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MAKING AN INSURANCE CLAIM IN CASE OF CAR ACCIDENT

Car Accident Insurance Claim always begin with an accident. When a person is involved in a car accident involving injury or property damage, he needs to report it for an insurance claim.
Car Accidents are horrifying experiences. In these accidents, some of the people are injured and the vehicles are damaged or crashed. There is legal system with the help of which we can get to know who is at fault for the accident.
When we drive, there are chances that we can meet an accident that can damage our car. So, the first thing we can do after it is to file a Car Accident Insurance Claim within 24 hours of the incident. This will allow us to receive any compensation for any medical expenses or some other expenses that created due to the accident. This undergoes a process that ultimately leads to settlement.
Sometimes a third party claim is also made when someone file a car insurance claim against another person’s insurance policy. This third party insurance is associated with general insurance, especially motor insurance.
When the insurance company tries to investigate the claim, it focuses on some factors like:
·      The nature and extremity of an accident
·      The company’s rules and regulations
·      The damage occurs due to accident for example personal damage or some property damage

WHEN A CLAIM SHOULD BE FILED

Contact your insurance company as soon as possible following an accident. When you contact your company to file a claim, give the following information:
·      Your full name
·      Your policy number and its starting and ending date
·      Time and date of incident
·      Driver’s license 
AFTER THE CLAIM IS FILED   
After the claim is filed, a professional at company or simply a claim adjustor will be assigned to work on your claim. During this investigation, the adjuster can go for further details like visit the accident scene, talk to the witnesses of the car accident etc.

VEHICLE REPAIR AND MEDICAL CARE
When insurance company investigates the claim and the fault is determined, it becomes the responsibility of it to pay for the injuries, damages as well as repairs. The process of initial payment is “indemnification” which means coverage for damages and losses.
If you are asked to get your own estimates, you have to ask the insurance company for their approval before going ahead. If vehicle is in a better condition after repairs than it was earlier, you may have to pay some of the repair cost yourself.
Sometimes, the insurance companies offers the market value of the car at the time of accident. This can happen only if it is not economical to repair the car. This is known as “Insurance Write Off.”

CALCULATING VALUE OF CLAIM
After calculating the value for your claim, the insurance company will issue a settlement check. You can contact the company further or may appeal to it due to certain reasons like insufficient amount of settlement. For this, further additional information and evidence has to be provided about the accident. Car Accident Settlement Calculator is also used to estimate the value of accident claim. Hence, Car Accident Insurance Claim is very useful whenever a person meets an accident that damages the car.


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