As long as the other company accepts liability you don't have to notify your insurance company. Also as long as no one in your vehicle was injured you shouldn't have any problem. If you do have trouble your carrier or agent can assist you with the claim. If anyone was injured in your vehicle and depending on state law your insurance company may have to pay "med pay" claims. Med Pay is a form of coverage that usually has smaller limits and is designed to pay medical expenses no matter who is At Fault and it pays for you and your passengers up to the limit on your policy. If there were no injuries there should be no problem.
You can be sued, and your insurance company can deny the claim.
They'll have an accident that is their fault, the insurance company will refuse to pay, the driver of the vehicle and the owner will be sued for everything they own and then some. Or they will be in an accident that is not their fault but the person who owns the vehicle will have their insurance cancelled and will have to pay a fortune for future coverage.
Your old insurance company will be liable. You should be calling and talking to your claims department
YES. As owner of that vehicle you can be sued for things that happen in it. Most insurance companies cover people you loan your car to as "permissive users" but check with your company.
Your mom could loose everything by being sued by the other drivers insurance company. Because you are unlicensed and took the car without permission her insurance company will not cover the accident and you are likely to get a ticket.
An Insurance company cant commit suicide. So, I am not sure what you are trying to ask here. If you are asking about, what would happen if the insurance policy holder commits suicide? In that case too, nothing will happen. The insurance company will not pay any money to the deceased persons family. Insurance claims can be made only if death occurs by accident or natural causes. Not suicide.
Drinking and driving is illegal everywhere. No insurance company can provide a policy for illegal activities. Drinking and driving is dangerous, not to mention that if a car accident were to happen, insurance would not cover it.
They will probably try to deny coverage on your claim. Did you inform them that your license was suspended? Probably not, I imagine.
The most important insurance that a small business can have is public liability insurance as accidents can happen and this is the most common accident that will happen that will result in a pay out.
you would have to pay for everything out of pocket
You have a problem. That is called a lie and any number of things can happen. If you are taken to court you can loose your case over the lie. The insurance company can drop you and depending on where you are the police could fine you.
First the suit will not be filed against the insurance company but against you as the homeowner. Your insurance company will come in and protect you from the suit. This is covered under your liability section of the insurance policy. Your coverage includes legal fees in addition to the amount of coverage on your liability section.