Insurance Settlement Claim from Car Accident?
Hey Guys, I was in a car accident November 18th of last year. I hired an attorney in January and I have a good case. It seems like it's taking forever for me to get the money that is rightfully mine. How long do these kind of cases last and when should I expect my claim to be settled? I need the money now so I can start my life. Is there any way to speed up the process and also, could I get loans from my lawyer if he KNOWS I am getting a big settlement? He says he's just waiting for Geico to settle. I am really growing impatient and I need the money ASAP. Thanks in advance! Star
Auto claim - ignoring insurance calls and letters?
I got in my first accident, but it was very small. Two old ladies smacked my front bumper off however I would technically be at fault because I was leaving a private driveway and part of my bumper was in their lane. So I made an auto claim myself by phone, because the police officer said thats what I do next. And my own insurance has called me back saying they need a recorded statement and to talk to me about it. They've only called once and it's been two or three weeks now. And I've received one letter from the old ladies insurance company asking me to call them since they dont have my phone number. I really dont want to get involved in this anymore so i've been ignoring them, but I was wanting to know what would happen if I kept ignoring. It's only been 2-3 weeks and ive only been contacted once by both insurance companies asking for me to call them. I also don't know if there are any consequences for doing such.
Is it worth it to claim insurance for small scratch and dent on a car? What are the pros and cons about not claiming?
The perks of owning a comprehensive car insurance policy is that it will cover damages even for small dents and scratches on your car. This is one of the main reasons why people choose to buy policies that charge heavy premiums but also give good coverage. But the question here is, does it make sense to make an insurance claim for a small dent?I suppose not. Even though you can make a claim and your policy will cover you for small incidents, it is not advisable. This is because, every claim that you make ends up on your policy history. And insurance companies prefer car owners who have a zero claim history. They offer attractive discounts and offers to such car owners.The con here is that if you won’t make an insurance claim for a small dent, you will have to pay to get it repaired from your own pocket. You may not wish to incur this expense, but it is relatively small compared to the hassle of filing a claim with your insurance company.The pro is that once your claim is processed, you won’t have to pay any money. The insurance company will get the dent on your car fixed by paying for the expenses. But you will have a claim record pinned to your car insurance plan.Therefore, it is preferable for you to get it fixed yourself.
Is it advisable to claim insurance for car scratches?
When you raise a car insurance claim, you stand to lose the No-Claim Bonus (NCB) that you have been accumulating over the years. The NCB is a very attractive bonus, as it enables you to benefit from a discount in premium at the time of car insurance renewal.Through the NCB discount, you can avail a reduction of up to 50% in premium. Therefore, you should be very careful when raising claims after you have accrued NCB over a period of time.Ideally, when you discover a scratch on your car, you should assess whether the NCB you are liable to lose is significant in comparison to the cost of repair. More often than not, raising a claim for a scratch is not a smart move. But you should make a judicious decision based on your assessment.Read More On: When Not To Claim Car Insurance Policy
How do you file a personal injury insurance claim?
Personal injury cases usually result from minor or serious accidents. These cases most often than not can not be avoided since there are surely going to be damages and probably even some injuries that result from the accident. If it happens to be an automobile accident, then a personal injury case definitely becomes a real necessity.This will surely lead to issuing personal claims, which has be made within a specific period after the accident has occurred. It is therefore important that you understand how to get your personal injury claim started.Related Post:How To Get the Best Motor/Car Insurance QuotesOne of the most important things to remember when writing out your personal injury claim is to take careful notice of details. You need to make notes of all the relevant information about the accident.This will help you massively as your claim goes underway, especially since you just can’t rely completely on memory recollection – yours or anyone else's.Please remember that the notes that you make should include significant details such as the damages caused by the accident, any injuries, medical bills, police reports, etc.You should also take note of the physical evidence present at the scene of the accident, as it can throw more light on what really happened. There’s also the fact that it’s useful as proof in finding out the party that’s really liable or responsible for all the resulting damages and injuries. Remember that physical evidence of note has to be kept intact.Related Post: How to tell which cars have the Cheapest Insurance RatesThen do well to notify your insurance company of the accident immediately. With car accidents, it is important to inform both insurance carriers; yours and of the other party involved about your plan for filing an accident claim.Read more: Steps on how to Report a Personal Injury to Your Vehicle Insurance Company