Car insurance is absolutely important for anyone who owns and drives a car. That is the reason why it is mandatory by most of the states to have car insured. Apart from this factor, the huge amount of unforeseen costs associated with accidents compels you to buy sufficient car insurance. But if you do not know how to use car insurance policy it would not serve its purpose. Rather it would be a burden on your pocket to pay premiums regularly and not being able to materialize its benefits when required. Here is how you must use your car insurance policy.
First of all you must know the different types of policy and coverage options that are available. Following are these types: –
It protects you against damages that result from an accident due to your fault. These damages include cost of repair to the property and medical expenses resulting from injuries.
If your car gets into accident with another car and requires repair or replacement altogether, it would be done under collision coverage.
Comprehensive coverage pays for damages caused by weather related factors or if any animal hit the car. Other incidents include theft and vandalism whereby comprehensive coverage comes in handy.
Personal injury protection
Personal injury protection pays for the medical expenses arising from an accident if it leads to injuries inflicted on you.
Uninsured/underinsured motorist coverage
Consider a case where you meet with an accident with a person at fault who is either insured or sufficiently insured to cover the damages incurred to you. You would have to pay from your pocket for the losses incurred by you until and unless you have uninsured or underinsured motorist coverage.
Now here is how you must use car insurance policy. When you get into a car related accident, contact your insurance company as soon as possible. You can get contact details from your ionsurance card which you must carry with you all the time. The company shall ask you for necessary details sich as
- Your name and policy number.
- Time validity of your policy.
- Date, venue and time of the incident.
- Names, addresses, and phone numbers of all drivers, passengers, and witnesses.
- Driver’s license and license plate numbers for all drivers.
As per part of the company’s investigation procedure, you will have to record your statement with regard to the accident. If you take photos of necessary scenes and situations that would make your claim process easier and faster. In some situations people opt for taking the services of attorney to make their claims speedy. If you can afford you can go for that. The insurance agent who helped you purchase your car insurance policy can also help you in using the policy on case of accident. To be on safe side keep safe all the receipts you get from the insurance company regarding claim procedure.
So this is all about how you must use car insurance policy.