The tables have turned in favor of insurers, after a series of rulings in appeals court tackle whether provisions in homeowners’ contracts excluding flood damage are enforceable.Last year and early this year, insurers like Allstate Corp., Nationwide Mutual Insurance Cos., and State Farm Insurance Cos., were on the losing end of the lawsuits. State Farm, for one, was hit with a $1 million judgment for a single home.In January, insurers
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As I was out driving today I noticed a lot of mini-vans. Not as many station wagons these days but a lot of mini-vans. Which is a good thing for an insurance budget.
What does an insurance friendly vehicle mean? Well, simply put it is a vehicle that gets you cheap auto insurance. Station wagons and vans are the best choices to get cheap auto insurance because they are not to big to cause large amounts of damage to the other car but big enough to
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"THE ONLY TYPE [insurance] I LIKE – FOR THE PURPOSES FOR INSURING YOUR LIFE – IS TERM INSURANCE! If you are smart with the money you have today and you get rid of your mortgages, car loans and credit card debt and put money into retirement plans you don’t need insurance 30 years from now to protect your family when you die."
Suze Orman, a well known financial specialist and the owner of those words above, puts it straight forward when dealing with
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The most common form of reckless driving in Virginia is speeding 20 or more miles over the speed limit. In Virginia reckless driving falls under Virginia Code Section 46.2-868. As stated here in the Code of Virginia reckless driving is a Class One Misdemeanor punishable by:
- Up to 1 year in jail, and/or
- Up to $2500 in fines, and/or
- Up to 6 months loss of privilege to drive in Virginia
There are
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If you are asking if an auto insurance policy's no-fault (PIP) portion of a policy extends to a motorcycle accident, it usually does not. You would need motorcycle PIP insurance toР’В cover you on a motorcycle.
The New York Insurance Department states that under no circumstances may a motorcycle be operated on public highways without liability coverage in effect. This also applies to motorcycles registered out-of-state.
No-Fault, also called
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It is against the law to drive without a valid license in Georgia.
There isР’В GA Senate Bill (SB 15) that passedР’В through the GA senateР’В in early 2007 and is now goes to the House which proposes stricter and harsher penalties for driving without a license in Georgia.
The bill would make the first offense of failing to obtain a license two days in jail, with the second offense ten days in jail. The third would be a felony of one to five years in prison.
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Part of insurance laws in Illinois requires uninsured motorist limits of $20,000 per personР’В and a total of $40,000 per accident. Since the person that hit you and caused bodily injury to your family was uninsured you should file a claim under your UM coverage.
Illinois law mandates thatР’В no person should operate, nor ownerР’В permit another person to operate, a motor vehicle which not covered by the minimum liability insurance. If theР’В teenager
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Illinois law requires all motor vehicles registered and operated in Illinois to be covered by liability insurance. One way this law is enforced is by a person being issued a traffic ticket and convicted in court for operating an uninsured vehicle. If convicted the Secretary of State for IL is informed and the license plates for the vehicle are suspended.
Penalties for first time offenders is a minimum $500 fine for operating an uninsured vehicle.
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The usual recommendation for auto insurance is to purchase what you can afford and to purchase enough coverage to protect your assets and give you peace of mind at the time of an accident. As a basis, every state has financial responsibility minimums which are usually dealt with in the way of liability insurance. You must purchase the state minimum requirements but can raise the limits if you feel that your personal situation makes it necessary.
You can read below for some guidance, or try our Car Insurance Coverage Calculator.
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If your boyfriend rear-ended a vehicle then it would appear that the accident and resulting damages were his fault. Since he was driving without insurance at the time of the accident he is being held personally liable and responsible for the damages he caused to the other party.
The other party appears to have made a claim with their insurance company and was paid out for their damages in the amount your boyfriend is being billed for, the $11,000.
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