If you are part of a motor vehicle accident, it won’t be long before you’re on the phone with your insurance agent. You hope this person takes care of you, but deep down inside, you know that you have to watch everything that happens.
There are many car insurance claim mistakes that can end up costing you both time and money, including the following:
- Providing a written or recorded statement before you understand your policy
- Accepting the first estimate of your losses
- Signing a waiver or release before you know what it’s asking for
- Accepting a check for final payment
- Letting your insurance company off the hook
All of these mistakes are easy to make. For example, you may be in such a hurry to get this behind you that you take the first offer you receive. You assume it’s better than nothing and that moving on quickly would be in your best interest.
Just the same, it’s common for accident victims to let their insurance company off the hook by not fighting for the coverage they’ve been paying for. Review your policy to understand exactly what type of coverage you have. From there, make sure your insurance company lives up to their end of the contract.
All of these car insurance claim mistakes are easy to make, so be sure to keep a close eye on everything you’re doing.
You’ll have a lot to think about after a motor vehicle accident, but don’t let your insurance company prey on your weakness. You need to protect yourself and your legal rights at all times.