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What else can I help you with?
What if your fully insured car was wrecked by an unlicensed driver Will your insurance cover your loss?
yes it will
Can you drive your dad's fully comprehensive insured car with his permission?
It depends how old are you and whether or not you are an insured driver under the terms of the terms of your Dad's insurance policy. Your Dad's insurance agent can tell you if you are insured to drive the vehicle.
Can a fully insured driver drive an uninsured car?
It will depend on the driver's car insurance company. In case that driver gets into a car accident, it would be presumed his car insurance will step in to settle the damages.
What are the key differences between being self-insured versus fully insured?
The key difference between being self-insured and fully insured is that with self-insurance, the company takes on the financial risk of providing insurance coverage for its employees, while with fully insured plans, the company pays a premium to an insurance company who then assumes the financial risk.
What is the difference between a company that is fully insured and one that is self insured?
A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.
In New Zealand if an uninsured drivers car is hit by an insured drivercar will the insured drivers insurance still pay for the damages to the uninsured car?
In most cases if you are fully insured then your insurance will pay for the uninsured driver's car. However if it is only a third party insurance then most likely you have no cover if it is your fault. However it depends on the insurance company and the policy that you signed.
Can you drive a fully insured car without having your own insurance policy?
It depends on your insurance. Most insurance companies will cover all drivers even if you are not the insured driver because they have what is called permissive user. Remember typically your insurance follows you wherever you go. You may want to ask the person you are borrowing the vehicle from and see if they have all drivers coverage. If not, then you need to be a listed driver on the policy before you can drive the vehicle even if it is "fully insured". Companies like Geico, Nationwide, and Allstate typically cover all drivers....hope this helps.
What is the recommended car insurance for a teen driver in Florida?
The state of Florida requires drivers to be insured for $100,000 liability and $10,000 medical which will not fully protect the car. Insurance rates depend on the car and the age and record of the driver, and they are considerably higher for teenagers.
What happens if a fully insured driver admits fault for hitting a parked vehicle but the other driver involved in the accident had no license insurance or registration?
If the other vehicle was parked, there was no other driver to have license, insurance or registration. The driver who hit the parked vehicle is at fault and is liable for all damages to the parked vehicle.
What is the difference between fully insured and self insured health insurance plans?
The main difference between fully insured and self-insured health insurance plans is in how the financial risk is managed. In a fully insured plan, the employer pays a premium to an insurance company, which then assumes the financial risk for providing healthcare coverage. In a self-insured plan, the employer takes on the financial risk and pays for employees' healthcare costs directly, often with the help of a third-party administrator.
What are the differences between self-funded insurance and fully insured insurance?
Self-funded insurance is when an employer pays for employees' healthcare costs directly, while fully insured insurance is when the employer pays a premium to an insurance company, which then covers the employees' healthcare costs. Self-funded insurance gives the employer more control and flexibility but also more financial risk, while fully insured insurance offers more predictability but less control over the plan.
What are the key differences between self-funded insurance and fully insured insurance?
Self-funded insurance is when an employer directly pays for employees' healthcare costs, assuming the financial risk. Fully insured insurance is when an employer pays a premium to an insurance company, which then assumes the financial risk for employees' healthcare costs.
