How to File an Insurance Claim: What You Need to Know

There are over six million car accidents in the U.S. every year. This means millions of settlements and insurance claims are dealt with annually.

If you’ve been in an auto accident, chances are you want to get a claim from you or the perpetrator’s insurance. But how do you file an insurance claim?

That’s what we’re here to look at today. Read on to find out how to file an insurance claim, when to do so, and why it’s so important.

What is an Insurance Claim?

An insurance claim is a formal request to receive money to pay for any expenses caused by a policy event, such as a car accident.

Popular choices are Geoci insurance claims and Farmers insurance. They cover automobile accidents to help clients pay for expenses. Travelers insurance claims and Verizon insurance claims protect other assets like cell phones.

This is based on what’s covered by your insurance. After filing the paperwork, insurance companies send an adjuster to investigate your case.

Once the claim is approved, you receive financial compensation.

When to File an Insurance Claim

If your expenses are less than your deductible, chances are it’s not worth the trouble to file a claim. There’s also a chance your premium will go up if you file a claim.

However, there are still many instances where filing a claim is the best move. For example, if your car is completely totaled, you’re bound to file a claim immediately.

If you or someone in the car gets injured after a crash, you should always file a claim. Involving insurance companies when you aren’t sure who’s at fault is also a smart move.

How to File an Insurance Claim

Knowing exactly what to do when filing a claim is important since it’s usually a longer process.

Consider calling 911 right after an accident. A police report can be an asset during the claim process.

Don’t forget to exchange insurance information with the other driver, as well as their address and number.

Once you’ve got key information, it’s time to contact your insurance company. Ask them about who you can report your claim to, how long it’ll take, and what documents are necessary.

It’s also important to call your lawyer for a consultation. Sweet Lawyers is a great resource for everything related to insurance settlements.

After you’ve called the right people, gathered all the right information, and consulted your insurance agent, it’s finally time to file the claim. You can usually do so online or on paper.

An insurance adjuster will come and investigate your report. Be as succinct and as honest as you can to speed up this process.

After that, you’ll play the waiting game to see if your claim is approved. Chances are, a check will be sent to your door after approval.

Learn How to File an Insurance Claim Today

Getting the right compensation after an accident is crucial in 2021. Use this guide to know how to file an insurance claim when the time is right.

Looking for more informative articles on law and automobiles? Check out the rest of our site!

Leave a Reply