by RONALD » Thu Oct 02, 2008 02:55 pm
I had an accident on my fathers insurance as named driver.Now i have changed my car and i want insurance on my own name can i hide that accident from my new insurance company. Will i get through it or my insurance compnay will get to know it?
Posted: Thu Oct 02, 2008 03:09 pm Post Subject:
They will more than likely know. They will definitely run an MVR. There is also a data base that agents use that gives us details of accidents - drivers, dates, etc.
To get a true estimate, fess up about the insurance.
Posted: Thu Oct 02, 2008 06:05 pm Post Subject:
As mentioned, if you were issued a citation it would probably show up on your MVR. Insurance companies also use a database called CLUE. I'm not sure if it would show up there as the policy was under your fathers name.
The application to obtain insurance will ask you if you've had an accident within so long prior. Your better off telling the truth. Otherwise, when you have an accident and if they find out you lied on the application, they can rescind your policy (cancel it as never in-force). Your then left without insurance for the accident.
Posted: Fri Oct 03, 2008 05:12 am Post Subject:
First of all, I don't support the idea of hiding the information form your insurer. Like the other have said, the insurer will going to find the information regarding your driving from the MVR reports.
Every application made by the applicant is required to pass through the strainer of insurance underwriters and the underwriters will scan through your driving record and claim histories before approving the coverage. Hence, it wouldn't be wise to suppress the information from your insurer. Its may results in a denied coverage as well.
~jeremy
Posted: Fri Oct 03, 2008 02:07 pm Post Subject:
Even if the accident doesn't show up, and you don't tell anyone about it, don't forget there is a statement on the application stating that you are being completely truthful about the information you have provided. If you sign the application, have an accident later, and the first "non-mentioned" accident then shows up, your claim could be denied because you were less than truthful on the initial application.
Posted: Sat Oct 04, 2008 01:00 am Post Subject:
That is what I was thinking to tell the poster. I imagine it would more than likely come up on some system but I would not risk getting in another accident and then getting denied on a claim. It is better to tell the truth and deal with the consequences.
Posted: Sat Oct 04, 2008 01:53 am Post Subject:
Here's the deal Ronald...you lie on the application...everything goes fine they don't find out...then a year or so down the road, you lose your good sense and hit about three cars...damaging all of them and injuring another six people...in the process of adjusting the claim it comes to light that you lied on your application...(we call this 'mis-rep'---if the prior accident is bad enough that they wouldn't have insured you..) then sha-zam...they void your policy send you your premium back and you dear Ronald have to pay ALL of this claim out of your own pocket...if the accident wasn't bad enough that they wouldn't have taken you and you're lucky they might say, 'tell ya' what ron, want this claim handled? ok, pay the difference in premium that you should've been paying all this time, if you hadn't lied, and we'll handle the claim'...Now, I gotta ask ya' Ron, is it really worth it to lie on an application for insurance? Not to mention dude, it's just flat dishonest and a severe character issue...you don't want to do this...
Posted: Sat Oct 04, 2008 10:17 pm Post Subject:
Lori...a couple question here....
1. What would a person do if they were the one hit in a situation like this...how would they get reimbursed if the guy hitting them had their policy voided?
2. Say he does hit all those people...isn't some policies set up something like (example) 25/50. Saying it will cover two people up to 50 grand per accident. So if there was three different vehicles with two passengers in each would they have to divide the policy limits between them?
Posted: Sun Oct 05, 2008 09:47 am Post Subject:
1. What would a person do if they were the one hit in a situation like this...how would they get reimbursed if the guy hitting them had their policy voided?
They would use their collision coverage, and if injured their UMBI coverage and their carrier would subrogate the at fault party, same as if he were uninsured...which in fact he would be..2. Say he does hit all those people...isn't some policies set up something like (example) 25/50. Saying it will cover two people up to 50 grand per accident. So if there was three different vehicles with two passengers in each would they have to divide the policy limits between them?
The 50k doesn't mean two people it means per accident...so for a 25/50 limit..that is 25k per person MAX and 50k per accident....so yes let's say there are 5 people hurt BAD each would get 10k, then hopefully they would have underinsured motorist coverage to pick up the individual balance of their claims. If they don't have UIM then they are out of luck basically unless they want to sue and get an excess judgement and then hope they can collect on the judgement...course most of the time all five wouldn't be horribly injured so if two are hurt really bad others have minor say 1k claims they would pay 3k out for the three that are not badly injured, leaving 47 to be devided amoung the badly injured...but in any rate you are correct it would be a pro rata share.Posted: Sun Oct 05, 2008 11:41 pm Post Subject:
They would use their collision coverage, and if injured their UMBI coverage and their carrier would subrogate the at fault party, same as if he were uninsured...which in fact he would be..
*** Better than not having it covered at all.
On the second question Boy would that suck if all five were really injured...It almost makes me think all coverage whether 100,000 or 100,000,000....could be worth carrying.
Posted: Mon Oct 06, 2008 09:17 am Post Subject:
I know..personally i carry 100k PD and 250/500 BI
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