I reciently got into a car accident where I rearended someone. I was inbetween jobs at the time and I paid the insurance late, and was told that I WAS NOT INSURED AT THE TIME OF ACCIDENT. I have no credit, credit cards, and own a $2k truck. I rent a room from a home owner........My question is what will happen to me? Will his insurance supina me to court and sue, and even if they don't sue and just attempt to collect the approx. $4k in damage, CAN THEY GARNISH MY WAGES? Besides this incidnet, I have a safe drivers and haven't gotten into an accident in about a decade! Any advice would be greatly appreciated. Thank you.
2007-12-11 17:21:30 · 9 answers · asked by Jason S 1 in Cars & Transportation ➔ Insurance & Registration
Thats really awful that they said you weren't insured. My insurance company has a grace period just in case your payment was late or came up missing. Its not something they would let you get away with constantly though. You would have to have a good track record before, no late payments. I guess they just figured its bound to happen sometime.
I'm sortof going though some of this stuff myself although I'm on the other side! A guy hit me head on and his insurance is really crappy, not enough to cover my medical expenses. I don't feel I should have to pay for bills that the other guy caused! I don't know what really will happen with the guy that hit me.
I do know that if the other guys insurance has to pay then his insurance company very likely will sue.
Sorry I dont have any more to offer. Good luck!
2007-12-11 19:52:32 · answer #1 · answered by David B 4 · 0⤊ 1⤋
My first wife rear ended someone once and we didn't have insurance. His insurance company will have their way with you, unfortunately. The truck she hit had a dented bumper and a broken tail light. I could have fixed both for less than $200, which I offered to do, but his insurance was adament that he had the right to take his vehicle to a body shop of his choice, so then I got a bill from his insurance company for $2000! I didn't have the money to pay it outright, so I worked out a payment plan with his insurance company. Basically, I paid $50 a month for a long time, but it was interest free. I feel bad for you, but unfortunately, the repair will probably cost you more than you think it's worth. I would try to work out a payment plan and just chip away at it. As big of a rip off insurance is, you surely can't afford to be without, especially in today's day and age.
2007-12-11 18:22:35 · answer #2 · answered by Andy S 2 · 2⤊ 0⤋
sorry for the accident / stressful around the holidays i'm sure. the person probably won't sue you but their insurance company will probably try it. did you get a cancellation notice ? perhaps you should speak to some attys for a consultation (they don't usually charge for quick phone consults) and figure out if you can do anything about your own insurance company cancelling you for late payment. did they accept the payment you paid late / did that cause a lapse in insurance ? it sounds fishy to me. atty can also advise you of what exposure that you have and how you should best handle it . maybe set some payments up ? not sure what they will advise. you will also have some problems with the ticket / in not having insurance at the time possibly. ask and see how the best way to handle this is . good luck
2007-12-11 17:39:51 · answer #3 · answered by Mildred S 6 · 1⤊ 0⤋
When you say you paid your insurance late what do you mean. Did you send your check in lat by mail? Or did you hand deliver the check to your insurance agent? The payment would have a date stamped on the envolope. Also the check will have the date stamped on it when it was deposited. If you indeed handed the check to your agent or cash. You are fully covered. If you mailed your check in after the accident then you where not covered. However in some states you have a grace period. Check with your local insurance comissioner and see what the required grace period would be. If not the car you hit will be covered by uninsured motorist. You may be fined and required to file a sr22 for a year or so. Best of luck hope this may help
2007-12-11 21:02:11 · answer #4 · answered by Big Deal Maker 7 · 0⤊ 1⤋
I work in insurance claims and what I see mostly is....assuming no on is injured....you pay it off. Stay on top of it and make an arrangement with the insurance company to pay. If you fail to make payments it will go into collections. The way the insurance company sees it...you are at fault....you need to pay either personally or through your insurance. Its a cold policy driven field. I do feel for you though....hang in there and pay it off.
2007-12-11 23:22:58 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you are going to be held responsible for paying for the damages caused to the other vehicle. If you make payment arrangements with the insurance company of the other driver you can avoid having to go to court and they will pay out to fix the other car and will be reimbursed by you. It will keep your credit good and keep them from seeking more than just the cost of the repairs and medical bills that were incurred. Otherwise the other party has every right to use any means necessary to be compensated for their loss.
2007-12-12 01:31:31 · answer #6 · answered by kel_tg 2 · 0⤊ 0⤋
Eventually, they'll sue you. They'll win, and they'll garnish your wages, for the $4k, plus court cousts and interest.
2007-12-11 23:33:40 · answer #7 · answered by Anonymous 7 · 0⤊ 0⤋
More details needed
2016-07-30 08:50:56 · answer #8 · answered by ? 2 · 0⤊ 0⤋
I was here on Yahoo Answers for something unrelated, then this question was shown on the sidebar...
2016-08-26 11:14:52 · answer #9 · answered by Anonymous · 0⤊ 0⤋
THIS HAPPENS SO MANY TIMES AND I WILL KEEP IT VERY SIMPLE AND SHORT.
YES AS YOU KNOW YOU ARE RESPONSIBLE FOR ANY AND ALL DAMAGES AND YES THEY WILL GARNISH YOUR WAGES UNTIL THIS HAS BEEN COMPLETELY SATISFIED AND YES YOU HAVE TO GO TO COURT.
2007-12-12 02:35:13 · answer #10 · answered by Anonymous · 0⤊ 1⤋