Four sorts of insurance claim you might make after a vehicle mishap

Colorado News

Each car accident that occurs on our roads is an unpleasant experience – even if the result is just some light damage on a bumper or a panel. However, even the most innocuous incident could mean large costs for you even if you weren’t at fault. If you need to make a claim, what types can you look into?

Whether you’ve had a small incident or you were seriously injured during an accident, then you may be eligible to claim for some of the costs and damages incurred. Here are a number of the situations for which you may be able to put forward a successful claim:

Diminished value claim

The value of your vehicle can be reduced if it has been damaged in an accident, even if it has been repaired. That’s because your car has a damage history, meaning it’s much less likely that you’ll recover the full value if you decide to sell it on in the future. So, you might be able to file a diminished value claim, depending on the type of policy you have, plus which state you live in. If you can, you will then get the value amount of which it has reduced.

Comprehensive and collision claims

This type of coverage will pay for the damage that’s on your vehicle if you are deemed at fault. Collision cover will be for what damage occurred during the collision; comprehensive cover is for other items, such as vandalism or theft. The insurance company will deal with expenses that go beyond your car insurance deductible amount and up to your insurance limit. This cover will be optional if you’re not making payments on your vehicle, so look at your policy.

Liability claim

This will cover property damage and medical costs incurred by the other party if you’re deemed to be at fault. Some people will have liability-only coverage; medical expenses can increase swiftly, so you should ensure your cover is high enough.

Claims adjusters will work with those people involved in giving services to the other party, such as hospitals, doctors and repair shops, so that claims can be filed directly through the insurance company. The liability coverage you choose will affect your insurance rate, yet you could receive a bill for property damage or medical expenses that exceed your limits if you’re at fault.

If someone else is at fault, then you could consider making a claim against them so consult specialists at Brown and Crouppen for advice. They can look at the evidence and assess if you could file a successful application.

Windshield claims

These can be applied to windshields that have been cracked, broken or chipped. You can file such a claim to cover repair costs after your deductible, i.e., the amount you should pay your insurer before they’ll pay out. Yet depending on your insurer and state, you might have optional glass coverage that removes the need to pay a deductible. Any claim could mean your premium will increase, no matter how much it costs.

via Straight News https://northdenvernews.com/four-types-of-claim-you-could-make-after-an-auto-accident/

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