Auto Insurance Claims – Some Questions That You Should Ask

Many people sign on the dotted line of their insurance application without reading the terms and conditions and when the time comes to file their auto insurance claims, they are in total confusion. What they thought was covered is not and what is covered in the policy is not what they wanted in the first place.

So the first thing that you must understand is that you must never finalize the deal without going through the fine print. While getting an insurance coverage for your vehicle, you need to be absolutely clear about what coverage the company is providing and at what cost. Know clearly about what is covered and what is not.

Before You Sign

It is important that you are clear about various aspects of auto insurance claims before you sign up. You must ask many questions from the company- who would be paying for the damages in case your car is involved in an accident? Will your car be covered if you are at fault? How much will the insurance company pay to get your car repaired? What happens if additional damages are found during repairs? These are some of the questions that you must have answers to before settling with the company.

Another important thing that you must be clear about is how long would the company take to respond in an event of your filing a claim. If you are using a rental vehicle, which is covered by your insurance coverage, waiting for two to three days for the company to go over the claim is not worth it.

As a policy holder, you must also understand how to file auto insurance claims and when you should file. For example, if the repair cost of your vehicle is less than your deductible, would it be wise on your part to file a claim? It is important to understand that every time you file a claim, it is recorded in your insurance report. The more claims that you have in your record, the higher will your premium go.

Different Types Of Claims

There are various types of auto claims and the procedures that relate to them vary. It helps if you know a little bit about various types of claims and how to file for them. Your insurance agent is the best person to answer all your queries on this topic. Ask him/her about third party insurance claim, first party insurance claim, and other types of auto claims.

Little bit of knowledge about auto insurance claims does not hurt. In fact it will help you when you might need to file a claim. And since you are already clear about what is covered and what is not covered by your car insurance coverage, there would be no headaches later to deal with.