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Can you be paid by your insurance and the insurance of the person who hit you?
Wiki User
∙ 12y ago
You can collect medical payments under your insurance policy and bodily injury payments under the other person's insurance, but you can't collect for property damage under both.
The reason for the property damage limitation is that when an insurer pays your property damage claim, it obtains "subrogation rights". Provided by the policy and under equity, these place the insurer "in your shoes" and allows it to collect from the other party that which it paid. The amount it can recoup would be reduced by the degree you contributed to the collision if you live in a "comparative negligence" state.
As far as medical payments are concerned, fault is not an issue, so you can collect under your own PIP coverage.
If you are seriously hurt and exceed the minimum threshold for seeking bodily injury damages from the other party (usually defined as having sustained a permanent injury, or sometimes, medical expenses exceeding a stated amount), you can file suit against the At Fault party. If that person has liability insurer, it will defend and, if found liable, indemnify the insured by paying your damages. If the other party had no bodily injury liability insurance and you had uninsured motorist coverage, you can make a claim for your injuries under it. The assessment of the "value" of your injury will be essentially the same either way.
If your insured pays uninsured motorist benefits, it gets subrogation rights to recover its payment from the at fault party in the same way as discussed re: property damage. It is very important that you do nothing to hinder the exercise of those subrogation rights. This would include signing a release in favor of the at fault party. Also, you will have to cooperate with your insured in the pursuit of its subrogation rights, including in ensuing court proceedings.
Wiki User
∙ 12y ago
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If person you hit in car accident has already been paid by their auto insurance co. can the insurance co sue you?
They can
Who pays insurance cost when the person you hit isn't the owner of the vehicle?
The costs or premiums could be paid by anyone.
What happpens if you can not find the person that hit you in a rented car?
I would think that you would have to repair the car either through your insurance company or through the insurance you paid for when renting the car.
Is insurance cash value paid to insured taxable?
are paid up insurance proceeds paid to the living person insured taxable
If the person driving have no driver license. will the insurance pay for it?
If what person is driving the person that was hit or the person that hit?
My car was hit while being parked do i have to have insurance for it to be fixed Or does the person that hit my car insurance pay for the damages?
The other person pays.
Had insurance when your car was hit by a hit an run driver after the wreck lost your insurance will you still get paid?
Yes. As long as you were insured when the accident happened they will pay the claim.
What exactly is a life insurance company?
A live insurance company is a company that holds a "life insurance" policy on a person. The policy is taken out by a person and fees are paid. And, if for some reason the person's life ends, the policy is paid out to the beneficiaries as long as the death was not done on purpose.
The holder of the insurance policy is called the?
The holder is the owner, In the case of Life Insurance , the person paid is the beneficiary .
What happens if you are hit from behind in a no fault state?
Typically the person who hit you pays. If they don't have insurance, your no fault insurance will pay for it.
What if you are hit in a car accident and the person who hit you has no insurance?
Simply, call the police!
What is meant by paid to estate on insurance claims?
The amount due was paid to the legal representative of the estate of the person who died.
