If you’ve been in an accident, and you’re entering the world of auto insurance claims, there are a few things to keep in mind. Here are 5 Do’s and Don’ts when it comes to making an auto insurance claim.
DO Review Your Policy
Check your insurance policy for coverage. Bodily Injury, Collision Loss, Uninsured Motorist, and Med Pay are a few things to look out for. Understanding what is and is not covered will be important as you begin the claim process. Deciding what coverage amounts are right for your family is ultimately your decision. If you have any questions you can contact your insurance agent – BUT, one thing to remember is . . .
DON’T Assume the Auto Insurance Company Cares
Auto insurance companies are “for-profit” companies and wherever possible, they will avoid spending. Don’t assume that the insurance company will always act in your best interest.
DO Take Pictures & Keep Receipts
In any auto accident, it is very important to document the damage done to a vehicle. Take pictures and keep all receipts from treatment, rentals, and purchases associated with the accident.
DON’T Sign a Release or Accept a Check
When it comes to signing things, don’t do it until you’ve received reliable legal advice, or understand what rights you might be giving up.
DO Understand What You Owe On The Car –
Make sure you are aware of the difference between the replacement value of your car and what you actually owe on the car. If the car is totaled, most auto insurance will only cover the cash value of your car at the time of the accident. This might not be enough to pay off what is still owed on the car.
When you need to make an auto insurance claim, you should proceed with care. If you have any questions, contact The Sawaya Law Firm for a FREE CONSULTATION.