While driving, people maintain the rules and regulations, but sometimes incidents take place. To avoid the requirement of sudden expenses that arise due to accidents, damages caused by fire, or theft, one must secure vehicles by insurance. Vehicle insurance helps the insurer provide protection against any accident or damage. Insurance also acts as a financial cushion in the hours of crisis for the people. This article will give knowledge of 5 immediate actions that must be taken while claiming vehicle insurance.
5 Quick Steps To Claim Vehicle Insurance
1] Collect Information And Take A Picture Of The Damages Caused
When someone wants to claim an insurance amount, they must collect information such as when and how the damage was caused. The image plays a vital role and should be clear because if it’s not clear, the insurance company might reject the application. Additionally, one can make a short video showing the damage caused or any kind of injury that happened during the incident.
2] Report The Problem To The Police
A person who meets an accident, whether he or she wants insurance or not, should report an FIR (First Information Report) to the police so that if someone causes damage unintentionally, then they can take action against them. FIR plays a vital role in claiming insurance as it documents incidents that have taken place. It is also helpful in case of theft; one can lodge a report at the police station and ask policemen to find their car or any vehicle.
3] Contact The Insurance Company Whose Vehicle Insurance You Have Purchased
When someone has met an accident, it is obvious that they are going through a tough time, but one must first contact the insurance company whose insurance they have purchased, policy number, etc. The earlier they do this, the easier and less time-consuming it will be. While informing the company, they might ask for things like a valid driving license, when and where the accident took place, which side the damage was caused, etc.
4] Submit The Document And Ask For An Estimated Claim
Claim Form
It contains the full detailed information provided by the insurer, like when the incident took place, when it was purchased or how far it has traveled, which side is damaged, etc. The form gives an undertaking that you are claiming the insurance on a particular date and time.
Driving License And Registration Certificate
A driving license is a permit given to the driver for running the vehicle. The insurance company will check the validity of the license while the incident occurs, and a registration certificate gives information under which state the vehicle is registered and the signature of the authorities that issue it.
Policy document
A policy document contains information related to the name of the insurer and the company that is providing the insurance. It also contains the amount of premium one gives and how much one can claim at the time of damage.
5] Claim The Estimated Amount From The Insurance Company
As the documents are submitted, the company will show you the estimated cost that occurs, and then you can claim it. The vehicle will be sent for repair, and after the repair is done, the client will get an invoice from the company that has all the information related to the repair. As the invoice is submitted, the vehicle is released from the garage.
How To Claim Insurance For Vehicle Theft?
- File an FIR to inform the loss of the vehicle
- Contact the insurance company
- Inform the Department of Motor Vehicle about theft and get a paper that will be submitted to an insurance company.
- Submit the required documents, like copies of insurance documents, driving license, FIR, RC.
- Collect no trace paper, which shall be submitted to the insurance company claiming the car has not been traced for a particular time.
Preventive Tips To Avoid Accidents
- Avoid drinking and driving
- Follow safety rules while driving
- Ask for a driving licence if you are hiring another driver
- Check for vehicle maintenance on a regular basis
- Check for insurance and get it renewed on time
Over to you
Life has so many uncertainties, and no one knows when an incident is going to take place, so to avoid the problem of risks, one should have insurance. In the US, people take insurance to ensure their financial stability, which becomes unstable during accidents. This article will let you know the top immediate actions to take if you want to claim vehicle insurance.
