THURSDAY, DECEMBER 15, 2011
Car insurance is your protection against accidents and you should not hesitate to use it when the need arises. Some people shy away from filing a claim because they fear this would increase their premiums. However, with the right knowledge, your car insurance can save you from covering the costs of damages sustained by your car during an accident.
 When you get involved in an accident, the insurance company will assign an adjuster who will evaluate the whole thing. Based on what your claim has specified, he will pore through your case, and maybe even talk to the other party involved if there is one. He will also study the police report and assess the damages obtained by all cars involved in the accident. When the necessary evaluation is completed and everything has been clarified, you will get paid for the repairs needed by your car.
However, if it is established that you have caused the accident to occur, you may have to pay an increased premium or the insurance company can choose to cancel your policy altogether. This is why you need to be aware of your insurer’s guidelines when it comes to cancellation and non-renewal. If you have been a policy owner for more than 60 days and you have diligently paid your premium, you should know that your policy cannot be cancelled. But if you have intentionally filed wrong information in your insurance application or that your driver’s licensed has been compromised, the insurance company has every right to cancel your policy. They can also choose not to renew your policy once the term expires.
It is very important to inquire about penalties before filing an insurance claim. It is even better to know this even before purchasing your insurance. This way, you know what to prepare for in the event that you get into an accident. If you already have an insurer, review your contract to get more information about their renewal guidelines. Also, when choosing an insurance company, it helps to refer to consumer reviews to know if the company gives excellent services or not.
Overall, filing a car insurance claim is a simple process. Most companies are lenient with their guidelines and consumers are usually given two chances of at-fault accidents over a period of time before they lose their coverage. However, there are certain circumstances when a loss of coverage is very likely even when the accident is considered minor. Situations like drunk driving and too many traffic tickets are prime examples of this. Even so, you should not think twice about using your insurance to have your damages covered. If any problem occurs, contact your agent so he can assist you in smoothing out certain issues.
By Matt Reynolds - Google+
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