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If something is stollen from my car of vaule will comprehensive car insurance pay actual cash vaule?
Wiki User
∙ 15y ago
Comprehensive will not pay the claim at all if it is not something built-in to the vehicle. If it was a personal property item, it would be covered by your Homeowners or Renters insurance policy.
Wiki User
∙ 15y ago
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Does gap insurance with CU-NA mutual covered fire loss on auto?
Gap insurance is not primary insurance coverage. You would have to have comprehensive insurance on the vehicle first. After comprehensive coverage pays the actual cash value of the vehicle if it is a total loss, then GAP would pay any difference in the ACV and the balance of the loan on the vehicle. GAP will not take the place of comprehensive insurance in this case. As a matter of full disclosure, I own and operate a small Independent Insurance Agency and have for the part 22 years. Before that I worked as an agent for a direct writer insurance company.
What is the difference between prepaid insurance and insurance expense?
When payment for insurance is made advance of actual expenses then it is called prepaid insurance which is asset for business until insurance benefit is utilized while insurance expense is actual insurance expense when insurance benefit is taken.
How much do insurance comany pay for pain and suffering?
Insurance company is required to pay for actual damages. This means putting you back to where you were before the accident, not hitting the lottery to get something for nothing. There is no pain and suffering amounts.
Look For Affordable Comprehensive Car Insurance Rates?
When financing a new or used vehicle most lenders will almost certainly require the owner to obtain collision and comprehensive insurance. Any accident involving damage to the car means the lender has lost the security for the loan unless the vehicle is completely repaired. Comprehensive insurance covers damage to a vehicle when the at-fault party cannot be identified or if the damage was caused by a natural act.The Fair Cost Of Comprehensive InsuranceInsurance companies usually have a more standard price range for comprehensive insurance. There are fewer factors to consider because the owner's driving habits are not a part of the cost analysis. What will interest the insurance provider is the location where the car is parked, the climatic data for the region in which the owner lives and the number of break-ins that occur in the vicinity.If the car is parked in an industrial area there is a higher chance of damage caused by a truck. The at-fault driver may not report the accident and therefore the insured has a huge repair bill unless he or she carries comprehensive insurance. In areas where damage from falling objects or wind-driven missiles is frequent, comprehensive insurance will be somewhat more expensive.Reading The Quotes GivenInsurance shoppers can compare numerous quotes online to find the best deal on an insurance package. Initial quotes are given after the shopper enters data on the car's make and model. If collision insurance is required the quote will contain a coverage amount for a certain deductible. The comprehensive coverage offer will be included in this part of the quote. The deductible amount may be the same for both comprehensive and collision coverage, although the actual amount of vehicle damage from an undetermined source is often less severe than damage caused by a traffic accident.Most comprehensive coverage plans are inexpensive but the collision insurance protection can be extremely costly. This is especially true if the vehicle is pricey and the owner is attached to a large auto loan contract. When reviewing auto insurance quotes and comparing rates from various providers, insurance shoppers are advised to look at the collision and comprehensive package offer closely. Some providers add the comprehensive coverage for less than 10 percent above the collision protection cost. The coverage amount may be the same and drivers can save a tremendous amount of money on their monthly premiums.
Does comprehensive auto insurance pay off and replace the vehicle in the event of auto theft?
Comprehensive is the coverage that would pay for the theft of a vehicle. The policy spells out the insurance companies options on payment. On any claim, the insurance company has the option to repair, replace, or pay the actual cash value of the vehicle in the event of any loss. Generally they do not replace a vehicle but pay the actual cash value less your deductible then allow you to purchase a replacement vehicle. As a matter of full disclosure, I own and operate a small Independent Insurance Agency and have for the part 22 years. Before that I worked as an agent for a direct writer insurance company. As for the payoff of the loan on the vehicle, the insurance company will have to issue payment to the bank up to the amount owed on the vehicle. The amount they pay has nothing to do with the balance on the loan. If you owe less than the ACV then the balance will be paid to you. If you owe more than the ACV then you will have to pay the difference to the bank or finance company.
Do you have to have car insurance in California if you have a license but do not own or operate a vehicle?
No. You can only get car insurance if their is actual a vehicle to insure.
If another person is driving your car with consent and swerves to miss a deer but lands in ditch and damages the car who is liable?
typcially the insurance stays with the car....if you have collision coverage (if no actual contact with the deer would be collision rather than comprehensive coverage), your insurance would cover.....in most states if there is no collision coverage on the vehicle, but the driver has a vehicle that has the needed coverage it would then apply.........
Does aetna health insurance pay for tubal reversals?
Check your policy or call them to be sure, but it seems extremely unlikely that they would because it's elective surgery, not something you have an actual medical need for.
Do state farm insurance cover your air conditioner if stolen?
There are many ways to write an insurance policy; you will have to read your actual policy to find out what your insurance covers.
Is Alliance insurance a group of insurance companies or an insurance company?
Alliance insurance group is an actual insurance company. They provide many insrance services including auto, life, and mortgage insurance. They are known for their excellent customer service and commitment.
How can I get swift car insurance?
In order to get Swift car insurance, you have to apply at their site. They have no actual office and no Customer Service Representatives for you speak to. This is one of the reasons they have the cheapest insurance out there.
Would the insurance premium of the car owner increase if he was not the actual driver at the time of an accident?
If a claim is made against his insurance...yes.
