answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Is there a limit on how much one can collect on an unisured motorist policy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What do you when you are passenger in an accident that is injured and you are covered under the uninsured motorist however they say the limit has been met and surgery is most likely the outcome?

once the limit is met there is in effect no more money to be paid on that policy period......some states allow 'stacking'' meaning if the limit is reached on the insurance policy that covers the car...you can then 'stack' the coverage you have on your vehicle (uninvolved car), if you have one....or many other vehicles.....if you are a minor check your parents policys...


What is the time limit a insurance company to pay out a auto fire claim?

I think you have two years to collect if you were cheated, but they have to pay immediately if you file the claim, and your policy covers it.


Is there a time limit for creditors to collect a debt from a deceased in Pennsylvania?

no there is no limit


Where is the limit of insurance company liability for uninsured motorist coverage listed in the policy?

It would be listed on your declaration page which is mailed to you at each renewal period. Listed first would be your Bodily Injury limits and under that would be your uninsured/underinsured liability if you have it.


What is Uninsured Motorist Combined Single Limit?

It's an across the board Limit on that portion of your coverage. Instead of per occurrence and aggregate being different, they are both the same.


What happens if you have a property policy for 500000 and the actual valueof the property is 800000 and a total loss occurs?

You would not be paid more than the limit on the policy you paid for.You would not be paid more than the limit on the policy you paid for.You would not be paid more than the limit on the policy you paid for.You would not be paid more than the limit on the policy you paid for.


Is it wise to turn over uninsured motorist insurance to a child hurt in the same wreck as you or keep it?

I don't understand the question. You have no option to keep or give away coverages. This applies to uninsured motorist as well as any other coverage. Generally UM coverage is split limits and specify a limit per person and a limit per accident for bodily interest and another section that pays for physical damage for the vehicle. The claims adjustor will pay out the claims as they come in up to the limits on the policy.


What is the return policy of Sam?

return policy time limit for sams club


Is there an age limit on your hiring?

Read the Policy


Can you collect from both the driver's policy and your own business policy if property damages exceed her liability limit?

Only up to the limits of the claim. You cannot collect two identical awards from both policies. (e.g.: If the award was for 110 thousand dollars but one policy only covered up to 100 thousand. The second policy would pay the extra 10 thousand that the first policy didn't cover, but you could not collect 110 thousand dollars from BOTH policies for the same incident.) Also - if it turns out you were covered simultaneously under the provisions of both policies, the companies might want to 'subrogate' to see which company would pay what amount.


A policy with aggregate limits will limit only the what?

A policy with aggregate limits will limit only the total amount that an insurance company will pay out for all claims during a specific policy period. It sets a maximum limit for all claims combined, rather than a specific limit for each individual claim. Once the aggregate limit is reached, the policy will no longer provide coverage for any further claims.


When the yellow light on the school zone speed limit sign is flashing you do not have to observe the posted speed limit on the sign?

A motorist is expected not to drive faster than the speed limit on the sign until the school has been passed.