How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver.

How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver.

Postby Radek64 » Sun Mar 08, 2009 11:37 pm

How can you negotiate with car insurance agency after a wreck that was caused by you if you have no insurance to cover the other driver? Are there any legal ramifications?
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Re: How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver. Yes there are a lot of legal ra

Postby muromco » Mon Mar 23, 2009 4:54 pm

Yes there are a lot of legal ramifications. Suspension of your drivers licence for one. A Hugh fine. Car is impounded until you show proof of insurance.

Then you will need to file a sr22 form for an entire year or more.

The other car at this point is insured. It is called uninsured motorist. After you pay all fines, fees, etc. maybe it would of been cheaper in the long run to have purchased the insurance.
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Re: How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver. There's not much to negotia

Postby medicukr » Tue Mar 24, 2009 4:42 am

There's not much to negotiate. You owe the other driver, for their damage and bodily injuries, in full. Period. That insurance company will take you to court and garnish your wages. You can't "sette", for example, for $.50 on the dollar. "Settling" will come after they go to court and try to collect. It might take 4-5 years of them trying to garnish wages unsuccessfully, before they sell the debt off to a collection agency that will be willing to settle.
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Re: How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver. what is it you want to negotiat

Postby gorntorrin » Wed Mar 25, 2009 2:04 am

what is it you want to negotiate on? you are at fault, you pay. one way or the other. they will turn it into their insurance company and their insurance company will come after you for payment. pay up!
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Re: How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver. If you caused an accident and h

Postby violetgorman » Thu Mar 26, 2009 12:46 pm

If you caused an accident and had no insurance - the other driver will be able to file an uninsured motorist claim. Their insurance company will pay for all the things yours would have (if you have insurance).



Then the other driver's insurance company will turn the matter over to their subrogation department. The Subrogation department will contact you about paying them back. Do not ignore them - they can have your drivers license suspended, sue you or turn you over to collections.



However, the subrogation department will be willing to set up an interest free payment plan for you to repay them for all they paid their driver. Most likely they will want at least $100 per month - until the debt is paid in full. If you miss payments - they suspend your license, sue you or turn you over to collections.



The other thing you can do - is see if the subro dept will accept a lesser lump sum. For example: you owe them $10,000 - they may be willing to take 7,000 if you pay it as a lump sum. They would rather get a little less all at once - than collect the full $10,000 - 100 dollars at a time.



Can you dispute the amount they want? No - not really. They paid it - you owe it.



** not legal advice **
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Re: How can you negotiate with car insurance agency after a wreck if you have no insurance to cover other driver. Basic liability insurance will

Postby offiteBok » Sun Mar 29, 2009 4:48 am

Basic liability insurance will cover the other driver up to your limit. Did you have any auto insurance? If not, you are in deep !#$$$. If you do than it should already be covered.
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Re: How can you negotiate with car insurance agency after a

Postby stevenricherd » Mon May 28, 2012 6:03 am

For most of the time, we have to rely much on the car insurance coverage that has been not so good in terms of low cost.

commercial insurance
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