This can be explained in part by the Great Heck Rail Crash that cost the insurers over # 22 million in compensation for the fatalities and damage to property caused by the actions of
the insured driver of a motor vehicle that caused the disaster.
Not exact matches
(2) Clause (1)(c) does not prevent an excluded
driver or any other occupant
of an automobile driven by the excluded
driver from recovering accident benefits under a
motor vehicle liability policy in respect
of which the excluded
driver or other occupant is a named
insured.
(3) Clause (2)(b) does not prevent an excluded
driver or any other occupant
of an automobile driven by the excluded
driver from recovering accident benefits under a
motor vehicle liability policy in respect
of which the excluded
driver or other occupant is a named
insured.
In other words, if a negligent
motor vehicle operator with 50k policy liability limit rear ends a pickup truck motorist and the pickup truck
driver has 50k in medical bills as well as lost wages, traumatic brain injury and pain and suffering then the injured motorist can collect the $ 25,000 policy from the tortfeasor in addition to his own $ 100,000 under -
insured motorist policy for a total
of $ 125,000.
One
of the objectives
of the
motor vehicle insurance contracts in Ontario is to secure peace
of mind by providing some financial and psychological security to all
insured drivers.
Section 265 coverage compensates victims
of motor vehicle accidents for their injuries by uninsured or unidentified
drivers and is different and apart from underinsured claims for inadequately
insured drivers.
Defendant agrees that, in any instance in which an
insured or applicant for insurance provides Defendant with a report from a doctor (whose background and experience qualifies him / her, within the meaning
of applicable law, to render such an opinion) indicating that the
insured or applicant is able (either without qualification or limitation, or with qualifications or limitations consistent with restrictions on the individual's
driver's license) to operate a
motor vehicle safely, the fact that the
insured or applicant for insurance has a mental or physical condition shall not, in any way, affect Defendant's decision to issue an insurance policy or the premium charged.
In any instance in which an
insured or applicant for insurance provides the insurance company with a report from a doctor (whose background and experience qualifies him / her, within the meaning
of applicable law, to render such an opinion) indicating that the
insured or applicant is able, either without qualification or limitation, or with qualifications or limitations consistent with restrictions on the individual's
driver's license, to operate a
motor vehicle safely, the fact that said
insured / applicant has a mental or physical condition shall not, in any way, affect the decision to issue insurance or the premium charged.
Injury sustained while taking part in Mountaineering, hang gliding, parachuting, bungee jumping, racing by any animal or
motor vehicle or motorcycle, snowmobiling, motorcycle /
motor scooter riding (whether as a passenger or
driver), scuba diving involving underwater breathing apparatus (unless PADI or NAUI certified), water skiing, wakeboard riding, jet skiing, windsurfing, snow skiing and snow boarding, and any sport, recreational, athletic, or adventure activity which is undertaken for thrill seeking and exposes the
insured to abnormal or extreme risk
of injury and / or is in violation
of applicable laws, rules, or regulations.
Comprehensive private
motor insurance online policies also offer personal accident coverage to owner -
driver of the
insured vehicle.
In the state
of Tennessee, if there is evidence from the online insurance verification system model (Insurance Industry Committee on
Motor Vehicle Administration Model) that a registered motor vehicle is not insured, the Department of Revenue will send a notice requesting the driver to provide proof within 15
Motor Vehicle Administration Model) that a registered motor vehicle is not insured, the Department of Revenue will send a notice requesting the driver to provide proof within 1
Vehicle Administration Model) that a registered
motor vehicle is not insured, the Department of Revenue will send a notice requesting the driver to provide proof within 15
motor vehicle is not insured, the Department of Revenue will send a notice requesting the driver to provide proof within 1
vehicle is not
insured, the Department
of Revenue will send a notice requesting the
driver to provide proof within 15 days.
However, any
insured driver who is the principal operator
of a
motor vehicle and completes a PIRP course will receive the reduction, even youthful operators and
drivers participating in an assigned risk pool.
Other states requires
motor vehicle insurance policy to include in their coverage the
insures persons right to recover damages from car
drivers of uninsured or underinsured
vehicle for bodily injuries, diseases or death caused to the
insured person.