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Questions and Answers RSS FeedsWhat are the lowest liability limits and underinsured/uninsured limits for a person who has a car that financed in Maryland? - The Maryland Insurance Administration notes that the minimum amount of uninsured/underinsured coverage required by Maryland law is: $20,000 for bodily injury per person; $40,000 bodily injury per accident; and $15,000 property damage. The minimum amount of liability cove ...Feed Source: www.carinsurance.com I recently allowed a friend to borrow my car, and they backed into another car. There was no damage to my vehicle but there was damage to the other car. The other driver's insurance company is coming after my insurance company for payment and not my friend who is responsible. I am told I have to pay the deductible. Is is normal to be financially responsible for another person's accident while they are driving your vehicle? - Yes, it is normal that the car owner is held financially responsible for the accidents of those that they allow to driver their car. When you give permission to another person to operate your vehicle you have vicarious liability for actions of that driver and thus if they are ... I was told that, in Minnesota, that when your teenager receives his/her drivers license that it is a law that you have to add them to your car insurance policy. I make my son pay for the additional cost. But my son says that his friends parents do not have to pay extra for their teens driving their cars. In Minnesota, is it required that teens living in the household with a driver's license have to be added to the car insurance policy? - It is not normally a state law that requires that you place your teenager on your policy when they become licensed but usually a requirement of your insurance company that you inform them of the any licensed household members so that they can rate you appropriately for the ris ... I have Property Damage and Physical Damage coverage. Aren't these the same? - No, these two types of the coverage are not identical. In all states, you are required to carry Property Damage Liability coverage , which covers damage you cause to someone else's car or property (the property you hit). There is typically no deductible for this coverage. Ph ... What happens if you need to carry an sr22 and you let the insurance cancel for non payment, but repurchase the insurance and reinstate your license? I have heard that you have to start the three years all over again. - It will depend upon state laws if you will need to start the time period which you must keep future proof of financial responsibility (the SR-22) over again or get to resume where you left off before the cancellation of your first SR22 . It is true that typically it has to be ... Which is the better coverage 100/300 or 300CSL and why? - 300 Combined Single Limit (CSL) is better than 100/300 split limits because you aren't limited to $100,000 of coverage per incident, with CSL you have a single limit up to $300,000. Assuming you are speaking about $300,000 CSL and $100,000/$300,000 split Bodily Injury limits. ... My vehicle was bumped in the rear. A claim has been made and an adjuster has given me a check for X amount. I do not want to take my vehicle to a repair location and have the cost (risking it) be X + Y amount. I want the insurance company take the check back and allow them to find a suitable location for me to take my vehicle for repairs. How do I go about this? Do I have other options? - State laws and insurance companies' guidelines vary on how payment for damages is processed and the check made out. Some insurers pay the repair shop of your choice directly others make the check out to you and the repair shop or just you alone (as long as you do not have a lien ... Is not using a seat belt properly the same fine as not wearing a seat belt? - State laws differ, however typically the violation code for not wearing a seat belt and not wearing a seat belt properly is the same and thus the fine and penalties would be the same. Not wearing a seat belt properly, unless you have a medical reason and thus a medical note t ... I am visiting Louisiana (Baton Rouge) on a B1/B2 visa for a business trip. Am I allowed to use my Indian driving license? - According to the Louisiana Driver's Manual if you are a non-resident and possess a valid license issued by another state or country you are permitted to drive in LA for a period of 90 days. You may want to get an International Driver Permit (IDP) from your home country of Ind ... Do you have to pay for a learner's permit? - It will depend upon your state's laws and fees if you will have to pay to obtain a learner's permit but in most states there is some sort of driver's license or application involved with starting the licensing process (a graduated driver's licensing process in most states) and ... In Maine can a car be register without the owner having a driver's license? - The Maine Bureau of Motor Vehicles (BMV) does not state that a driver's license is needed in order to register or title a vehicle. The steps they mention to register a car include paying an excise tax at your town office. Excise tax is a municipal tax that needs to be paid to ... My friend got a DWAI in New York and they suspended his license. He lives in Connecticut, is his license suspended here too? He has a CDL. - New York and Connecticut are both members of the Drivers License Compact (DLC) so the NYS courts will notify the CT Department of Motor Vehicles of this Driving While Ability Impaired (DWAI) if your friend is convicted. Even if New York did not inform the CT DMV of the offense ... What is the maximum amount of stacked UM available where two cars are covered for 100/300 each? - By selecting stacking for your Uninsured Motorist (UM) coverages means you are able to collect from more than one auto insurance policy to receive full payment for your injuries. Not all states offer stacking. You have the option to choose Uninsured/Underinsured Motorist Bodily ... What is the penalty for driving in the state of Washington with no license? Not a revoked or suspended license. What if you never obtained a license? - Washington State laws assert that no person may drive a motor vehicle upon a highway in this state without first obtaining a valid driver's license. Revised Code of Washington (RCW) 46.20.015 speaks in regards to driving without a license when it is a traffic infraction (co ... My husband and I own a car (in Kentucky) that has not been running for 6 months and is probably beyond repair. Can we drop the insurance on it and if so what are the steps we need to take to insure that we will not be penalized for no insurance? - The Kentucky Transportation Cabinet notes that KY law specifies that 'Motorized' vehicles 'Registered' in the Commonwealth must be covered by Liability insurance. Kentucky requires Liability coverage in the amounts of 25/50/10 . These numbers stand for $25,000 total for bodi ... My truck is was totaled. I just received a bill for the start of the next insurance cycle. Do I still need to pay the insurance since I no longer have a vehicle? - If you no longer have the truck meaning that you have already received settlement for the total loss and signed the truck over to the insurance company that paid out your claim or if there was no insurance to cover the claim so signed the title over to a salvage yard to get ri ... Will a speeding ticket in NC affect my NY license and insurance? - North Carolina and New York are both members of the Drivers License Compact (DLC) and Non-Resident Violator Compact (NRVC). As members of the DLC it means that if you were convicted of the speeding offense in North Carolina that the NC courts would then inform the New York Depa ... Will collision coverage pay to have the entire car painted when being repaired following an accident? - No, typically your Collision coverage (or a third party Property Damage Liability claim) would not pay to have your whole car painted after being repaired due to a covered loss. Normally if your car needs any area painted, that was damaged and repaired, they pay to have that p ... If I drive a company vehicle in the state of Florida, what coverage am I required to carry on my personal auto insurance? I was told that I need to obtain extended non-owned coverage for liability and property damage. If I drive the company vehicle for personal use, what policy would be responsible for comp & collision coverage? - Under a personal insurance policy (PAP), there is normally an exclusion stating that there is no coverage for the use of an auto furnished or available for your regular use that is not owned by you, such as a company car. So when you drive the employer owned auto (for business o ... I moved from Texas to Kentucky. My tags are still valid on my vehicle how long can I live in Ky before I have to change over to a Kentucky license? I have been without insurance for 1 month what is the penalty in KY for no insurance being I have a TX drivers license and tags? - According to the Kentucky Division of Driver Licensing persons moving into Kentucky have 30 days to obtain a Kentucky driver's license. To obtain a Kentucky Driver License you must be a U.S. citizen or permanent resident of this country. You must be at least 16 years of age to ... Copyright © 2009, Digital Profit Tips & Solutions. All Rights Reserved. |