What you need to know before you file a Car Insurance Claim
Accidents happen. Some number crunching brought out the results that in 2011:
1 person was killed every 2 hours and 54 minutes 1 person was injured every 2 minutes and 29 seconds 1 reportable crash occurred every 83 seconds. (For more statistics for traffic accidents in 2011 click HERE!) So chances of a claim in your future are not impossible. That’s why it pays to have a reputable insurance company and a good understanding of what you need to do before you file an auto insurance claim. These are all things that should be done before an accident occurs NOT after. Find out what kind of service you can expect. Most people don’t give their car insurance much thought. They get a quote with a few companies, pick the cheapest and expect that if they have a claim it will be handled quickly and fairly.
However, poor service, repair delays and billing problems can cost more in time and frustration than any amount saved. Before you buy, consider what kind of service you can expect. A good clue is how you’re treated when you call for a quote. Make sure you have enough liability coverage. Liability coverage pays for other people’s costs if you cause an accident. The Insurance Information Institute recommends that you have at least $100,000 of bodily injury protection per person and $300,000 per accident. But if your net worth is more than $300,000, consider buying additional liability protection today. Make sure you have enough money put aside for your deductible. Choosing a higher deductible can be a smart way to save money on your car insurance. The higher your deductible is the lower your rate will be. Just make sure you can afford to pay your portion of the auto claim.
For more information on deductibles check out our previous blog Deductibles and Claims! Check in with us in the first link and feel free to browse our website then call for a free quote today!