Personal Auto PolicyCâu 426 / 474
Under the general provisions, the insured may not bring legal action against the insurer until:
a.The insured has complied with the policy terms
b.The insurer has denied the claim twice in writing
c.An independent appraiser has valued the whole loss
d.A regulator has reviewed the claim file
Giải thích
The legal action condition bars suit against the insurer until the insured has complied with all the terms of the policy, which is why the Part E duties carry so much weight. A second written denial and a regulator's review of the file are not preconditions the contract sets. Appraisal resolves a dispute over the amount of a loss and is not a gateway to every lawsuit.
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Câu hỏi liên quan cùng chủ đề
- The policy territory of a personal auto policy covers accidents that occur in:
- The insurer pays a $6,000 collision claim and then pursues the at-fault driver for that money. This right is called:
- Two personal auto policies issued to the same named insured by the same insurer apply to one accident. The maximum payable is:
- The towing and labor costs endorsement on a personal auto policy pays for:
- A driver who owns no vehicle but often rents and borrows cars should be sold:
- To bring a motorcycle or a motor home under a personal auto policy, the producer adds:
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