limited liability insurance
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Forms of Business Organizations, Tax and Insurance Issues for Small Business
Excluded driver totaled my new car. Does his property damage liability insurance pay for my car? Any advice?
Someone who was exluded from my car insurance drove my car yesterday and had an accident that was at his fault. He had only liability insurance with bodily damage, property damage and underinsured motorist protection. My insurance is not going to cover anything since he is an excluded driver. We live in TX, USA. Can my new wrecked car be considered as a property damage involved in that accident? The other vehicle and driver are OK, only small dent on the rear bumper, but my new car was totally destroyed, not driveable, my insurance refused even go to look and inspect.
Schould I seek any legal help if his liability insurance refuses to pay? Is it possible to get any legal help in this situation? What to do and where to go? What to do with the car? It is still on the nearest to the accident parking lot. The property damage limit on his insurance is 25,000. I just bought my car few months ago for 20,000. Thank you for your time, I appreciate your help.
Unfortunatly your insurance company doesnt have to even bat an eye at your claim and there is nothing you can do about it. Your policy stated that this person will not be driving your vehicle as you advised them. No legal action can be taken. m Sorry… you are SOL in that area.
The drivers liab policy doesnt cover your car either. Liab ins covers the other car when the driver is at fault. As in this case. Again.. no legal action can be taken by you to the drivers ins company.
Unless you want too try to get the money from the driver of your car directly and if he/she refuses to pay you may take them to court.
Unforatunatly there isnt any way for an ins company to take car of your car. Your best bet at this point is to fix it out of your (or the drivers) pocket. Or sell it to a auction yard. You will get only what is worth for parts… so it wontr be much. And if you are making payments on it you will continue to owe the rest.
Maybe the person whos fault the accident is can take over the payments?? Just a thought. And likely the only way you will get any compensation.
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EDIT : 2nd post doesnt have a clue. NO atty would take this case and Personal Injury Lawyers are just that. Unless you plan on sueing the person who drove your car, dont waste your time.