Question on insurance & loss of use

Olivia425 · Postby **Olivia425** » October 8th, 2011, 10:13 pm

Wanted to find out what is the maximum no. of days an insurance company would pay loss of use for and how much is it per day?

wagonrunner · Postby **wagonrunner** » October 8th, 2011, 11:08 pm

tends to be stipulated in your policy.

Olivia425 · Postby **Olivia425** » October 9th, 2011, 12:37 am

in the case where the other party is wrong & their insurance company has to pay..?

Olivia425 · Postby **Olivia425** » October 20th, 2011, 10:17 pm

for those who interested...

loss of use usually amounts to approx. $50 per day, for a max of 10 days. if the person has to rent a car (like for work use) this can be recoverable but these instances are thoroughly investigated before payment is made.

wagonrunner · Postby **wagonrunner** » October 20th, 2011, 10:30 pm

Olivia425 wrote:for those who interested...

loss of use usually amounts to approx. $50 per day, for a max of 10 days. if the person has to rent a car (like for work use) this can be recoverable but these instances are thoroughly investigated before payment is made.

no it doesn't. that's what you got.
it varies from company to company, and policy to policy. so you need to ask what you're paying for.

ex. 1 policy had it @ $100/day for 10 working days.
another had it @ $200/day for 2 weeks.