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Will insurance company pay up after a car accident seven months ago?
Wiki User
∙ 12y ago
If you reported the accident at the time, yes, usually.
Wiki User
∙ 12y ago
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How long do you have to report an accident to your insurance in Ontario?
When you are involved in an accident involving injury or property damage, you need to report it to your agent, broker, or insurance company within seven days, regardless of who is at fault. If you are unable to report it within seven days, report it as soon as possible after that. If you don't report your accident within a reasonable amount of time, your insurance company may not have to honour your claim. http://www.fsco.gov.on.ca/english/insurance/auto/after_auto_accident_ENG.pdf
Can an insurance company ask you for reimbursement seven months after a claim is settled?
Not unless they have detected and proven fraud on your part. Otherwise NO, they cannot.
Will insurance company pay for an accident for a non license driver?
The insurance company will make you use your uninsured motorist coverage to pay for a person whose license has been revoked or who does not have insurance when they hit you, and even when it is totally their fault. Just pray the two of you don't have the same insurance company. IF the other person has coverage on their car; but their license is revoked, and you have the same insurance company, my experience is that you will be cheated out of everything that insurance company can cheat you out of. Mine even cheated me out of the car rental I had on my policy, when it was totally the fault of the driver with revoked license--told me I had only seven days of car rental to buy another car; when my policy had 30 days of car rental. This happened in Maryland, where the Insurance ADmin. protects the insurance company before the driver--this is my experience and opinion.
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seven months
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The Months that have excactly thirty-one days?
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How does one predict?
Systematic predictions are based upon historical behavior and trends. For example, if for the past seven days, the hottest time of the day is between 2 and 3 PM, then I can predict that the hottest time of tomorrow will also occur between 2 and 3 PM. . Behavioral predictions are commonly used in insurance and financing companies. Their reasoning is, if you exhibited a behavior in the past, then you are more likely to exhibit that behavior in the future compared to someone who has never exhibited that behavior. For example, if you always pay your credit card bills on time, then when you ask for an increase in your credit limit, you will have a better chance of being qualified for that increase compared to someone who is habitually late in paying their bills, because the credit card company predicts that you will continue to pay your bills on time. Similarly, if you have been in several car accidents that were deemed your fault, your insurance company will charge you higher rates compared to someone who has never been in an accident that was their fault, because the insurance company predicts that you are more likely to be in an another accident in which the insurance company will have to pay out a settlement.
