#WORD VS WORD INSURANCE CLAIM CRACKED#
Thanks to potholes and cracked roads, Indian roads are highly prone to accidents. Accidents Caused due to Policyholder’s NegligenceĪccidents can happen anytime, anywhere. Below are several situations in which your insurance company will deny claim settlement. Such situations do not occur often, but when they do, it is imperative to understand what went wrong and why.
Though filing a car insurance claim is a simple and easy process, there are times when the claims get denied by the company. Reasons for Claim Denial by the Car Insurance Company The claim filing process is quite simple and easy, but if not followed carefully, your claim could get rejected. It is a legal procedure and thus needs to be filed with patience. Though there may be some problems that arise at the time of registering a claim.It is your responsibility to provide assistance to the representative and fulfill all the claim-related formalities. At times, the insurance company sends their representative to inspect the accident spot, before they provide you the insurance claim benefits.
Generally, documents such as medical bills, car repair bills as well as a photocopy of a police complaint report can be used as "proof of loss". Many insurance companies need a "proof of loss" form to be furnished at the time of registering a car insurance claim.Clearly, understand the documents required to be submitted along with the claim application for a smoother and faster claim process. Additionally, you can take help from the customer support regarding the procedure and documents required to file a claim settlement request.You should notify the concerned insurance company immediately irrespective of your location or fault. In case you meet with an unfortunate accident, it is advised that you inform the insurance company as soon as possible.Firstly, thoroughly read the process of filing the car insurance claim for your insurance provider.Additionally, it will ensure a smooth car insurance claim experience with your insurer. Here are some points that will help you in order to file a car insurance claim. At the time of buying car insurance, it is imperative to understand the policy inclusions, exclusions, terms and conditions, add-ons and also the claim settlement procedure. Car insurance will save you from incurred expenses in times of theft, accident etc. To ensure your financial protection, in case of any unforeseen and unfortunate circumstances, it is wise to buy car insurance. The future is unpredictable, so are the situations that may lead to expenses. Buying a car is itself a costly affair, but its maintenance, operating cost and repair expenses added to the list of the on-going expense that cannot be neglected. Owning a car brings in a number of extra costs with it.