What does open non-monetary issue mean in Michigan?
An open non- monetary issue means that the state does not hold any judgment against the applicant or the applicant’s spouse or domestic partner. Examples of open non-monetary issues include divorce, bankruptcy, and crimes for which the applicant has been found not guilty or for which charges were dropped. In addition, open non-monetary issues include tax liens, civil suits, or other matters that were not resolved before the applicant’s DUI/OWI-related traffic case.
What does open non-monetary claim mean in Massachusetts?
In Massachusetts, an open non-monetary claim is one where the claim has been filed but no money has been collected. The insurance company may not write off the claim yet. The reason for this is that it is possible for the insured to file a lawsuit. If the insured wins the lawsuit, the insurance company will be liable for the costs. However, if the insured does not file a lawsuit, there is nothing to recoup.
What does open non-monetary claim mean in Texas?
In Texas, an open non-monetary claim is pretty much the same as an open non-monetary issue. An open claim is any insurance claim where the amount of the claim is still unknown. It's the most generic type of claim, and it often refers to injuries or damage that are so extensive that it will take a long time to determine the appropriate amount that should be paid for the claim.
What does open non-monetary claim mean in Michigan?
An open non-monetary issue is one where the insurance company and the claimant are still working to resolve the claim. Typically, the parties are working towards a fair settlement. The claimant might submit documentation or medical records or submit a revised claim. The insurance company might present the results of an investigation. There might be negotiation to find a fair price for the damage claim.
What does open non-monetary claim mean in Tennessee?
In Tennessee, “open non-monetary issue” is defined as “a claim for which a declaration of liability has been made but no monetary payment has been made or is reasonably expected to be made in the future. Examples of open non-monetary issues include a claim for personal injury or property damage.”