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Yes,, you are required to be financially responsible for any accidental loss you caused. It does not mmatter if you, or the Insurance Company pays the bill. So long as you take car of the damages you caused.

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Q: Are you allowed to settle a car accident out of the insurance company if the owner of the vehicle has agreed to the compromise?
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Related questions

Is there still a life insurance company named Citizens Home Insurance company?

Citizens Home insurance Company was a family members company as well. We have an assumption certificate that states the Independent Life and Accident Insurance company in Jacksonville, FL effective September 8, 1981. I have googled the Independent life and Accident Insurance and this is what I have found: In 1997 Independent Life and Accident Insurance company merged to American General Life and Accident as well as Home Beneficial Insurance Company and Gulf Life Insurance Company. American General Life and Accident Insurance Company was acquired by AIG in 2001 You can visit their website at www.aig.com Hope this helps.


Who took over independent life and amp accident insurance company?

who took over independent life and accident insurance company


What is the purpose of the accident plan?

It could be an insurance policy taken out with an insurance company in case of an accident.


How do you find an old insurance company named National Life and Accident Insurance Company?

They have been bought out by American General Life & Accident


Do you have to report your insurance company if you had accident and you are not at fault?

No.


What happens if an accident is your fault and you have have insurance?

When this happens, your Insurance company pays for damages. If the accident is your fault, your insurance rates can go up.


How long does it take for the insurance to pay out when in an accident?

Depends on what insurance company it is.


What are car insurance laws in California if someone hits me and they are at fault?

They or their insurance company needs to pay for damage and medical bills in the accident. If they don't have insurance, they can still be sued for the accident by the victims insurance company.


Do you call your insurance company if you caused damage?

It is advisable to call your insurance company immediately in any accident. If you do not, they may think that you are trying to defraud them by hiding the accident.


Where can I find a list of accident insurance companies?

An accident insurance company is basically any insurance company- since thats what they are made for- accidents. Well known insurance companies are Geico, State Farm, and Nationwide.


You were recently in a car accident their insurance company went with a 5050 split you got your insurance company involved and they found the other party 100 at fault what is the next step?

Let your insurance company know everything that you know about the accident and about what the other person's insurance company has proposed, and then let your insurance company handle the rest. If the other person was 100% at fault for the accident, your insurance company has a very powerful incentive to reject the counter-party settlement offer of a 50/50 split. Let your insurance company know everything that you know about the accident and about what the other person's insurance company has proposed, and then let your insurance company handle the rest. If the other person was 100% at fault for the accident, your insurance company has a very powerful incentive to reject the counter-party settlement offer of a 50/50 split.


Is a old national life and accident insurance policy still valid?

National Life and Accident is now the American General Life and Accident Insurance Company American General Life and Accident Insurance Company American General Center - MC 338N Nashville TN 37250 1-800-888-2452