Understanding your policy limits is integral to the claims process. Car rentals can range in price, and who and how much it covers depends on these factors. How Does Rental Reimbursement Coverage Work? Most auto insurance companies have reciprocal relationships with popular rental car companies. Fo...
Do you have to repair your car after an insurance claim? The answer is: It depends. If you have a loan on your vehicle, the lender will require you to make the repairs. And “you,” doesn’t mean you personally. They’ll either assign a mechanic or need to approve one you choose....
Reports that car insurance companies, such as Progressive Corp., are planning on opening automobile repair shops to address insurance claims. Efforts of insurance companies to lower their costs and provide a choice for consumers for repairs; Criticism of the plans by some consumer advocates, because...
An insurance company may consider the car to be totaled even if it can be fixed. Generally speaking, the company decides tototal a carif the cost to repair it exceeds a certain percentage of its value, anywhere from 51% to 80%, according to Insure.com. Some states mandate or provide gu...
To get comparative insurance rates for this study, U.S. News worked withQuadrant Information Servicesto analyze a report of insurance rates in all 50 states from most of the largest national car insurance companies, though not every company operates in every state. Quadrant obtained publicly availa...
claims of injury, and you may receive an initial payment. If the damage done to your vehicle warrants it (i.e., if it would prevent further damage or loss), your insurance company or agent may ask you to have temporary fixes performed on your car while you are waiting for reimbursement...
claims process. Additionally, keep in mind that most insurance companies will not allow you to file a diminished value claim against your own insurance company. In order to find out the time limitations and other laws regardingdiminished value claims, reach out to your state’s department of ...
Not only should you compare the best auto insurance companies based on their customer service scores and ratings, but you should also look at the coverage options they offer and their record of paying out claims. In order to choose the best car insurance company for you, you’ll also want ...
-19 and its subsequent implications had led to less people and drivers on the road. As such, it’s been observed that during the pandemic, insurance claims have reduced significantly. With this, insurance companies have also adjusted prices accordingly to reflect lower accidents ...
repair; distracted driving, such as texting while driving, leading to more accidents; a continued spike in litigated auto accident claims as billboard attorneys aggressively market their services to consumers to file suit following a crash; and rising health care costs to treat accident victims. ...