The type of insurance you carry and the amount can impact how long your car accident claim takes to settle. If medical bills and property damages do not exceed your coverage or that of the at-fault driver, your claim could be resolved quickly. If fault for the accident is unclear, you ...
It is equally important to know what’s not covered in your car insurance policy, so that there are no surprises when you make a claim. Here are some such situations: Own Damages for Third-Party Policy holder In the case of a Third-Party or Liability Only Car Policy, damages to own ve...
Let your health insurance company take care of the bills. The driver is authorized to return in the car insurance when the claim is settled. The driver will realize that these invoices have been paid immediately. Oppositely, the charges could run smoothly for several months and harm your credi...
While switching carriers can have its advantages, there are also times when changing auto insurance providers may not be a good idea. If you recently filed a claim, for example, you likely will not be able to change carriers. If the claim has not been settled and paid, your new car insu...
However, carrying liability insurance is still the best way for you to meet your state's financial responsibility requirements. If you are insured in a no-fault state and have an accident, you don't go after the other driver. You contact your own insurer and file a claim. Your own ...
Loss of use can become a sore subject when you are filing a claim for repairs on a rental. Loss of use is a charge that adds up the rental fees for the period of time that the car was being repaired. Since the rental vehicle was not available for rent, the rental company lost profi...
For example, car insurance fromThe Hartfordcomes with a lifetime renewability feature, 12-month auto insurance rate protection, and personalized assistance after an accident. The Hartford has also received the highest possible ratings for claim satisfaction, which is a crucial factor for shoppers to ...
When you do, you want to know that the insurance company you have been paying premiums to is still around to service that claim. In addition, when they do service the claim you file, will they treat you as a valued customer, or an expense that needs to be settled?
The challenge is that you won’t find an insurance company paying an advance on a claim before it’s been settled. That means you’re expected to negotiate while all these other problems are hanging over your head. It’s unfair!
Also, it’s best not to switch your car insurance company while you have an open at-fault claim. While you’re allowed to do this, your rates can increase to account for the cost of the claim once it’s settled or at your next policy term. If you have to switch during a claim, ...