NLIC.org

Kyle Said:

What are my rights as to the auto insurance claim process?

We Answered:

As far as I know,insurance only has to pay what the book value of the car is. Doesn't matter how much you owe on it or how much you paid for it. This is the way it has always worked for me when I had accident damage.
Do an online value for your car on the Kelley blue book site,that should give you some idea if you are getting shafted.

Elaine Said:

Auto Insurance, im swtiching companies but im worried about lienholder. Help?

We Answered:

Don't drive the car on the day it's without insurance. Leave it parked, off the road if you have a place to park off road so it won't have a chance of even being hit.

The chances are the lender won't bother you. Typically they don't worry about anything but not getting paid, and even then typically 90 days goes by before they get serious with repossession.

As I see it, your biggest worry is the possibility that Allstate will tell the state your insurance has been canceled for non-payment, and the state will void your registration or suspend your license to drive. If that happens you will have some work to proving you merely switched providers, and a copy of your then current insurance card should fix it, but be careful of that happening. Also, depending on whether the $830 is for past or future bills, Allstate may turn you in to collections, which will affect your credit rating.

Bottom line, please don't drive until you know for sure that you are covered.

Keith Said:

Auto insurance question?

We Answered:

In my professional opinion, I would always go with your company. Once they make you a written offer and you sign it, it's a contract that they can no longer negotiate and the agreed settlement is paid. The two Insurance companies will discuss the details and once the other drivers company accepts liability (fault), they go into subrogation, meaning your company is repaid anything they paid out to you and you will usually get your deductible back.

Unless there are serious injuries, getting an attorney is the absolute WORST thing you can do because it will draw out the process by MONTHS. It's best to have your company take care of you and then let them go after the other company.