by Guest » Tue Mar 03, 2009 07:57 pm
I WAS DRIVING AND STOPPED AT A RED LIGHT, THEN I SEE THIS CAR COMING BEHIND ME AND THE LADY WAS READING A PAPER. NEXT, SHE SLAMMED THE BACK OF MY TRUCK WITH HER CAR. THE DRIVER AND I HAVE THE SAME INSUR. CO. GIECO IS SAYING SINCE I ONLY HAVE LIABILTY COVERAGE, THEY'RE NOT RESPONSIBLE FOR MY DAMAGES UNDER THEIR POLICY. SHOULD I GET A LAWYER OR WHAT?
Posted: Tue Mar 03, 2009 07:56 pm Post Subject:
Cloudy,
GIECO IS SAYING SINCE I ONLY HAVE LIABILTY COVERAGE, THEY'RE NOT RESPONSIBLE FOR MY DAMAGES UNDER THEIR POLICY.
And they aren't under YOUR policy... Are you sure they aren't saying that they cannot pay to repair your vehicle under YOUR policy because you only have liability? But the other party's (newpaper reading driver :roll: ) policy should take full responsibility for your repairs and any injury...that is how this should work...SHOULD I GET A LAWYER OR WHAT?
Don't see why you need one yet...I think they were just informing you that they are closing the claim under your policy because you only have liability and since you are not responsible for this accident there will be no liabililty payment and they are closing it...have you talked to the adjuster assigned to the other claim?Posted: Wed Mar 04, 2009 02:15 am Post Subject:
I always wondered how it worked if two p[eople with the same insurance company met by "accident. Is there anything in a companies policy if you hit another driver who has the same insurance how things must be handled or is it the same as if the companies were not the same.
Posted: Wed Mar 04, 2009 05:03 am Post Subject:
Firey, carrying policies from the same insurance company mustn't affect the claim process, as the insurer separately but equally responsible for both the drivers.
However, I', not sure what Cloudy has meant by 'their policy'. We need some clarification regarding this.
Posted: Wed Mar 04, 2009 11:34 am Post Subject:
Thanks Rupert for answering me. With the way people drive these days I figured it would be a good thing to know.
Posted: Wed Mar 04, 2009 11:45 am Post Subject:
Thanks Rupert for answering me. With the way people drive these days I figured it would be a good thing to know.
Happy to help :) but we may still wait for our expert 'lori' to comment on it.
Posted: Wed Mar 04, 2009 01:04 pm Post Subject:
Hi,
Firey, carrying policies from the same insurance company mustn't affect the claim process, as the insurer separately but equally responsible for both the drivers.
Absolutely!
Furthermore, since both parties are covered by a single carrier, the settlement should actually be concluded upon one detailed investigation when required. At least that's what I'd always wished to make things faster!
Roddick
Posted: Wed Mar 04, 2009 03:42 pm Post Subject:
Years ago when two state farm policy holders were involved in mishaps, the deductible was waived. I never saw the logic in waiving the deductible of a negligent party simply because both were insured by the same. Of course this was in the days of 50 and 100 dollar deductibles. Others may have had the same policy.
On a side note, my home owners and vehicle policies are with the same company. When it hailed on my home and my cars, the largest of the two deductibles were applied waiving my vehicle deductible. I am assuming it was a company courtesy as I can see no contractual reason they shouldn't charge two deductibles unless it was the result of one occurence.
Posted: Wed Mar 04, 2009 05:27 pm Post Subject:
Is there anything in a companies policy if you hit another driver who has the same insurance how things must be handled or is it the same as if the companies were not the same.
Most companys will require that there be two adjusters one for each ins. and each independently investigate, but an accident like this one is pretty open and shut, as long as the at fault party's policy was in force..Mike, I was just going to say something similar...the company that I am insured with and in fact worked for from 87-97 (shelter) has it written in their auto policy (mo anyway) that if you are in an accident with another shelter insured all deductibles will be waived...this is simply a company perk that they have adopted...the company i work for now does not do that...as you said it's a courtesy or perk...most all company's have some little 'extra' something...
Posted: Wed Mar 04, 2009 10:04 pm Post Subject:
Makes cents they are saving on adjusting costs.
Posted: Thu Mar 05, 2009 01:14 am Post Subject:
Waiving the deductibles would be a really good tatic. If it were me and my insurance company did this I would be more inclined to stay with them. It also makes sense to have two different adjuster since it would (personally) make me feel better if I had my own representing me and not one representing both.
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