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How does the insurance company decide whether to total or repair the car is there a formula?
I would like to piggyback on this question with some details of my own. Is there any damage that would automatically total the car? For instance if the frame is bent, but the cost of repairs would be less than the value would they still total the car? Straightening a frame would weaken it and potentially lead to more injuries and greater damage in the future.
What else can I help you with?
Can you change auto insurance if you just was involved in an accident?
You can change your auto insurance at any time. It is up to the company to decide whether or not to accept your claim.
Can the Insurance Company force you to rebuild your house after a fire?
No, an insurance company can not force you to rebuild your house after a fire. They can tell you how much they are willing to offer you for the damage on your home. At that point you can decide whether to rebuild or move.
What criteria does an insurance company consider when determining whether to total a mobile home?
An insurance company considers the cost of repairs compared to the value of the mobile home when determining whether to total it. If the cost of repairs exceeds a certain percentage of the home's value, typically around 70-80, the insurance company may decide to declare it a total loss.
Is trip protection worth it from Priceline?
Trip protection is travel insurance. Whether it is worth buying depends on your situation. It is best to speak with the company providing the insurance to learn what they cover and their policies for how to submit a claim. This will help you decide whether or not it is worth the price.
Does age play a role in the cost of your Yamaha Motorbike Insurance?
Age often plays a role in the cost of any type of insurance, whether it be for your Yamaha or your motor vehicle. It depends on what insurance company you decide to go with and prices will vary between them.
Why do investors need accounting information?
Investors need the accounting information to see that how company is performing to decide whether to invest or not in company.
What is the first step in placing an auto insurance claim?
First contact your car insurance company and tell them the details to the accident. They will help decide whether to fill out a claim or not. Many times you can do it either online or on paper at their office.
What are the insurance rates for commercial boats?
Insurance rates depend on which insurance company you choose to do business with. When you decide which insurance company you want to insure your commercial boat, you fill out a quote for your particular coverage.
How can one get UK health care insurance?
It is only possible to get UK health care in insurance in the UK. Knowing what city a person is in will help decide what company to choose when you pick your insurance company.
How does a company decide whether it should enter international markets or not?
The awareness of the size of industry and potential production will decide whether a business should enter other markets
What is humana insurance and where can you get it?
Humana insurance is a company that sells insurance similarly to other companies such as Allstate or Geico. You should look at their prices and decide if they are the right brand for you.
How does car insurance work after an accident?
The way car insurance works after an accident is that a report must be made to the insurance company. They will review it and then decide what you new insurance cost will be. Answer: Accidents need to be reported to your insurance company as soon as possible whether you or someone else caused the accident. If police were called to the scene then you must obtain a copy of the police report as well to be sent to your insurance company. All of this if you plan to file the insurance claim through your or the other drivers insurance. Some have accidents but the repairs are so minor that they pay out of pocket rather than getting the insurance companies involved.
