Car is one of the important assets you have earned, which is worth more than money. Still, before buying a car you do a lot of research work and then pick your dream car. But while driving a car, it is so common and vulnerable to some unfortunate damage or loss. Thus buying car insurance policy will definitely protect you from financial losses and manages uncertain risks. If the policyholder experiences a loss which is potentially covered in the insurance policy, the insured submits a claim to the insurance company for further processing. And by honoring policy claim, the insurer executes the promise made to the insured.
Always consider these Do’s And Don’ts:
Filing an insurance claim to some extent can be irresistible as insured have already experienced some kind of loss. Today, insurers directed focus on the customer’s support on priority so that they face the least hassle. So here are some detailed do’s and don’ts to be considered for car insurance claims:
Do inform the police: The first and foremost thing to be done after an accident is to immediately inform the police of the mishap and file an FIR. This FIR is an obligatory paper that will support your claim.
Do inform your insurer: Inform your insurance company as soon as possible and always be honest with them. Never hide details from your insurer as it may even cause your claim to be rejected.
Do revise your insurance coverage policy: After notifying to the insurance company, you must again go through your insurance coverage policy and try to comprehend what is covered and what is not.
Do carefully fill your claim form: As the policyholder, you have to carefully fill the claim form and submit it along with the required documents to your insurer. This includes your documents, policy details and all other information of the insured car.
Don’t flee from accident spot: Do not escape from the accident spot especially if you are at fault. And check if any medical aid is required.
Don’t accept instant settlement: The third party in accident case may offer an instant settlement that could be much less than the actual cost of repairs. One should always ask for the policy details of the third party for the claim.
Don’t accept any payment as Final: Never accept any payment as final payment, until and unless you are fully agreed to do so.
Final Words, now you must have understood what should be done and what should not while filling a car insurance claim. The most crucial thing for anybody to file a claim is to properly follow the law, rules and most importantly be honest to your insurer. This loop will definitely benefit you and your claim will never be rejected. So ride safely and drive tension free.
