When to Turn in a Car Insurance Claim
When people are involved in car accidents they’re often afraid to tell their insurance company about it. They’re worried their insurance prices will go up.
Your insurance rates will only increase if you were at fault for the accident. Even if you were at fault, the fear of increased rates shouldn’t deter you from reporting the claim. You can be sure the other party will talk to their insurance provider, who will contact your provider.
The reason you pay for insurance is to protect you from instances exactly like this. Your liability coverage will cover any injuries and damage to the other party. You already pay for your insurance, you may as well utilize it.
You’ll want to file a claim as soon possible so your insurance provider can get started on resolving the accident and getting you back on the road as soon as possible. They’ll get in touch with the other insurance company and the other parties involved on your behalf.
Do not try to settle the accident on your own. Almost always, the other party will claim injuries, loss of income, pain and suffering and more. Unless you’re a millionaire, you won’t be able to afford this. Just let your insurance take care of it.
If you discover your car has been vandalized in some way (broken window, scratches, etc) or if it’s stolen, assuming you have Comprehensive coverage, your rates will NOT be affected as you weren’t a negligent driver.
Insurance rates only go up when the insurance company can see that you are more of a risk as a driver.
So don’t be afraid to file a claim.…