Financed vehicle for my child, can my child take the car with them out of state? Insurance |
- Financed vehicle for my child, can my child take the car with them out of state?
- Question regarding two LLC's on same policy, same ownership
- Renters burned part of house in California
- With the inevitability of self driving cars, which department is the least likely to be affected by layoffs?
- Homeowners claim—adjuster won’t respond to supplement, work stalled w/ unlivable house, what do I do?
- Setting up vehicle insurance - duty to report?
- Should I contact the driver of my fender bender through her email in Linkedin?
- pls help
- 2014 Dodge Caravan
- Seeking advice for a pretty bad car accident a few days ago (not at fault)
- EMERGENCY I hit a parked car in a uhaul
- How to proceed with car repairs??
- Best designations for a commercial underwriter to pursue after CPCU, AU, and ARM?
- What certifications and licenses would you suggest getting as a new auto adjuster?
- Why was I denied covered California?
- Time Limit to File a Claim?
- 300/300 limit vs 300 Combined single limit
- Cobra Question
- Insurance companies on low-coverage personal injury
- Update Homeowner's Policy to Reflect Recent Market Value/Lumber Price Increase?
- Claim Open/Close Process Concerns
- Will my car insurance premium go up if I file a claim after backing into a wall?
- Visited friend, they hit my parked car and offered to cover the repair with their insurance. Question about claims.
- Irish car insurance - is this now valid to drive in the UK?
| Financed vehicle for my child, can my child take the car with them out of state? Posted: 01 Jun 2021 09:14 PM PDT I bought a new car for my child, it's in my name and it is currently financed. The car is insured under my name. My kid currently lives with me and she is listed on my policy as a driver, as of right now its 100% fine if she drives it as her main vehicle because she lives with me and is listed on our policy. The vehicle is my kids, I basically just financed it for her, and she makes payments on it, it's just technically in my name until it's paid off, then I will transfer the title to her. My question is; if she moves out and moves to another state, will she no longer be able to drive the vehicle or take it with her? Most states require you to register the vehicle if you live there after 60 days. I assume she cannot get insurance for it because it's financed and in my name, not hers. Is it possible to allow her to take the vehicle and just keep out-of-state plates on it, or will it have to be paid off and transferred to her before she can move? I assume some insurance companies must deal with this when kids go off to school, but she's not going to college so it's kinda a gray area. Is it possible to extend my insurance to have coverage where the vehicle is primarily driven even though my address would be different? Thanks for any help, I searched but couldn't find much on this. The child is an adult (18+), and the car is registered and financed/insured in MI. Will be moving to FL. [link] [comments]  |
| Question regarding two LLC's on same policy, same ownership Posted: 01 Jun 2021 06:51 PM PDT Ryan owns two LLC's, one for his building and one for his landscaping business. The landscaping business rents the building from the first LLC. As of right now the building and landscaping operation are insured on the same package policy with just his landscaping LLC. Doesn't both the name of the second LLC and a lessors risk classification need to be added to the policy? I know the best answer is to have each LLC on its own policy so they don't share limits, but he is looking to keep them together on one policy. [link] [comments]  |
| Renters burned part of house in California Posted: 01 Jun 2021 01:42 PM PDT Hey guys and gals, so my parents have a rental house in California that the renters burned down the kitchen and any help/advice would be much appreciated. The renters changed their story on what happened a couple of times but it sounds like they were frying some food and left the room for some time and a fire started. The fire department had to come put out the fire. The insurance company is doing a source of origin investigation and said they would not pay for damage if they found out the renter was at fault. Can they do this? My parents have the standard home owners insurance and an umbrella policy. Are there insurance policies that homeowners should purchase for rental properties? The renters did not have renters insurance so the insurance company told my parents that by state law they're responsible for providing housing (i.e. hotels) for the renters while the house is repaired. My parents have gotten 1 quote so far and it looks like the repair and the cost of the hotel for the renters is going to be over $100k. Also would my parents be able to evict the renters over this? The renters have only been paying half the rent since the pandemic started and there have been some protections for renters getting evicted during the pandemic. Any help would be appreciated. Thanks. My parents are revising the rental contract to require that renters buy renters insurance. Should they include anything else in the contract to protect themselves? [link] [comments]  |
| Posted: 02 Jun 2021 04:23 AM PDT Sooner or later self driving cars will be the norm, accidents will decrease, premiums will go way down. And a lot of layoffs will ensue. Which department of insurance is worth getting into for the long haul? Like will underwriting be affected? Or residential property worth getting into? I am just curious because I know auto insurance just won't be worth it for me if all these changes happen. [link] [comments]  |
| Posted: 01 Jun 2021 07:31 PM PDT I live in SC and we have an ongoing claim for water damage (a couple of pipes burst a few days apart last year, we re-plumbed the whole house and were told we didn't need any remediation because both pipes were down in the crawl space, plumber was wrong, filed claim when we figured it out). At first insurance was pretty responsive, they approved our claim for mold remediation and to replace the floors throughout downstairs (wood floors were continuous beyond damaged area). When our contractor found that our engineered hardwood floors were glued down and would most likely damage the subfloor when removed, he spoke to the adjuster about it and was told he could submit a supplement for costs incurred after that need was proven. Well, our subfloor is wrecked as expected and he submitted that supplement 4/29. Our timeline of issues is as follows: -3/31: work begins based on the approved estimate work/amount that was paid out in a reasonable amount time from submission of contractor estimate. A week of mold remediation, then demo on kitchen and powder room to remove cabinets and all downstairs floors. Downstairs possessions in storage, downstairs is unusable/hazardous. We are approved for 26 days at an Airbnb. All is good. -4/29: a supplement detailing the damage incurred to the subfloors during removal of the glued-down engineered wood floors is submitted. Our adjuster responds to our contractor the same day to tell him she needs 14 days to review it. -4/30: I follow up and ask about extending loss-of-use coverage, as we have a four year old and a house with no kitchen or space outside of our bedrooms is not sustainable for us. Same day our adjuster asks for dates of our previous rental and anticipated project completion date. 5/1: I respond with rental dates and let her know we can't anticipate the end date until the supplement we just sent is approved, but all materials are ready to go. 5/3: We get a response from a rando who is not our adjuster saying she's out of the office for the week, and he's assisting. Confirms the supplement was received 4/29 and wants to know why we would stop work on the house. (We're waiting on approval for subfloors and we can't put down the new floors if we don't have subfloors. We are waiting because we know if we demo those subfloors and then they ask to see them, they'll deny coverage based on that.) I respond same day telling him as much and repeating our contractor's request to review the supplement on the phone if she has any questions. 5/14: I follow up again because we've heard nothing. Detail the additional expenses being racked up and the hazardous condition of the house. Very politely. I have been super polite and patient. 5/18: Our adjuster sends a snarky reply saying our contractor needs to clarify what he's asking for in the supplement received 4/29, says that he sent over 101 line items where she has to go one by one to see what's need or different. It's a supplement. It's ALL NEW and needs review. It's well written and easy to read. Same software our insurance company uses. 5/22: After consulting with our contractor and lawyer friends, I reply reminding her that it's a supplement and it's all new. Repeat the request for a phone call with our contractor to review any questions. 5/24: Our contractor emails claims department detailing this lack of communication and the ongoing hazards it's imposing on us. Asks for a supervisor if our adjuster is not going to respond. 5/25: Our contractor calls to follow up. Finds out we've been re-assigned to a bee adjuster "a few days ago." 5/26: I follow up with bee adjuster and let him know the above timeline and that while we know it's not a reflection on him, this is why we'll be seeking legal counsel if a timely resolution isn't reached. We've heard nothing since. I've been super nice, tried to be understanding of big caseloads, tried not to nag, but I'm dying here. It's not like we're fighting a denial, they just won't answer us at all. Is this a tactic they use? Am I unreasonable? Is this operating in bad faith? How do I get them to answer? [link] [comments]  |
| Setting up vehicle insurance - duty to report? Posted: 02 Jun 2021 02:56 AM PDT Good morning all! I spent a couple of years out of the country and I didn't have vehicle insurance in that period. Fast forward to now, I have a new vehicle and need to get a new vehicle insurance company as my current one does not allow vehicle modifications. I called an insurance company and went through the entire process for a quote with one of their reps and they asked me if I had insurance, I do, but never asked me if I had a break-in insurance coverage. I know this is an important detail but since the sales rep never asked me, do I have a duty to report this? Is there a way for them to find out that I didn't have continuous coverage for the last 10 years? I know I probably should but I am not particularly keen on doubling my premium. Thank you! [link] [comments]  |
| Should I contact the driver of my fender bender through her email in Linkedin? Posted: 02 Jun 2021 02:00 AM PDT So I was in a drive through in Starbucks in Mandeville, LA. I drove a bit pass the order poll so I shifted my gear in reverse and backed up a bit. I finished ordering, about to pull up and the lady behind me honked at me. I was jumped, so I stepped on the gas pedal and I had a minor fender bender collision with her car. My car took most of the damage in the back of the trunk because I also backed up into a poll. Her car had a headlight cosmetic damage only since she was in a slanted position. Police was called and report was made, the officer told me they couldn't write me a ticket since it was on a private property. I was in shocked and I was by myself so I had to ask a Starbucks barista to stand with me through the whole time, which I'm so grateful for her still. We are all fine, no injuries, only property damage in this case. We exchanged insurance information, but I forgot to ask for her phone number thou because I'm still a college student so I hope it doesn't cause my insurance rate to spike up. What sucks is I'm in the middle of transfer all my paperwork from Texas to Louisiana since I'm going to college there and my parents aren't here. Afterward she and her friends came to talk to me. They knew my school since I had the parking sticker in the back of my car. Turned out that she works at one of the hospitals I might go for clinical next semester (side info I'm in nursing major) and she said she might see me there. After talking with my insurance agent and my relatives, we are wondering whether we should reach out to them to see if I can pay for the damage out-of-pocket because I really don't want my insurance rate to go up. I found her information through Linkedin, also found her husband because the car is under his name, and he is a surgeon at one of those hospitals I might go for clinical next semester too! What should I do? Should I contact them through the email? edit: The world is truly small and it's just crazy. I'm 20 and this is my first accident ever so I'm still on my edges now for that. [link] [comments]  |
| Posted: 01 Jun 2021 06:04 PM PDT I am a recent college graduate and have all of this adult stuff to figure out. I am so confused about car insurance. I was wondering if anyone could help me figure out what plan I should get. combined or split limit? liability coverage? death indemnity? medical payments? disability and uninsured mororist? I am so confused what the fuck 100/300 or 500/500 is. I appreciate any help I can get. I have multiple speeding tickets but no accident history if that helps. [link] [comments]  |
| Posted: 01 Jun 2021 11:37 PM PDT On Sunday afternoon I was driving along on the highway when the oil light came on. I couldn't stop safely along the highway and proceeded a little further into a parking lot. When I checked under the van there was oil everywhere and the van sounded really bad like grinding metal. I left it there overnight and called a tow truck on Monday morning. Mechanic says that maybe a hose came loose and maybe the engine block is cracked. My question is, i have comp and collision on it, should I file a claim for it? [link] [comments]  |
| Seeking advice for a pretty bad car accident a few days ago (not at fault) Posted: 01 Jun 2021 07:39 PM PDT This is from a post I made on r/legaladvice. I was told this was a better thread to ask on. I'm sorry for the duplicate post. I'm asking for advice because I really don't know better and my situation (my neck especially) feels like crap. So this takes place in Hawaii during my vacation, I'm back home in the mid-west now and very grateful for it. It was 8-9pm at night, I was going the speed limit of 45 on a highway. The other car (call the driver 'C') was creeping up the intersecting road to the right of me, wanting to merge onto the opposite lane. There's a stop sign for 'C' to wait until it's clear but 'C'not only doesn't stop but accelerates a bit. I braked but she was in front of me and I T-boned her. My car (rental) was wrecked, I couldn't even get out of my door. 'C' seemed to be able to pull her car off to the side. I heard her tell the police she "thought the stop sign was up more ahead" and shouted from across the road that she was sorry. The police asked me if I was okay, and at the time I just felt 'buzzed' and I could walk so I said yes. The next day, I had a bad neck pain (along with others) and went to the hospital for X-rays and nothings broken (thankfully) and they let me go with muscle relaxers. The insurance claim for the car is on-going smoothly (I think) through the rental company and respective insurance companies. Now here's my question. Under Hawaii law I need $5k worth of medical bills to file a claim. I want to go to another hospital and ask for treatments for my neck pains until I reach that $5k point, but my partner is very adamantly telling me that my injuries are not severe enough to be covered by the insurance companies and that I will end up paying for those medical bills out of pocket. I'm a bit confused since I was totally not at fault and don't see why I shouldn't go ask for treatments until I feel better. I don't know if I need to bring a lawyer into this because 1) I have no experience with this kind of stuff and 2) I don't know if the lawyers would end up costing me more than medical bills I'm trying to claim for. Could you guys give me any advice? What would you do? [link] [comments]  |
| EMERGENCY I hit a parked car in a uhaul Posted: 01 Jun 2021 10:35 PM PDT I am located in NY. So unfortunately I was driving a uhaul 20 ft and took someone's bumper off. I have auto insurance and I opted out of the uhaul insurance. The other persons rear bumper is removed. The uhaul has no damage. A cop showed up and tried to take a report but couldn't because the uhaul didn't have insurance. She has my ID and my insurance card. She doesn't have my uhaul paper work. I have liability for my car but it wasn't involved What should I do next? [link] [comments]  |
| How to proceed with car repairs?? Posted: 01 Jun 2021 02:42 PM PDT Hi! So I am in my 20s and I've never been in an accident before and on Saturday I got hit by someone and it's pretty cut and dry that she's at fault. This was in Washington state. She had Geico I have USAA. I called Geico this morning and turns out she never filed a claim even though this was several days ago because today is now Tuesday and I'm wondering whether I should just use my collision coverage from USAA which has a deductible of 500 and if I'll get reimbursed for that, Or if I should wait for Geico to figure out fault first before anything. Also, does anyone know how long GEICO usually takes to figure things out? If anyone has any information I'd greatly appreciate it [link] [comments]  |
| Best designations for a commercial underwriter to pursue after CPCU, AU, and ARM? Posted: 01 Jun 2021 07:12 PM PDT These three seem to be the most underwriting focused and/or emphasized for underwriters based on what I've seen and heard. But for an underwriter who already has these, but would be interested in continuing towards other designations, which do you all think would be the most beneficial/useful and look the best to potential employers and others in the industry as a whole? Thanks! [link] [comments]  |
| What certifications and licenses would you suggest getting as a new auto adjuster? Posted: 01 Jun 2021 06:41 PM PDT I am looking to eventually move into a Auto Liability position and I want to keep challenging myself with insurance education ect. What licenses and certifications would you suggest getting? [link] [comments]  |
| Why was I denied covered California? Posted: 01 Jun 2021 06:21 PM PDT I am not eligible for:
Eligibility determination factors:
WHY? My income is estimated at $18,200 for this entire year. No partner. Is there anywhere else I can search for affordable health insurance? [link] [comments]  |
| Posted: 01 Jun 2021 06:04 PM PDT Texas About 15 months ago, I turned into a bank drive-through and miss judged the distance and scraped one of the polls. At the time I didn't have the time or money to deal with it and never contacted insurance thinking I could always do it later. Last week, someone backed into me causing about $2000 worth of damage and so my car will be going into the shop shortly. Have I waited too long to file a claim with my insurance? It would be great to get both done at the same time. I know the exact date and I had a passenger. I had just run a half marathon and was pretty stupid. No alcohol involved. If it is too long, what would happen if I gave a more recent date? [link] [comments]  |
| 300/300 limit vs 300 Combined single limit Posted: 01 Jun 2021 11:57 AM PDT Does anyone know how these two limit options are different? Which one is more expensive/ provides more reimbursement for Bodily Injury coverage? [link] [comments]  |
| Posted: 01 Jun 2021 01:59 PM PDT So I'm trying to find out if we can get coverage for only the month of May. Our employment termination date is 4/30 and we already have insurance for June. The company that administers our Cobra does not have a customer service contact, rather they have an independent agency (outsourced call center) which can help with basic questions. Is there some law that states you cannot simply pay for a single month of Cobra and be done with it? In the paper work they sent me it is unclear if we have to pay for June's premium because it must be paid to current. But we only need coverage for May. The form says To continue coverage, you must complete and submit this election form to PlanSource no later than the Election Period End date ("Last Day To Elect") listed below. If this election form is not returned within the enrollment period described below for each plan, you will lose your right to elect coverage. After you have elected to continue coverage under COBRA, you must pay the Initial Premium, which includes the premiums for the period of coverage from your First Day of COBRA to the date of your election and any regularly scheduled monthly premiums that become due between your election date and the end of the Initial Premium Payment period. Your Initial Premium Period will end at the end of your Initial Grace Period which is listed below and which is measured as a number of days after the date of your election. To become "fully enrolled" under COBRA, you must "pay your account to current" no later than the end of your Initial Grace Period. You may certainly though "pay to current" and become fully enrolled under COBRA before the end of your Initial Grace Period. Paying to current is defined as paid to the month in which it currently is. If you waive coverage under COBRA before the end of the enrollment period, you can change your mind and continue coverage by submitting your completed election form before the end of the enrollment period described below for each plan. If you have questions about COBRA or need assistance to complete your election form, please contact our Customer Service Department at (888) 266-1732 during business hours. Edit: Michigan, USA [link] [comments]  |
| Insurance companies on low-coverage personal injury Posted: 01 Jun 2021 05:45 PM PDT So I will clarify right off the bat because this question will sound accusatory and that isn't my intent - I'm just trying to be realistic. First the question, then I will give the (fairly basic) story if anyone is interested - is it possible that my insurance company when faced with a personal injury lawsuit (likely frivilous, but assume it isn't for argument) would choose to "roll over", pay their (small) part and then pass the responsibility on to me (and presumably a lawyer I would then have to hire)? I have minimal coverage, $15k. I imagine you guys get this sentiment a lot, but I'm not hating on adjusters. Insurance is a business and I didn't pay for high coverage, I just want to decide if I might be screwing myself long-term by not bringing a lawyer, who fully shares my interests, in at an early stage where a little can go a long way toward squashing the claim. Back story for anyone interested- I was recently involved in a rear-end "collision" where the person in front of me didn't see traffic was slowing down, probably looking at his phone, and suddenly locked his brakes. His car being nicer than mine, even with 4 car lengths of space (in heavy traffic where most people leave one car length) I wasn't able to stop as fast as him, and our bumpers kissed. No "thud" or impact feeling at all. (And I know the front car feels more impact, but seriously it was nothing.) We pulled over and when the guy got out and he was totally fine, not even a hint of pain or injury, we both were bending over and looking at the bumpers. We both couldn't find damage on his car, and on mine you could tell the license plate got pressed on and that was it. We traded insurance, I told him if he did find any damage feel free to contact me and I'll probably pay for it so we both don't get premium increases. He waited a week then filed a claim, never bothered calling of course. He's claiming personal injury and damage to the car - I agree the damage (just described to me as damage from the license plate screws) sounds plausible, and understandable we might have missed seeing them. But personal injury is just insane - I've been in a nearly identical accident from the front before, and that was with older cars that had much harder bumpers... there's just no way it it caused injury in my opinion. We both have newer cars with a ton of weak plastic would have been destroyed. EDIT: this is in California [link] [comments]  |
| Update Homeowner's Policy to Reflect Recent Market Value/Lumber Price Increase? Posted: 01 Jun 2021 11:30 AM PDT I added a car to our insurance today and once that was completed my agent asked if we'd like to come in and go over all our insurance products to make sure we're getting the coverage we need. The agent specifically touched on the recent market value boom of our home and updating our homeowner's insurance to reflect that value...probably also the exponential increase in the cost of lumber I would guess. My questions is, does it behoove me to increase my coverage even though my lender has made no such request? The way we've always treated homeowner's insurance is that it's more for the lender than for us, we'd only make a claim if something cataclysmic were to happen to our home. I don't want to increase my monthly PITI unless necessary. Am I looking at this the wrong way? Edit: location is Oregon. [link] [comments]  |
| Claim Open/Close Process Concerns Posted: 01 Jun 2021 01:18 PM PDT TL;DR: Any reason for concern with my insurance's practice? Austin TX Home damaged during National Disaster Winter Storm in Feb 2021. Haven't been able to get repairs started because of massive material shortage, contractor shortage, & Austin's permit requirements. Insurance has left me to figure everything out on my own & then let them know when something starts, so they continually close my claim & reopen it. I had damages to my home during the Severe Winter Storm that struck Texas In February: 2.5" of standing water in the (downstairs) master suite that came from a pipe burst in the ceiling. The independent adjuster spent 2hrs doing the initial inspection & said all the downstairs floors would have to be replaced at least, & that he'd have to come back out to look behind the wall once a contractor got started. Insurance issued what they called "a preliminary payment" based on the adjuster's inspection notes & said they expected supplements; "funding to get things started". I spent February through April contacting as many contractors in central Texas as I could, only to learn about the material & labor shortage going on. Of the contractors I contacted, 19 returned my multiple messages, 12 said they had a minimum project value of $250k, 4 wouldn't be able to do initial walkthroughs until August, 2 said they would do part of the repairs, 1 said they wouldn't engage with insurance. All 19 said insurance was at least 3x off of the actual cost estimate, & that was why we weren't getting callbacks. The Austin market is so unbelievably hot right now, people are moving here & are willing to pay $250k cash to do renovations, so contractors are focused on that cash in hand business over repair projects like mine. I made a regimen to send update emails to insurance twice a week, a phone call to the agent once a week, & each one had documented updates/next steps/ETAs. Between Feb & today, insurance has reassigned my claim to 6 different desk adjusters. They all claim to have reviewed my claim notes, where I've documented the slow progress & difficulties trying to find someone willing to do repairs. Every transition to a new adjuster immediately followed my discovery that my claim had been closed by a previous adjuster. No documentation or reason why. Today is update day & I finally had some promising news to share with insurance; I found a builder willing to work with me & an Architect that would help with the missing plans the city needs to issue permits (don't ask). My insurance desk adjuster said the claim had been closed for half a month because "they can't just leave a claim open for 5 months". I reminded the agent of the history & then expressed my concern to think they keep closing a claim before work started. I pointed out every email that documented timelines for work probably not starting until August '21. Afterwards, the agent assured me it wasn't a big deal & that they'd open up the claim for each next step. I'm exhausted by the lack of any real help from my insurance to get my home put back together, but I've made peace with this is what everyone has to go through. However, I feel like this practice doesn't accurately reflect the state of my claim, & I'm concerned that my insurance is doing this intentionally so that they could try to deny my claim whenever that time comes. Any & all perspective from the more-experienced insurance community is greatly appreciated. [link] [comments]  |
| Will my car insurance premium go up if I file a claim after backing into a wall? Posted: 01 Jun 2021 04:57 PM PDT Just got a quote at an auto body repair shop and they recommended I go through insurance since the repair will be around $2k and my deductible is $500. The clerk said my rate won't go up based on their knowledge formerly working in insurance..any anecdotal or professional advice on here? Edit: I'm in California, USA [link] [comments]  |
| Posted: 01 Jun 2021 12:14 PM PDT So I visited a friends house and they backed into my parked car, they thought they could squeeze by, they couldn't. They offered to have their insurance cover the cost of the repair. My question is, do they report the claim to their insurance? Do I report it to their insurance? I don't want to get my insurance involved since I don't want my rates to go up. Basically, how do we get their insurance to cover the cost of the repair. Edit: relevant information: Minnesota, USA [link] [comments]  |
| Irish car insurance - is this now valid to drive in the UK? Posted: 01 Jun 2021 03:13 PM PDT Previously I could only drive the car for like maximum 6 weeks or something. And only if it was a holiday. I may have work coming up and intended to rent a car as i needed the car longer. Has something changed recently and now one can be covered fully by their existing Irish insurance? Any help or light shed on this would be very welcome! [link] [comments]  |
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