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When will your insurance company pay for your collision claim?
If your Motor Car policy covers First Party and your car gets damaged by a collision, the insurance co. will pay for that. Whereas when there is Third Party coverage in your policy and a third party's car gets damaged by your car, the third party's claim will be borne by the insurance co.
What is a type of auto insurance that covers damages to the car resulting from collision with another car or object?
It's called Collision coverage and is usually purchased along with Comprehensive coverage when you buy your auto insurance. If you purchased the collision coverage option when you bought your auto insurance policy it will be covered.AnswerThird party car insurance.
Will my car insurance cover a rental car if i sell my car?
Insurance covers the car identified in the insurance policy. You could ask if they could transfer your insurance policy to the rental car. it depends... is that the only car on the policy? if so, then no once u have no more vehicles.. you can no longer have car insurance. you no longer have an insurable interest in the vehicle. But if you have car insurance on a vehicle and you have the right coverage (OPCF 27) then your auto insurance will cover the insurance portion of your rental, assuming u have collision and comprehensive on that policy.
What type of insurance is needed if you hit another car?
Basic liability insurance. This covers the person you hit. Comprehensive and collision covers your car.
Will car insurance cover if you damage your own car?
If you intentionally do the damage then it is excluded and the policy will provide no coverage. <><><> To expand upon above answer, it depends on your insurance coverage. As said, deliberate damage is not covered. LIABILITY insurance covers damage you do to someone else or their property. COLLISION insurance covers damage you may do to your own car (by accident)
Is a car insurance policy cheaper if you don't add collision?
Yes, absolutely it is more expensive! Collision is the more expensive part of any auto insurance policy.
If you give a family member who has their own insurance policy permission to drive your car and they get into an accident which policy covers the accident?
the policy that covers the car that is being driven.
What does collision mean in economics?
The term collision in insurance covers the cost of damage to a car that is the fault of the insured. Collision insurance does not cover any damage caused from vandalism or theft.
What part of your insurance covers someone running into a fence?
The person's collision insurance should cover the damage to their car, and their liability insurance should cover the damage to the fence and property. If they have no collision insurance, they will have to fix their car on their own.
What describes collision coverage automobile insurance?
It covers the damage done to your car in an accident.
What type of insurance covers the other driver's car in a collision?
That would be liability coverage.
If you are driving your roommates car and damage it in your driveway whose insurance covers it?
Insurance follows the car. Your roommates insurance will cover the damage providing that he has "collision" coverage.
