by Guest » Fri Dec 04, 2009 08:46 pm
I received a letter from my auto insurance today stating that they were notified by the collection vendor, credit collection services that the damages paid and my deductible appear to be uncollectible. That the responsible party has refused to pay. That my insurance company is no longer inted to pursue futher collection against the responsible party. Will my insurance premium go up because of this? and what will happen next? will i be able to get my deductible back?
Posted: Fri Apr 08, 2011 05:33 pm Post Subject:
If the subrogation claim is unsuccessful, then the accident may become a chargeable accident to the policyholder and possibly result in a premium increase.
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