Be proactive to deal with Insurance companies after an accident
Cars are an important part of our lives. But no denying the fact that with cars there are a lot of risks. You can end up injuring yourself or somebody else, monthly wear and tear etc. For everything you need money and that is the reason insurance companies are there. Auto insurances are designed to provide financial protection to the insurer in case of any problems. However, taking out money from insurance company pockets is not easy, especially if you are filing a claim for personal injury. Here are some tips that can guide you through your third party claim process:-
Gather all the necessary information possible – Your biggest task after an accident is to collect all necessary information as fast as possible. In any kind of personal injury claim, there are two parties involved. The first party is the one filing the claim and the other is the at-fault party. After an accident, the at-fault party needs to inform their insurance company about the accident. However, most of the people are reluctant to report them. But as a victim, you should inform your insurance company so, that they can follow up with the third party claim. Some of the crucial information that you can collect on your behalf is:-
- Name and address of the at-fault party
- Details of insurance company and policy information of the driver
- Details of witnesses on the accident scene
- Pictures of the accident scene.
Be proactive in reporting the accident – After the accident, you would need to call the local police, paramedics, inform your insurance company as well as the at-fault party’s insurance company. When contacting the third party insurance company, make sure you only provide facts even if you are sure that the other person was at fault. Insurance companies would anyways do their claim investigation to ensure that it was their insurer fault.
Look to your insurer if nothing works – There could be a possibility that the at-fault party might not have any auto insurance. In such case, you would need your insurance company to pay for the damages. But this is only possible if you have the right coverage. Uninsured motorist coverage would pay for your vehicle damages at least.
Understand your coverage – Your job is not only to make timely premiums, but also to know what exactly you are paying for. Many insured’s feel that taking an insurance policy is enough to cover everything. But that is not the reality. There is a separate insurance for each and everything and hence, you need to have a thorough understanding of what all damages your insurance company cover in your policy would.
Gather information on your state personal injury law – Personal injury laws vary from state and state and you should be aware of them. Every state has their own unfair claim settlement practices under which you would know depending on various aspects of personal injury law, how much compensation you deserve and by when should you receive it.[/vc_column_text]