Motorcycle Attorney Insurance Claims

Question 1

What is the difference between 'first-party' and 'third-party' insurance claims in a motorcycle accident?

Accepted Answer

First-party is a claim against your own insurer; third-party is a claim against the at-fault party's insurer

Answer

First-party is a claim against the at-fault driver; third-party is against your own insurer

Answer

They are the same type of claim

Answer

First-party involves government claims; third-party involves private claims

Question 2

What is 'underinsured motorist' (UIM) coverage designed to do?

Accepted Answer

Pay the gap when the at-fault driver's liability limits are insufficient to cover your damages

Answer

Cover damage when your own motorcycle is underinsured

Answer

Replace stolen motorcycle parts

Answer

Cover medical bills for passengers only

Question 3

What is an insurance 'policy limit' and how does it affect a motorcycle accident settlement?

Accepted Answer

The maximum dollar amount an insurer will pay for a covered claim

Answer

The maximum number of claims you can file

Answer

The geographic area where coverage applies

Answer

The deductible amount owed by the policyholder

Question 4

What is 'medical payments' (MedPay) coverage on a motorcycle policy?

Accepted Answer

Pays medical expenses for the insured rider regardless of fault

Answer

Covers only the at-fault driver's medical bills

Answer

Pays for motorcycle repairs after an accident

Answer

Covers medical malpractice by treating physicians

Question 5

What does it mean when an insurer offers a 'reservation of rights' letter in a motorcycle accident claim?

Accepted Answer

The insurer is investigating and reserving the right to deny coverage later

Answer

The insurer is guaranteeing full coverage

Answer

The insurer is settling the claim immediately

Answer

The insurer is transferring the claim to another company

Question 6

What is 'bad faith' by an insurance company in a motorcycle accident claim?

Accepted Answer

Unreasonably denying or delaying a valid claim in violation of the insurer's duty to act fairly

Answer

Paying a claim too quickly

Answer

Offering the policy limit without negotiation

Answer

Assigning a new adjuster to a claim