by Gege310 » Sat Jun 05, 2010 04:33 am
I was involved in a accident at the time I did have insurance , however the car I was driving had not been added to my policy yet. I'm claiming I'm not at fault and the other party involved is also claiming he's not at fault. Now the other partys insurance company is saying I'm at fault and they handed me over to collection agency who's stating I now owe them $10,000 and there gonna suspend my liceanse. What should I do?
Posted: Sat Jun 05, 2010 09:53 am Post Subject:
What does the police report say? It depends a lot on who was responsible for causing this mishap. It also depends a lot on other factors like the place where the mishap occurred, the weather conditions etc. So, you see why we need more info to get a clearer picture.
Posted: Sat Jun 05, 2010 02:08 pm Post Subject:
Was not listed on your policy yet... in in your just bought the vehicle? Did this vehicle replace one already on your policy? If so, most policies are going to extend at least liability coverage to a replacement vehicle even if it's not on the policy. You need to report this accident to your carrier to see if yo have any coverage. Other then that and you will need to deal with this situation on your own. This is why people have insurance... to protect themselves. If you don't have insurance then you will need to do this on your own.
If they suspend your license I would guess that there is some type of appeal process. You may want to check with your state to see how this works.
Posted: Sat Jun 05, 2010 03:30 pm Post Subject:
I was involved in a accident at the time I did have insurance , however the car I was driving had not been added to my policy yet.
As tcope has asked, was this a replacement vehicle, a newly acquired (new or used) vehicle, a borrowed/substitute vehicle? If you were insured at the time, there was probably coverage available on the vehicle, unless you haven't told us that you had the vehicle for several months and "just never got around to getting the insurance", in which case, this could end up being an expensive lesson about the word "ALEATORY" -- the unequal exchange of values that goes with all forms of insurance.
People complain here and elsewhere about the "high cost" of insurance. I'm not happy that I have to pay about $1500/year with an unblemished record for two vehicles in Southern California, but it's due in part to the number of people who continue to drive without insurance, and the vast number of fraudulent claims that insurance companies realize they are hit with but cannot entirely defend against. Our CA Dept of Insurance is still dozens of investigators short, and given our legislature's lack of fiscal responsibility, it's unlikely that those investigators will be hired any time in the next several years.
But the sad truth is, no matter how expensive a person thinks their auto insurance is, paying that premium is far superior to driving around town without coverage.
So I, like millions of others like me, reluctantly pay $15,000+ over ten years with no claims . . . I certainly wish it was less, but so what? Life is better when I have no insurance claims. However, the one time I knock down a signal light, run into a Cadillac Escalade, injure some kid on a bike who should have also been looking out for me . . . I will not lose a minute of sleep wondering how the damages will be paid. My insurance company will write the checks up to my policy limits. THAT'S WHAT I PAY FOR. And I still thank God for allowing me to drive and not have any claims.
Now the other partys insurance company is saying I'm at fault and they handed me over to collection agency who's stating I now owe them $10,000 and there gonna suspend my liceanse.
This does not make any sense at all. Yes, they could very well believe that you were at fault, and you might have been. But (1) the insurance company has nothing to "hand over to collections" without first attempting to collect anything from you or your insurance company, and even then, they would probably need to take you to court in order to obtain a judgment that can be enforced. I've never heard of an insurance company dealing with a collection agency like this. And, (2) the insurance company has no authority to suspend your driver license -- that is a matter for the state's DMV.
So perhaps you would be kind enough to be a bit more forthcoming with all of the details concerning this incident. There are too many holes here to attempt to plug up with reasonable answers. Like: when did this happen? Last week, last month, last year, two-three-four years ago? Our responses cannot be more complete and valuable than the information provided to us.
Kind of like the old saying: Garbage in--garbage out.
Posted: Mon Jun 07, 2010 11:14 am Post Subject:
We've got two thread going on re: this same topic/OP. I'm locking this thread...please go to this thread
http://www.ampminsure.org/start/about13184.html#77215
For additional comments.
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