Process of Making a Claim on Your Car Insurance Policy
Understandably no one purchases auto insurance with the anticipation of suffering losses and claiming on the policy.
But you can not predict what happens while driving on the road.
You would be highly fortunate to go through a lifetime claim free as almost all motorists would face at least one loss at some point.
Expectantly your insurer would be there to compensate you.
In the meantime you might like to familiarize what happens during the claim process.
Usually small claims are handled quite fast particularly when there is no other party affected and injured in the incident.
Insurance firms would need to maintain their drivers satisfied and save on the cost of administration for negligible damages unless they suspect foul play.
After reporting an accident you would get a form for your claim.
You are required to give the details of the crash and attach additional documents and sketches.
Insurance company would appoint a loss adjuster when the claim is noticeable, other motorists involved and especially there are injuries.
Loss adjuster would work to find whose fault it is and assess the loss faced.
Ultimately he would try to resolve the matter amicably.
When there are serious injuries police would have done an investigation.
If not they prefer that it is resolved between the parties or insurance companies.
Each concerned insurance firm would have gathered statements from their insured and compare notes.
If you have a fully comprehensive coverage your damages would be settled either by your insurance firm or insurance provider of any party at fault.
If there was injuries settlement depends on which state you live, what sort of injury policy you carry and extend of injuries.
People who reside in no-fault states must have personal injury protection (PIP), which covers the cost of the insured's injuries up to the policy limit.
Other than that faulty driver would have to meet the cost of injuries too.
If you have inadequate cover and the damages you have given are larger than your cover you might be sued by the injured individuals, parties suffered material losses due to your fault or by their insurers.
You or your provider may do the same.
Motorists should ask for additional guidance from their insurance companies if they do not understand the process.
In fact they might appoint their own loss handler to deal with the claim and communicate with the insurance provider if they prefer so.
But you can not predict what happens while driving on the road.
You would be highly fortunate to go through a lifetime claim free as almost all motorists would face at least one loss at some point.
Expectantly your insurer would be there to compensate you.
In the meantime you might like to familiarize what happens during the claim process.
Usually small claims are handled quite fast particularly when there is no other party affected and injured in the incident.
Insurance firms would need to maintain their drivers satisfied and save on the cost of administration for negligible damages unless they suspect foul play.
After reporting an accident you would get a form for your claim.
You are required to give the details of the crash and attach additional documents and sketches.
Insurance company would appoint a loss adjuster when the claim is noticeable, other motorists involved and especially there are injuries.
Loss adjuster would work to find whose fault it is and assess the loss faced.
Ultimately he would try to resolve the matter amicably.
When there are serious injuries police would have done an investigation.
If not they prefer that it is resolved between the parties or insurance companies.
Each concerned insurance firm would have gathered statements from their insured and compare notes.
If you have a fully comprehensive coverage your damages would be settled either by your insurance firm or insurance provider of any party at fault.
If there was injuries settlement depends on which state you live, what sort of injury policy you carry and extend of injuries.
People who reside in no-fault states must have personal injury protection (PIP), which covers the cost of the insured's injuries up to the policy limit.
Other than that faulty driver would have to meet the cost of injuries too.
If you have inadequate cover and the damages you have given are larger than your cover you might be sued by the injured individuals, parties suffered material losses due to your fault or by their insurers.
You or your provider may do the same.
Motorists should ask for additional guidance from their insurance companies if they do not understand the process.
In fact they might appoint their own loss handler to deal with the claim and communicate with the insurance provider if they prefer so.
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