So you are driving down the road minding your own business when BAM! You are involved in an accident. You follow my advice from my prior posts about what to do (and from my podcast!) and you exchange information. Turns…
Posts Categorized In: Auto Insurance
Insurance, Elections and The Initiative Process
The initiative process is spiraling out of control in California. (For those of you who are not in California, we have a process where individuals, in theory, can have a measure placed on the ballot assuming they meet all sorts…
Who is responsible when you co-sign a vehicle and the other person takes the car?
What happens when you finance a vehicle for a friend. You then have a falling out, but the vehicle is either in your name or both names. Do you carry insurance for it? Are you required to? Can you have…
Is there a Statute of Limitations on Claims?
Someone asked me this recently. What are the statues of limitation on a theft claim to an insurance company? Let me share my answer. The statute of limitations deals with filing a lawsuit, or in some instances, a claim. So,…
That little claim: Do you need to report it?
Yes. But it is under your deductible? Yes, the policy still requires you to report it. But, the other person said they were not hurt and I want to pay for their damages? Yes, you still have to report it,…
Actual Cash Value – What is it?
I have had several people ask me a very important question. What is actual cash value? The funny part is that no one really knows for sure. It is not defined in your insurance policy. See, the auto policy will…
Medical Authorizations: Should you sign them?
When you are injured in an accident or at someone’s home, the insurance company is going to tell you that they cannot settle your claim without your medical bills and records. And, for once, they are right. Yes, I said…
Where do you get your car fixed after an accident?
After you have been in an accident, the insurance company, whether it is yours or the other persons, will “suggest” a repair shop for you. I say “suggest” because they will tell you it is one of their “preferred shops”…
Who’s to Blame When The Street Bites Your Car?
It is amazing. You were driving down your street, minding your own business. You weren’t bothering anyone, especially not the asphalt. Then, out of nowhere, the street jumps up and hits your car. (Okay, more likely there was a pothole…
You Hit an Unoccupied Car – What should you do?
Someone on Craigslist wrote to one of the forums about an experience they had. This person was driving a car in the evening and struck another vehicle. The driver got out, looked around, and saw no one was there. So,…