Getting into a vehicle accident is never a situation one chooses to deal with. However, many drivers will experience a few car crashes or minor accidents in their lifetime. For those who have auto insurance, after an accident or other damage has occurred, you should look into filing an auto insurance claim. What instances warrant a claim? Do I need to file a claim if the damage is minor? We will answer these questions and more in the article below.
When You Caused Damage To Someone Else’s Car Or Property
Car accidents often involve damage to your vehicle, someone else’s vehicle, or other property (bike, fence, building, etc). Filing a claim when there is damage to a car or other property will ensure that each party’s rights and responsibilities are laid out clearly. Your insurance agent and the other party’s agent will work together to get each of you the coverage and monetary compensation you need. Even when the damage is minor, going through the claim process can help avoid legal battles if the other driver refuses to pay.
When The Cost Of Damages Exceed Your Deductible
When the out-of-pocket cost exceeds your deductible, you should file an insurance claim. Serious damage will be more than your out-of-pocket cost and if this is the case, your insurance could help you cover replacement of property or car repairs. Filing a claim with your insurance company can help you from paying more than necessary.
Certain claim types like collision coverage will pay almost the entire amount of the damage or replacement when you file an appropriate claim. Filing a claim will help save you money in the long run.
When Someone Hits Your Vehicle
When someone hits your car, whether they are at fault or not, filing an insurance claim will help repair any dents, paint chips, scratches, or other damages without any payment out of your personal account. Before filing a claim, make sure to take photos of all the damage to your vehicle. Make sure the photos are in good lighting and the damage is clearly visible for your insurance agent. Even when you are shaken up after the accident, getting clear photos and videos of your vehicle and the other party’s vehicle is important. Keeping a checklist in your car or phone will keep you clear-headed during the adrenaline rush.
When You, A Passenger, Or The Other Party Was Injured
When an accident involves injuries, filing a claim is even more important. The insurance company needs to have a well-rounded understanding of any injuries, medical costs, and other bodily concerns so that they can provide enough coverage after an auto insurance claim. Even if injuries are not on the surface level, they could appear after the accident and affect your daily life. When you neglect to file a claim, those who experience injuries like whiplash, muscle strains, or internal bleeding may not be compensated.
How To File An Auto Insurance Claim
Each insurance company will have its own process for filling a claim, but some elements will always be the same. Taking photos, getting the other person’s insurance information, and the type of accident that occurred.
There are first-party claims and third-party claims which will involve different rules and filing procedures. First-party claims have a list of rules and obligations that your insurance company must follow. You will have direct contact with your insurance company to work out compensation details and changes to your deductible. Third-party claims refer to the insurance company of the other person involved in the accident. You will not have contact with the insurance company and they will fulfill their obligations to the policyholder, before anything else.
Most companies have about 30 days to either accept or deny your auto insurance claim and proceed from there. Your company should contact you about any issues with the claim during this 30-day period. They may ask for your statement of the accident, how you would like to be compensated, and talk over your coverage options that can help cover the cost of damages.
Finding Comprehensive Auto Insurance
Tower Insurance Brokers can help you find the best auto insurance for your specific needs. Auto insurance can provide you with peace of mind as you travel, commute to work, or move to school in another state. Auto insurance will be able to help compensate you for car damages, medical bills, and emotional damages. Auto insurance can also pay for a rental car while your car is in the shop. Finding a company that cares about you is important to our brokers. Reach out to us to find the best policy and most affordable price.
Leave a Reply