due on a vehicle you cannot drive any more. GAP coverage will pay this difference. The Finance Dept of the auto dealership will attempt to sell you on this GAP insurance. Very first, no matter what they say, it is not mandatory to but it from them. Private Auto insurance companies suggest GAP insurance that does the same thing for about 10% of the premium the dealership charges you for the same coverage. You will also have a right to cancel the coverage whenever you feel the value and loan balance have equaled out. One catch is that you must purchase the GAP coverage from you insurer withing 6 months of purchasing the vehicle. As a matter of utter disclosure, I own and operate a petite Independent Insurance Company in Central Georgia and have for the past 22 years. Prior to that I worked as an agent for a direct writer of insurance for Trio years.
How do you claim auto insurance when you wrecked your car on your property?
It would be an auto claim for the harm to the other and a homeowners claim for the harm to your property. You cannot be liable to yourself, so you cannot claim the property harm on your auto policy.
Can you sue your dad insurance for wrecking his car?
If his insurance wrecks his car, then I am sure that he can. Was his insurance driving toasted or sober?
Does insurance cover a car totaled in a wreck involving a DWI?
If you had collision insurance on the car at the time of the accident that should cover the value of the vehicle. Even if you were tipsy you were still at fault and most likely didn’t crash your car on purpose.
What insurance companies cover harm from a car wreck?
There are many insurance companies which provide coverage on wrecked vehicles. Typically, these vehicles will need to be fully insurance. Liability insurance does not cover a wreck. Geico, Progressive, Allstate, and State Farm all have policies which cover a vehicle in case of a wreck.
How can one acquire GAP insurance for their car?
If you are looking to get gap insurance for your car go onto Esurance. They have lots of deals right to fit you and they wont leave you empty pocketed.
Do insurance companies pay for wrecked cars?
It can be said that insurance companies pay for cars after a wreckas long as you are fully insured. But when a person does get money from the insurance company it doesn’t mean that they are buying it from you. The car will have to be taken to a car junk yard and you can sell it to them.
What does the insurance company do when a car is not total in a wrecked?
If a vehicle is bruised in an auto accident the insurance company that insures the vehicle has the option to repair it, substitute it, or pay the actual cash value of the car. The last one is in the case of a total loss and the company never attempts to substitute a vehicle anymore. In this case it would repair the vehicle and pay for the cost of repair less your deductible which you will be responsible to pay for yourself.
Can you get gap insurance in Georgia after you buy your car?
Sure. You are much better off to get GAP insurance from your insurance company than by buying it from the dealer. If you buy from the dealer you will pay lots of money for the insurance plus you pay for GAP insurance for the life of the loan in advance then pay interest on it as it is financed in your loan. GAP insurance is coverage for the difference in the actual cash value of the vehicle and the amount owed on the vehicle. Reason shows that you will only be upside down in your loan when you very first buy a fresh car because the value decrease prompt the very first year while the loan doesn’t reduce as prompt. You can purchase GAP coverage from your insurance company for a few dollars ($5-10) for a policy period and when the loan balance drops below the value of the car you can drop it. Say the very first two years of a five year loan you owe more than the value tho’ it is very likely less. For two years you may pay $40 for the coverage from an insurance company then drop the coverage. From the dealer you paid $850 plus interest and you can’t cancel it even however it will not pay off anything after the very first two years. To response your question, most insurance companies will let you add GAP coverage for the very first 6 months after you add the car to your policy.