It’s bad enough being involved in a car accident without having to worry about the hassles of filing an auto insurance claim. Who wants something ADDITIONAL to worry about? Now what if you found out your auto insurance claim was denied and you had no one to pay for car repairs and other damages? Not to mention, we could be talking about repairs worth hundreds of dollars, if not more. So what are the things you must absolutely NOT do under ANY circumstance in order to avoid your insurance claim from being denied? Let’s find out:
Don’t wait too long to report an damage to your insurance provider
Sometimes right after an accident, you’re so flustered that you can’t think straight and need time to process what’s happened. While that may be understandable, you need to understand that waiting too long to file a claim with your insurance provider is NOT the way to go. Sometimes you might be involved in an accident where you’re not at fault. If you wait too long to contact your insurance provider, there’s a chance the other party’s insurance company might reject your claim. Always remember, if you’re looking to make a claim with your carrier, make it a point to report the accident as soon as possible.
Don’t choose a car insurance deductible you can’t afford
Deductible is the amount of money you pay out of your own pocket straight up in the event of an accident. As it goes, when you choose a higher deductible, the car insurance company charges you a lower monthly premium. It’s important to keep in mind here that some people looking to save a few bucks here and there choose a high deductible amount that they can’t afford to pay upfront. If this were to happen, there’s a good chance your claim might get rejected.
Failure to read your policy thoroughly
Some people think that once the policy has been bought and the papers have been signed, there’s no need to go through their policy. That’s a big mistake. What they don’t realize is that sometimes your claim might fall under an exclusion clause in the policy; which means the insurance company is not liable to pay for damages that fall under that clause. It’s important to fully read and understand your policy so you know exactly what’s covered under it.
Lying on your car insurance application
Under no circumstance should you ever consider lying on your car insurance policy. Always make it a point to be honest and give accurate details on your policy. If your insurer finds that you have lied on your application or left out key details, there’s a good chance your claim could get denied. Furthermore, your policy could get cancelled and you might have to face legal repercussions.
Not having the necessary documentation to support your claim
If you fail to produce the necessary documents, bills and receipts to support your claim, your insurance provider might very well reject your claim.
Lying about the nature of your claim and being careless about the necessary paperwork could result in your claim being denied. If you wish to not take such chances, make sure you’re prompt, honest and vigilant about your policy. You’ll be glad you did.