Understanding Insurance Claims After an Accident
Accidents are stressful enough, and insurance can be another stressor. Bankrate helps explain how you can better understand the insurance process after you’ve been in an accident.
When the damage is considered a total loss:
If your car is damaged in an accident, you will either file a claim against the at-fault driver’s property damage liability coverage or your policy’s collision coverage. A total loss occurs when the total to repair the car surpasses the car’s value.
When the offer is lower than you expected:
Financial responsibility after an accident will vary depending on insurance laws and the details of the accident. Make sure you have the right coverage amounts to protect yourself.
How a car insurance claim payout and settlement work:
After some negotiation, you and your insurance company will agree to a claim in writing. You will receive a payout after your deductible is accounted for.
We are here to walk you through the process.
Call us at 715-369-1144.