Automobile collisions happen every day, clogging thoroughfares, twisting metal, complicating lives. Although no one wants to experience a wreck, knowing what to do in case one happens to you could soften the impact on your life in the days and weeks to follow.
At the Scene
Your insurance company will advise you how to proceed. Typically, you will deal with your insurer's claims department, rather than your insurance agent. You may be required to provide copies of any police reports, medical bills, repair estimates, rental car receipts, or other documentation to your insurance company, to the insurers of the other parties in the accident, or to both. The sooner you respond to requests for documents and information, the sooner the insurance company can handle your claim. Be sure to keep a record of all your expenses in a safe place if your insurance company plans to reimburse you rather than pay your expenses directly.
If you have never taken time to read your insurance policy, doing so after an accident is a smart idea. You will want to verify your coverage limits and educate yourself about any provisions in your policy for replacement transportation.
A Note About Attorneys
Auto-accident claims are routinely settled without involving attorneys. But you may want to consider hiring a lawyer if you are seriously injured, if you receive no insurance benefits within 30 days of the accident, or if you believe blame for the accident has been incorrectly decided.
The information in this article is not intended to be tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any product. This material was written and prepared by Emerald. © 2013 Emerald Connect, Inc.