Who Pays Car Insurance in This Case?

[Josh]

Isn't that why Allstate pretty much mandated 100k medical payments on every policy? Was that a NY thing or an Allstate thing?

I don't know what you're talking about. NY has a $50k mandatory minimum on no-fault coverage.

 

[Guest]

from the title of the thread, I say the client pays the car insurance.

The insurance company pays the claim.

 

[NCAgent]

I don't know what you're talking about. NY has a $50k mandatory minimum on no-fault coverage.

Ahh, everytime I saw a NY policy they always had 100k medical payments. Maybe the agent just never gave them minimums...

 

[Josh]

Ahh, everytime I saw a NY policy they always had 100k medical payments. Maybe the agent just never gave them minimums...

Are you sure it's 100k med pay?

 

[Guest]

from the title of the thread, I say the client pays the car insurance.

The insurance company pays the claim.

Lol I'm assuming a mod changed the title but that's a good one.

And josh so quick to judge you had to go back modify your post... best slow down now.
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Better than North Carolina! We are a contributory negligent state, meaning if you are 1% at-fault (with a few exceptions I believe) then you cannot collect from the other party's insurance.

Thanks for answering this is the stuff I wanted to hear about.

Does this also mean that in NC you get a lot of cases where the insurance company is trying to prove fault of their own insured so they don't have to pay?

 

[Josh]

And josh so quick to judge you had to go back modify your post... best slow down now.

You still didn't answer my question.

 

[Guest]

Re: Who Pays?

Is this a joke?

What's it take to get a P&c license in California these days?

No not a joke. I saw something online (dont remember the link not that reputable of a source either) about an insurance company only paying the deductible when their insured was at fault and it came up as a comp/collision claim on the not at fault driver's record.

It takes 52 hours in front of a computer and a couple hundred dollars...

 

[iiinycboi]

Ahh, everytime I saw a NY policy they always had 100k medical payments. Maybe the agent just never gave them minimums...

med pay is different from pip!

 

[NCAgent]

med pay is different from pip!

I could very well be thinking of something else, or maybe I was getting all of the people with 100k MP.

I'll be honest, this was a couple of years ago so I might not be remembering properly. I just remember there being 100k of something that wasn't property damage. Maybe it was a package or cheapo rate or something.

I'll drop it until I can figure out what I was looking at somehow.

 

[pancham]

As much as possible,an Insurer would be happier with having less/or no claims filed on them. To limit the amount of claims that could be filed,they are asking you to pay a part of the cost upfront,then they will pay the rest. Generally the part that you pay is $250/or $500/or $1000 in some cases. So if you have damages worth $200, would you file a claim? Obviously No. I heard that it also has to do with the cost of the administrative work that has to be done when a claim is filed. I think the general philosophy here is that Insurers dont like to make payouts as much as they like having premiums. This is seemingly part of Risk Management...less risks less pay out possibilities. So one way to manage Risks is to let you take some responsibility for your action to decrease your negligence, by asking you to pay a DEDUCTIBLE, upfront.

Thanks for allowing me to say the above.
Could anyone help me to become an Independent producer here in Georgia...I prefer working from home. I do not have any experience yet...was just licensed 3 weeks ago.