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What else can I help you with?
Why won't the at-fault driver contact their insurance company?
The at-fault driver may not contact their insurance company because they are trying to avoid an increase in their insurance premiums or they may not want to take responsibility for the accident.
What happens when a licensed driver gets into an accident and does not have insurance?
They can be sued by the other driver for damamges (if at fault). If not at fault, they may have a very difficult time getting insurance in the future and when they do, the premiums will be through the roof.
How the probability and statistics is apply in insurance?
They are used to understand how to set insurance premiums. Take, for example, car insurance. The probability of a new driver getting in an accident is higher than an experienced driver. The probability of a male driver getting in an accident is higher than an female driver (in general). The probability of a person who has had many claims filing another claim is higher than someone who has never filed a claim. All these data guide the insurance industry to charge higher premiums to drivers who are new, male or have filed claims in the past.
Does auto insurance for an accident prone driver cost extra?
Yes it does. Insurance companies are in business to make money and if somebody has a proven driving record of being unsafe, the policy will cost more. As he proves to be a safer driver, his premiums will go down.
Can an accident claim be filed with your insurance and the other's driver's insurance for the same accident?
yes yes
Is unlicensed driver in accident able to get insurance?
Driver's licensure is a condition of getting auto insurance.
What are the key differences between drivers insurance and car insurance, and how do they impact coverage and premiums?
Drivers insurance typically refers to insurance coverage that is specific to an individual driver, such as personal injury protection or uninsured motorist coverage. Car insurance, on the other hand, refers to coverage for the vehicle itself, including liability, collision, and comprehensive coverage. The key difference is that drivers insurance focuses on the driver's protection, while car insurance focuses on the vehicle's protection. These differences can impact coverage and premiums by determining which aspects of an accident or incident are covered and how much coverage is provided for each. Premiums may vary based on the level of coverage needed for both the driver and the vehicle.
If your daughter lets a friend drive your car and they have an accident who is responsible?
My boyfriend was driving my car and had an accident. My insurance company paid the damages but his insurance premiums went up. Mine did not increase. The points follow the driver. It has been a few years but I am not sure if it has changed. Your insurance agent should be able to inform you. I didn't want to call them at the time but I did and was assured even though they paid for it, I was not penalized nor were my premiums increased.
What is No-fault Insurance, and can I get it for my entire family with Allstate?
no-fault insurance Provides coverage if you, a family member, or your passengers are injured or killed in a covered accident involving a driver who doesn't have insurance at all or who doesn't have enough insurance to cover the damage they cause you.
Can a 23 year old as a licensed driver be covered on parent's auto insurance policy?
Sure, The policy owner can add any driver to their auto insurance policy, In fact, If you are a regular driver the owner is required to disclose such and list you as a scheduled driver, otherwise the insurance company could deny coverage in the event of an accident involving an unscheduled driver. It does not matter if your related or not.
Can your son save money on his car insurance by adding your name to his insurance even although you have your own insurance?
Every driver your son puts on his policy will increase his premiums. It might reduce his premiums, if he claims that you're the primary driver and he's an incidential driver but that's insurance fraud and could come back to bite him.
Economical auto insurance for accident prone driver?
Accident prone drivers who get into more accidents than the typical person cost the insurance company more money. Thus insurance companies charge higher insurance policy premiums to reflect this increased risk to them. You may also consider taking some safe drivers educational courses as well.
