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The Obligations Of Insurance Companies Confronted With Compensation Requests By The Victims Of Damages To Property Or Wellbeing

Author

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  • Tudor Oniga

Abstract

Many times, insurance companies and agents, during the administrative procedure opened by the individuals who have suffered damages after car accidents, do not fulfill their legal obligations towards the compensation requests filed or do so in a poor fashion. As a result, car accident victims are forced to sue the insurers to receive their damages, also having to add the expenses inherent to court trials to their losses. This text aims to analyze the stages and the content of the administrative procedure, respectively what the obligations of the insurance companies and agents are in regard to the victims’ rights to claim compensation and the legal consequences of not fulfilling their legal requirements.

Suggested Citation

  • Tudor Oniga, 2016. "The Obligations Of Insurance Companies Confronted With Compensation Requests By The Victims Of Damages To Property Or Wellbeing," FIAT IUSTITIA, Dimitrie Cantemir Faculty of Law Cluj Napoca, Romania, vol. 10(2), pages 194-201, October.
    • Handle: RePEc:dcu:journl:v:10:y:2016:i:2:p:194-201
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    More about this item

    Keywords

    Insurance; victims; compensation; notification; procedure;
    All these keywords.

    JEL classification:

    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General

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