Policyholders may make the mistake of seeing vehicle insurance claim settlements as an automatic outcome of buying coverage, but it isn’t always the case. You are right to expect them to compensate own and third party damages. Nonetheless, it is naive to think that this will be a simple case of submitting a form. There…
Continue readingDealing with Claims
Jointly Owned Automobiles and Insurance Implications
Joint ownership of automobiles is a common practice among partners, family members, and roommates who wish to share ownership and insurance responsibilities for their vehicles. When multiple individuals co-own a car, it often results in cost-sharing, convenience, and access benefits. However, joint ownership can also lead to insurance complexities, especially when the co-owners live at…
Continue readingKey Characteristics of a Great Auto Insurance Company
Choosing a dependable car insurance company is of utmost importance when it comes to protecting yourself against liability claims and your vehicle against damages, ensuring a hassle-free claims process. Your car is an integral part of your daily routine, and any disruption in its availability can have a significant impact on your life. Therefore, it…
Continue readingWill No Fault Accidents Increase Auto Insurance Premiums?
Even if you are not at fault in an accident, it may still increase your premium 10% on average, according to the CFA study. If your car insurance company ends up paying for your damages, they are most likely to increase your rates as it costs them money. But the increase will not be as…
Continue readingWhat to Know before Canceling Auto Insurance Coverage
In the ever-changing landscape of life, there are occasions when motorists find themselves needing to put an end to their car insurance policies. However, navigating the process of cancellation requires careful consideration to avoid any potential issues down the road. Whether it’s due to selling a vehicle, moving to a new state, or seeking better…
Continue readingSteps to Ensure Successful Car Insurance Claims
Making an auto insurance claim can be a daunting process, but with proper preparation and understanding, you can increase the chances of having your claim approved. In this article, we will explore essential steps and considerations to ensure a smooth and successful car insurance claims experience. By following these guidelines, you can protect yourself financially…
Continue readingHow Does Auto Insurance Cover Hit-and-Runs?
If someone causes an accident and flees the scene, motorists have to rely on their own vehicle insurance policies, providing they have coverage for hit and run accidents. Uninsured Motorist Bodily Injury, Personal Injury Protection or Medical Payments coverages can pay for your and your passengers’ injuries and Uninsured Motorist Property Damage or Collision coverages…
Continue readingHow to File Claims with Third Party (Others’) Auto Insurers
An auto accident would stress you naturally. After you get over the initial shocks there are still many things to deal with. If there were injuries, physical suffering would be added to mental stress. Then, there are the issues of car repairs, claim forms and who is going to pay for the damages. It is…
Continue readingPros and Cons of Automatic Car Insurance Renewal
While purchasing automobile insurance, you may have opted for automatic policy renewal, where your insurer or agent sets up your policy to renew automatically at the end of each term without needing your active confirmation. While this can offer convenience, it can also lead to a situation of inertia where your car insurance policy remains…
Continue readingWhat to Do If Not Satisfied with Car Insurance Claim Settlements
Even with all the honest and good intentions there could be errors, omissions and mistakes in the way auto insurance companies handle claims. Also, there could be miscalculations and misjudgements on the parts of people involved. Expecting that everything would go without a single glitch may be too optimistic. The first contact point should be…
Continue readingWhat to Do if Unhappy with Vehicle Insurance Claim Handling?
Naturally, you will find many pages on websites about how they can save you money on premiums but not much information on how they handle customer grievances. Most policyholders are good at paying in time and they expect the same from carriers. So, what could they do if they are not happy with the way…
Continue readingPre-existing Damages and Vehicle Insurance Claims
How auto insurance companies would know which damage is pre-existing and which ones are caused by an accident the claim is submitted for. Probably many people are tempted to try and include other repairs as well since the vehicle is in the garage. This may sound like an innocent thought. However, they aren’t known for…
Continue readingDoes Auto Insurance Cover Personal Items Stolen from my Car?
Car insurance does not normally provide coverage for personal belongings left in vehicles like phones, laptops, other gadgets, golf bags, cameras or related equipment. Insurance policies such as home content or electronic device insurance are better suited for theft coverage of items individuals carry with them in their automobiles. Comprehensive coverage under auto insurance pays…
Continue readingInsurance Coverage when Driving Someone Else’s Car
Understanding the implications of insurance coverage, both yours and the owner’s, is crucial when borrowing someone else’s car. While standard policies typically provide liability coverage when the policyholder is driving another person’s vehicle, they do not normally include physical damages coverage. Therefore, it is important to communicate with the car owner and inquire about their…
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