- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Flooded car insurance question
Posted on 8/28/16 at 12:13 pm
Posted on 8/28/16 at 12:13 pm
If a car is "totaled" in a flood and the insurance pays out the max available, doesn't that cause a premium increase the same as if it were involved in a road accident? It seems like it would, especially because in the example I heard about recently, the insurance company reported the flood to ford motor credit as an "accident."
2
Posted on 8/28/16 at 12:20 pm to baybeefeetz
shouldn't, because it goes against comp and not collision.
it's considered "not at fault" for the owner.
it's considered "not at fault" for the owner.
Posted on 8/28/16 at 12:22 pm to Nutriaitch
Thanks. Is "accident" the correct designation? Or is there another name for it in the insurance biz?
Posted on 8/28/16 at 12:32 pm to baybeefeetz
I think State Farm told us it would not affect the rates/cause a premium increase because this was considered a loss caused by a catastrophe.
Posted on 8/28/16 at 12:37 pm to Dorothy
I think you're right. Thanks. /thread.
Posted on 8/28/16 at 12:52 pm to baybeefeetz
Occurence is the word they would probably use.
Posted on 8/28/16 at 1:51 pm to Nutriaitch
quote:Yep. But then there's the idiots on this board who's brains are on vacation but their mouths are working overtime.
it's considered "not at fault" for the owner.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News