Car accidents result in thousands of deaths every year. You’ve just had your first accident and you are still shaking. Luckily no one was seriously hurt when you ran into the back of that fancy but stationary Lexus at the traffic lights on maple Street. This is the time when you get to test the cheap car insurance you bought back when you got the car. You were warned not to take the cheap car insurance, but you did check out the company and were satisfied. In addition, you were offered a special deal by the agent who promised that you would never be at a disadvantage because of the cheap car insurance policy.
You have to fill out your claim form. Now you will find out just how good your cheap car insurance company really is.
The following are your actions:
o Attach a copy of the police report.
o Secure at least two car repair estimates if your car is totaled.
o Present estimates and allow your car to be photographed.
o Present bills for storage and towing cause.
o Ask your agent to help arrange a temporary substitute vehicle if you have rental reimbursement coverage.
o After filling your claims against the party at fault, you can also file a claim against your insurer. Filling a claim against the latter requires patience and hard work. The following are essential do’s and don’ts that will guide you.
Do’s
o Contact your insurance company immediately after the accident.
o Read your insurance policy thoroughly.
o Get details of the accident. Photograph the damaged vehicle; get contact numbers of witnesses.
o Make a note of the other party’s insurance details.
o Keep written records of conversations with the insurance agent and other people.
o Keep receipts and bills of all expenses incurred.
o Be honest to your insurance collector.
o Consult a car accident insurance lawyer.
Dont's
o Do not admit liability. Just stick to the facts.
o Do not give anything in writing to your insurance officer.
o Do not let any time limit of your insurance claim runs out.
o Do not sign anything that is a release or a waiver of anything. If you are ask to sign check with an attorney.
o Do not accept a final payment unless you are sure that is fair compensation for your claim.