This usually means that you are not at fault for causing the accident and your losses will be paid for by the liable driver. You may also be compensated if you were at fault and had comprehensive coverage on your car. Minimum coverage will not cover collision damage if you are at fault ...
Depending on your state and whether you or another driver were at fault in the accident, the damage to your car may be covered either by your insurance policy or the other driver's. If you file an insurance claim, your insurance company (and possibly the other driver's) will assign acla...
Car Insurance Steve Glass is a retired insurance professional with over 34 years of experience in the Property & Casualty insurance industry. Over the course of his career he led teams that handled Homeowners and Commercial property and casualty claims, Auto Medical claims, Auto Bodily Injury ...
In fact, it is a debt incurred through no fault of your own (unless you were at fault for the accident). But sometimes these car loan deficiencies can make a barely manageable situation with high credit card balances, unmanageable. What You Can Do If a car repo (or insurance) deficien...
If your insurance company determines that your car is not worth repairing, it will be declared a total loss, and your insurer may replace the vehicle with an equivalent option or offer a cash settlement. Finally, if you're wonderingwhat to do after an accident, there are steps you can tak...
At the same time, you might disagree with the officer’s conclusions. You can, in fact, argue fault. However, to do so, you’ll need to point out the specifics of where the officer was wrong in the report. So, do you need a car accident report to determine fault? Well, not alway...
If you have liability coverage only and are found at fault, you will not receive any compensation. If you have liability coverage and another driver is found to be at fault, you will have to reach a settlement with that driver's insurance company to get your money. The insurance company ...