No, if it is your fault you are not eligible to received diminished value from your insurance company. It has to be a third party claim, ie the party at fault's insurance company pays the damages if you can recover them.
yes,because i might be covered with the third party
Then it's time for a lawsuit.
In the UK, if you are involved in a Road Traffic Accident that is not your fault but you are not insured for third party, the law assumes you are at fault and you may face civil action from the injured party. You may also face criminal charges for driving without insurance.
hope to god the other car has 3rd party insurance. Third Party insurance covers you for damage caused by your car to property owned by a third party in the event of an accident. That means you're covered for any damage you may accidentally cause to someone else's property.
Third Party Insurance is a Liability insurance purchased by the insured (first party) from an insurance company (second party) for protection against possible suits brought by another (third party).
The basic insurance/third-party liability covers third-party persons. But if you have comprehensive car insurance, it not only covers you, third-party persons but also your car.
It depends on the policy wording (what you purchased with the policy). Most governments require all cars to have basic third party insurance to be legally on the road. Third party insurance covers all property and people damaged or injured by the driver of a car if that driver is at fault - the "people injured" will include passengers in the car of the driver at fault. Comprehensive insurance covers all that third party insurance does but also includes the drivers car and the driver, even if the driver is at fault. The insurance companies covering the two cars will work out between them which insurance pays for what. Basically passengers, bystanders and drivers not at fault will get paid out by the insurance of the driver who was at fault. However injured passengers should pursue their claim against both drivers (let the insurance companies courts decide who pays in the end) individually. They need to get their own legal representation - get their own attorney /solicitor. THEY WILL NOT BE "LOOKED AFTER" they HAVE to claim for themselves.
Answer 1: If you are driving with a passenger that does not have auto insurance or medical insurance, they can be covered under either your policy or the third party's policy depending upon the situation. If you are found at fault for the accident, Medical Payments or Personal Injury Protection will pay the a portion of the medical expenses that you and your passengers incur up to the stated limits. If you carry Uninsured Motorist and are hit by someone with no insurance, this coverage will pay for injuries to you and your passengers as well. If you are not at-fault for the accident causing injuries and the other party has insurance, the third party liability insurance coverage will pay for injuries to you and your passengers based on the per person and per accident limits stated on the policy.Answer 2: If the passengers are travelling in your auto and, if you are at fault in an accident, your insurance will cover them. If the other driver is found at fault, his/her liability insurance will cover your passengers.
CTP green slip insurance refers to compulsory third party personal injury insurance. This is required insurance to be bought when registering a car that provides coverage when the person driving the car is at fault in an accident.
Third party liability insurance is useful if you are blamed for having caused an accident and someone wishes to file a claim against you. With third party insurance you are insured for claims up to a predetermined amount.
The third party is the injured party to whom any compensation is paid