Auto Insurance Law

Archive for November, 2009

What is the SR-22?

The SR-22 is a certificate that you are have auto insurance. This is also necessary if you’ve been intricate in the any accident and had no auto insurance or if you’ve been convicted of earnestly drunk when driving a car. BMV in Maine will merely accept the SR-22 from auto insurance company that is certificated to sell auto insurance in Maine. Can own insurer strike out or decide not to renew my auto insurance in Maine?

First 70 days insurer can decide to end the policy for different reason that isn’t ban by law in Maine and including the next: if you don’t paying for award,cheat or distortion affecting the policy or require, if license of driver suspension.

Ending for any of the next reasons is ban by law in Maine: the age,information about credit .

The auto insurance company not returning all my reward after the policy was ended. What to do?

It can be because your scope protracted to the point paid for by antecedent reward, or you can be assessed a annulment punishment.Contact auto insurance company to know more details.

The juvenile just got the license. The auto insurance company has added this juvenile to policy. He’s not going to drive my auto. Can they do that?

You have many people in your family and it means every man can have an access to the household vehicles. The policy also includes every member of family as an insured over your policy.

Also auto insurance companies are only allow to charge for inhabitant which have the license of driver. A learner-driver cannot be direct added to your auto insurance.

Why is auto insurance rate highest for youthful drivers?

Youthful drivers have shown that have a greatest rate of damages and accidents, crime, and next auto insurance losses. Auto insurance rates are planned in a way that drivers who have bigger accidents or damages and losses paying higher rates and money than drivers with some losses and accidents. Why the previous auto insurance company registered the BMV when company ended the policy?




By: Eden Ali

Sr-22 is not a type of Florida auto insurance.  It is the name of the form used by auto insurance companies to certify compliance for persons required to maintain minimum limits of liability insurance.  The Sr-22 form is submitted by auto insurance companies to Florida’s Bureau of Financial Responsibility for policyholders who are mandated to submit proof of liability insurance.  

For most residents of Florida the minimum mandatory auto insurance, as indicated in Florida’s No Fault Law, is $10,000 of Personal Injury Protection and $10,000 of Property Damage Liability.  Bodily Injury Liability, indicated on an SR-22, in addition to the No Fault Law requirement is for persons who meet certain criteria.  Drivers who have caused injuries or received certain traffic violations, such as, driving under the influence, or suspension for too many points may require an SR-22.

Minimum Bodily Injury Liability limits to be in compliance with a Florida SR-22 are $10,000 per person and $20,000 per accident.  A combined single limit of liability in the amount of $30,000 would also fulfill the SR-22 requirement. 

The premium for Bodily Injury Liability insurance is the same from your insurance company regardless of an SR-22 filing requirement.  The only additional cost to the insured for the SR-22, in Florida, is a $15.00 filing fee.  However,  drivers who are required to file an SR-22 generally pay more than other drivers for their insurance premium due to the reason for the SR-22, such as, an at fault accident or a conviction for driving under the influence. 

Once mandated by the Bureau of Financial Responsibility to have on file an SR-22, failure to do so may result in your driver’s license and or vehicle license plate being suspended.  Reinstatement of your driver’s license and or license plate will only occur after certified proof of the required liability insurance in the form of an SR-22 is filed with the Bureau of Financial Responsibility.   Reinstatement fees will apply in addition to the $15.00 filing fee.




By: Clifford Schimek

More than 220 million motor vehicles clog America’s roads today, naturally that lead to and accidents, Accident can be least enjoyable moments of life, they are more of an incident, Know 8 steps to filing you auto insurance claim.

1.Understand your policy: The most important step is you should know about your auto insurance policy before you go for insurance claim. Understand your policy before a loss, read the insurance policy carefully and if you have any question call your agent or company to clear your doubts on what is to be covered in your insurance policy, understand the procedure of filing insurance claim.

2.Emergency Medical Treatment: Check if some one needs any medical treatment for major or minor injuries, Call 911 if some one has life threatening injury, don’t avoid minor injuries contact your family doctor or rush to any hospital for treatment, remember minor injuries can be major long lasting injuries.

3.Exchange information: Remember to exchange information when your are involved in an accident, exchange license plate number, contact information and auto insurance information, if driver will have insurance identification card with him that makes easy to retrieve most of the information, also provide above mention information to other party involved an accident.

4.Look for witnesses: Who are willing to tell what they saw at the accident place, get the contact information and phone numbers in case their account of the accident is needed.

5.File and Accident Reports: File an accident report and contact local law enforcement officers to have an accident report prepared. Incase the law enforcement is not available near to the accident place you can find detailed instructions on accident reports at all police departments.

6.Contact your auto insurance company: as soon as possible and notify them about accident. An insurance adjuster will review the accident report to determine who caused the accident. If the accident was not your fault, you can have either your insurance company or the at-fault driver’s insurance company handle the repair or replacement of your vehicle. If you use the other driver’s company, you will not have a claim on your automobile policy and you will not have to pay a deductible.

7.Is Damages are settled as per exception: Keep in mind don’t relieve your insurance company from the responsibility until your are not satisfied with the damages settlement

8.Think about following Settlement Factors:

* Body injuries: You can ask for monetary settlement for injuries caused by liable party, some injuries it can take several days to become apparent

* Damage: An insurance adjuster will assess the damage and the insurance company is responsible to pay the reasonable cost of repairs to your vehicle

* Appraisal clause: Most auto insurance policies include an appraisal clause, which can be used to help settle disputes about physical damage claims between you and your insurance company.




By: jameswatt