No text or picture Add-ons were added yet. How sad!
Insurance
PHANTOM MOTORISTS
Struck by A Hit & Run Driver?
Irwin Kramer: Can you sue when the hit and run driver got away?
John Doetzer: You're not at a luck; you still have the opportunity to present a claim, either under your Physical Damage Coverage or under Uninsured Motorist Coverage.
Irwin Kramer: The benefit of going with an Uninsured Motorist Claim is that you don't get surcharge, you don't have to pay through the nose for the next three years.
John Doetzer: It's not a chargeable accident against your future premiums.
Irwin Kramer: But if it's a Collision Claim and not filed as an Uninsured Motorist Claim, those surcharges may very well apply. And that could mean very serious dollars for you down the road.
There are people who try the scan the insurance company by saying it was a Phantom Motors, it was a hit and run, when in fact it was a single collision, they ran off the road themselves, without any help from another driver.
David Pisanic: Now a days with accident reconstructions we can tell usually pretty carefully and clearly what happened in an accident. Where were your damages on your vehicle? What did you hit? Where there skid marks? You can look at pictures of damages to a vehicle and you can tell from what angle they were struck. What probably struck them? How fast the vehicle was traveling to struck them, whether or not it was a vehicle.
Irwin Kramer: Bogus claims are usually pretty easy to spot.
David Pisanic: You got to make sure that you have something that's going to be believable because the insurance company is going to have a lot of evidence that they are going to be able to rely on to show that this was not a Phantom vehicle.
Transcription by:
Scribe4you Transcription Services