Car accident insurance is also known as collision coverage. It is a policy that will cover an owner’s car in case an accident is met, regardless of who is to blame. Consider yourself responsible if you are covered by this policy. This will actually complete a comprehensive car insurance coverage and it is something necessary and will save you precious money, just in case. There are two scenarios for claiming this insurance. Your insurer will reimburse or pay for all expenses incurred for the car repair, or if your vehicle is beyond repair, you will be given money to buy another car as a replacement. This sounds like a risky product for insurers to offer. That is why they screen the applicants and may quote higher rates for high risk drivers.
Claiming for car accident insurance can be as stressful as getting into an accident. The key is to always have the right mind and not panic at the time of a mishap. It will also be helpful if you know your policy well-enough and you are familiar with the claims section. There are steps which can guide you for faster settlement of claims.
First and foremost, it is important that a medical record be made immediately after the collision. Undergoing a medical check-up in a hospital will prove to be a wise decision in this process of claiming. This will also ensure that you and your passengers are in stable condition. Delaying this step will make the insurer think twice about your case because they will consider you suspicious.
Second, is to inform the company which listed your car accident insurance. You will be required to submit a detailed incident report. Providing photos of the damaged car and medical certificates is necessary. It would also be helpful if you have witnesses to back-up your story. It is a given that these eye witness accounts are verifiable and true, otherwise your claim may be denied. Submitting fraudulent claims documents may get you blacklisted in the future. When everything is already with your insurer, the last step is to monitor the progress and make sure that you will get full reimbursement or coverage. Some companies are wise to limit payouts. They will look for loopholes just to be able to save their company some money.
Another common piece of advice is to seek the services of an injury lawyer when claiming for car accident insurance. An expert advisor will help you settle faster. Your attorney should know the best way to close the deal with your best interests considered.