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Do you feel you have adequate insurance coverage in all areas that are important to you?
Half of one million people each year are injured in motor accidents and are entitled to compensation. Many of these people are unaware of the rights they have or are even unaware of how to make a claim to this compensation. Unfortunately, these people lose out on money due to them for pain and suffering.
The steps to making an appropriate claim begin immediately following an accident. After an accident, the policyholder must inform their insurance agent right away. Usually insurance claims offices have emergency claim help line numbers or a 24-hour claims assistant number. The staff helping with your claim will take down the details of the accident, including date and time, location, as well as damage and/or injuries incurred.
While the insurance representative is taking this information, they will check that cover is provided under the policy and give information on how to proceed with the claim, offering advice and guidance. When checking this information, the claims agent will make sure that the vehicle and driver were authorised under the policy. Also, the claims agent will check to see if any details of the accident exclude cover for any repairs.
In checking this, the agent will determine whether all damages arising from the accident are covered by the insurance policy. This would include checking for comprehensive cover if the policyholder sustained damage to their own vehicle. If the insured only had just Third Party or fire and theft, the damage to the vehicle would not be covered by the claim. The final step is ensuring the policyholder is up to date on payments of premiums, and that they are paid in full. The insurer will also satisfy that all information given in regards to the accident is complete and accurate.
These claims can be completed over the phone, giving a verbal statement. This process helps decrease the need for written claims, which can be time consuming for the policyholder and the insurer. Written claims are still necessary in certain circumstances, such as serious injury and/or property damage.
Insurers will also require an estimate of damage from approved garages. Use of approved garages will expedite the process of the claim by reducing paperwork, and they are also more cost effective and efficient for the insurance company. If the car is immobile due to damage, the insurer will usually cover the cost of removal and relocation by way of towing.
02 Aug 2007
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06 Aug 2007
People have auto accidents every year and do not get the sum due to them for pain and suffering largely because of lack of education. Research is important to further your knowledge of not only how to make a claim, but to further your knowledge on your rights. »
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Buying a car for the first time may be an overwhelming decision. The Financial Advice Group would like to help shed some light on any grey areas you may need help making a decision on.»
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