A story in the Feb. 8 issue should have said that an insurance tax credit being
claimed by auto insurers in Michigan equates to a 20 percent reduction in insurance tax revenue.
Not exact matches
All property insurance
claims made are registered to the Comprehensive Loss Underwriting Exchange (CLUE), a reporting system
by LexisNexis, and
insurers check this database when pricing personal
auto and property policies (including renters insurance).
All property insurance
claims made are registered to the Comprehensive Loss Underwriting Exchange (CLUE), a reporting system
by LexisNexis, and
insurers check this database when pricing personal
auto and property policies (including renters insurance).
If you don't have a card that offers primary insurance, you'll have to file a
claim first with your
auto insurer, and your credit card will theoretically pay for anything that's not covered, including your deductible and fees charged
by the rental agency.
These changes benefit private
auto insurers by reducing the amount of
claims money they need to pay to innocent accident victims.
Allen's representative work includes the successful defense of a multi-million dollar insurance coverage and rescission suit
by Lloyd's of London; dismissal of a six - figure
claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability,
auto liability, errors and omissions, negligent procurement, and
insurer bad faith).
Once a med - pay
claim is made
by an insured, an
insurer becomes obligated to make the medical payment when its insured can show he suffered a bodily injury, as defined in the medical payments provision of the
auto policy, in an accident (regardless of fault) and thereafter incurred medical expenses in the treatment of that injury.
If both your
auto insurance provider and health
insurer pay out
claims for medical expenses that resulted from an
auto accident, then it's possible they could ask for reimbursement if there were overlapping payments paid out
by both
insurers for the same medical treatments.
Massachusetts Supreme Judicial Court has recently upheld the long standing exclusion the standard automobile insurance policy has that excludes optional coverage when a vehicle being used as «livery or public convenience» In addition, the Massachusetts Department of Insurance has also recently approved another endorsement being used
by auto insurers in the state, that further addresses car - sharing, saying in part «We will not pay any
claim for injury or property damage under the policy while your
auto is being used in a personal vehicle sharing program....»
The definition of a
claim is when an insured party asks the
insurer to pay out for an eventuality that is covered
by their
auto (or other) insurance.
The California Department of Insurance also weighed in on the issue in an advisory letter it sent to the CPUC before its final decision: «Based on informal conversations with TNCs and
auto insurers, we understand that personal lines
auto insurers have both paid
claims and denied
claims when drivers with personal lines insurance were transporting a passenger referred
by a TNC.»
If you or any of your passengers are experiencing pain in any way it's important to be seen
by a doctor at once because your
auto insurance company or the other drivers
insurers will be less inclined to pay your
claim if you didn't come forward to report injuries or trauma resulting from the accident right away.
After identifying the top
auto insurers in the state
by market share, we checked with independent rating agencies A.M. Best and Moody's to ensure that they had the financial clout necessary to pay out
claims.
We gathered the largest
auto insurers in the state
by market share and ensured that they had the financial solvency to pay out on
claims by checking with independent rating agencies A.M. Best, Moody's, and S&P Global.
GEICO is our favorite
auto insurer, backed
by strong ratings in financial solvency and
claims satisfaction that demonstrate the company's commitment to its customers.
Auto insurers pay for all medical expenses for people who are catastrophically injured in auto accidents and are reimbursed by the MCCA for medical claims exceeding $ 250,
Auto insurers pay for all medical expenses for people who are catastrophically injured in
auto accidents and are reimbursed by the MCCA for medical claims exceeding $ 250,
auto accidents and are reimbursed
by the MCCA for medical
claims exceeding $ 250,000.
All property insurance
claims made are registered to the Comprehensive Loss Underwriting Exchange (CLUE), a reporting system
by LexisNexis, and
insurers check this database when pricing personal
auto and property policies (including renters insurance).
By matching your driver profile and driving record to their own
claims statistics and experience, your
auto insurer can extrapolate how likely your peer group is to file a
claim, and charge you accordingly.
That might seem arbitrary, but
insurers come up with these rate changes
by analyzing
auto accident statistics and the
claims filed each year.
The
auto insurer directly pays out for the entire
claim, and is then reimbursed
by the MCCA for any amount in excess of $ 460,000.