If you are involved in any type of motor vehicle accident, it’s good to know that you have a comprehensive car insurance policy in place.
Of course, this doesn’t mean that your car insurance company will comply with all your requests.
When it comes to making a car insurance accident claim, there are things you need to do. For example, you shouldn’t hesitate to contact your agent to report the accident and share basic details.
Conversely, there are things you should never do. Consider the following:
— Don’t give a written or recorded statement until you are familiar with your coverage.
— Don’t accept the appraisal of losses provided by your insurance company. Insurance companies will try to get you to accept their first offer. Also, they’re in the business of making money, which means the best offer isn’t always presented the first time around.
— Don’t sign anything. You should never sign a document from your insurance company until you are completely sure of what you’re doing.
— Don’t accept a payment marked “final payment” unless you are sure that you’re ready to put this in the past.
Last, but certainly not least, keep in mind that you have a contract with your insurance company. By law, they are obligated to provide the coverage outlined by your policy.
Although you’ll have lot to think about after a car insurance accident, don’t overlook the importance of communicating with your insurance company. As long as you know what you should do, what you shouldn’t do and where your legal rights come into play, you’ll feel good about what’s to come.
Source: FindLaw, “Car Insurance Claims: Dos and Don'ts,” accessed Jan. 02, 2017