Car insurance claim: 5 things you need to know about it

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What to note about at-fault car accident claim.

If you had an at-fault accident, you can file a claim about it. However, note your next insurance premium will reflect the price of the claim, because, your premium is band to increase greatly for an at-fault claim filed.


·         Claims that are classified as comprehensive insurance claim.

Any damage made to your property by of the following; a fire, theft, deer and vandalism is considered a comprehensive insurance claim.

However, damage caused by a vehicular collision is not consider a comprehensive insurance claim. Such claim would be decline under comprehensive claim.


·         What you can  do after a total loss accident?

first, Contact your insurance agent.

Contacting your auto insurance company is the first step you need to take in other to progress with the filing of your insurance claim to get your money as fast as possible.


·         After you file an insurance claim, you might either repair or not repair you car by yourself.

If you want to continue with full insurance coverage on your car, you do need to get the repairs completed by yourself.


In contrast, if you do not want to carry a full insurance coverage anymore and no loan on the vehicle then it’s your choice whether to make the repairs or not.


·         How multiple insurance claims are handle.

  Many  insurance companies  will non-renew your policy for a multiple insurance claim within the contestability period of three years.



 If your claim is a comprehensive claims, you can be surcharge by some auto  insurance company. Even if you are filing  multiple insurance claim within the contestability period.

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Here Is The Filling Procedure For An Auto Damage Claim

It is one thing to have an insurance cover, it is another thing to know how to file a property damage  claim. A property damage claim can be either to your insurance agent or the other parties insurance agent.  In this article, you will learn  a step by step procedure to filling auto damage claim.

Filling Claim For At-Fault Damage

1. Give  your insurance policy to the owner of the damage automobile.

2. Obtained detail information of the damage vehicle. 

3. You might take a photo of the damage motor for future reference incase of dispute.

4. Contact your insurance agent for the claim .If both of your cars yours and the other person’s car was damage in the process, your insurance company will move to action to repair your damage vehicle depending on insurance cover, meanwhile, while  your insurance company will have to notify and call their attention of the owner of  the damage property before paying for his property damages.

5. You will need to pay your deductible in other to carry out repair on your car. But , you are not required to pay any deductible to carry our repair on the other person ‘s damage vehicle .The most determine factor is the kind of coverage you opted on your car insurance policy.

NOTE;

If you have an at fault claim filed, it will definitely reflect in your premium as it will scale high due to a recalculated  premium  renewal 

To avert this from happening  to you ,all you need to do is to purchase an accident forgiveness  previously to the time you had an accident.

• You are not at fault , Another property owner damage your car

In this instance when your property was damage by another person, there are two ways to file your claim, these are

1. When you know who damage  your  vehicle

2. When you don’t know who damage your vehicle

Filing claim: When you know who damage  your  vehicle

 Obtained the full details information about the insurance company of the person who cause damage to your vehicle.

Contact your insurance company for assistance.

You will not pay a dime from your pocket as long as the person whom caused you damage admits  he does &all claim handle by his insurance company  under is insurance coverage.            

                                   

Filing claim: When you don’t know who damage  your  vehicle

If this should happen to you, the options here include,

1. Paying  to cover the damage by yourself

2. Making use of a collision coverage on  your auto insurance policy.( In this case 3. your deductable will be applicable)

3. In the instance of damage to your home by a vehicle, your home owners policy would cover the damage and will not  required deductable

Your insurance agent and customer service representative could also be a source of helpful information for you in times of how to file an auto damage claim.

 

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The disadvantage of a multiple auto insurance claim

                    

There is no crime in you having a multiple insurance claim, however you need to be wary about multiple insurance claims if it occurs between a three year frames.

The frequency and type of claim you fill matters to insurance companies, because, insurance companies look at your claim history within a three year frame.

I want you to know if you file  a multiple insurance claim either at a time or at separate times within a three year period will greatly affect your insurance premium.

In situations when your vehicle is damaged at two separate times by two separate causes, your deductible will apply to each occurrence. The only exception is during storm damage.

When you have two AT-FAULT claims by the same driver within a time frame of three years,  it  could make your insurance claim to be nullify by your insurer.

In the advent of A NOT-AT FAULT claim, such claim will handle by the other party’s insurance policy.

Although by filling a multiple comprehensive claims would not affect your insurance monthly premium, but filing three or more comprehensive claims in three years could make your premium go up.

In a nutshell, tackling one claim is a whole less of stress, compare to  when you’ve got  multiple claims,  you could really be making things worse with lot of stress .

My  best and honest  advice for you  is to deal with one claim at a time, as a multiple claim has it’s own setbacks.

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