Okay, so hypothetically lets say you are leasing a 2007 Lamborghini. Nice car. Very nice. You have collision coverage on it, as is required by the lease. And some guy driving a 1972 Ford Pinto rear ends you. After all,…
Posts Categorized In: Insurance and Claims FAQ
FAQ: Where does 1/3 of the settlement go?
I have been asked lately about how a settlement breaks down. A lot of people seem to think that there is about 1/3 of the settlement that they never see. Let me see if I can help. When you settle…
FAQ: What do I do after a hit and run?
Q: I was hit by a car and they left the scene. I have the license plate. What do I do? A: Step by step instructions: 1. Call back the police and file a report. 2. Fill out an SR-1…
FAQ: Am I responsible for my child?
Q: My child is 19. Can I be sued for anything he does? A: Anything is a broad term. If, for example, a parent negligently gives a car to their child, they could be sued even if the child is…
FAQ: How do I get someone’s address?
Q: My car was damaged. The person left their name, but not their number. How can I find them? A: The internet is a great resource. Go to Google and type in someone’s name and you will get a hit….
FAQ: Do they have to disclose their insurance to me?
Q: I was involved in an accident. Does the other person have to tell me the details of their insurance? A: No. The Insurance Privacy Act protects this information unless the insured specifically authorizes the release of the information. However,…
FAQ: Do I have to give a recorded statement?
Q: I filed a homeowners insurance claim for damage to my house. The adjuster told me they want a recorded statement. Do I have to give them a recorded statement? A: Probably not. Read your policy. You have a duty…
FAQ: How do I prove wage loss?
Q: I was injured in an accident. How do I prove my wage loss? A: You should get a letter from your employer verifying that you missed time from work and your hourly wage. This, along with the doctor’s note…
FAQ: Is the employer responsible?
Q: I left my car with a mechanic. One of his employees hit my car when he was driving his personal car. Is the mechanic/employer responsible? A: This hinges on whether the employee was working at the time. Was he…
FAQ: What is an act of God?
Q: A tree fell on my car. Is this an act of God? A: An act of God is basically a way of saying mother nature caused the accident. For example, in the middle of a tornado, a tree may…