How To Make A Claim Against Someone Else’s Car Insurance
Would you agree with us if we say even the best of drivers can have the worst of accidents? But take a look at this story that happened with Christin Walker who lives in Burlington, New Jersey. Her as a driver is safe. And this is warranted by the fact of her driving a school bus for 22 years. If that isn’t enough to prove a clean and good driving record, I’m not sure what else to say.
But shortly after her purchase of her 2006 Honda civic, she was in a really bad accident. It was totaled on impact by a hit and run driver, which was confirmed to run a red line according to police.
But the next steps are how would you make an insurance claim with an insurance company is there are over 6 million accidents each year? Well, we are going to break that down for you to keep you in the loop.
Making an Insurance Claim against another Party
Long story short of somebody were to crash into you, you’d make a claim against their insurance. This is typically known as the third party insurance, you’re the third party and you’re making a claim against their liability insurance coverage.
If you do take this route like any other, the other insurance company will have to do their due diligence to make sure their driver was truly at fault. If that’s the case you get a payout but it won’t be Immediate.
Your Own Insurance
There are some other cases where you might actually need to go to your insurance company for them to pay for the damages. May not seem fair but this is reality, here’s a process of how you do it.
Insurance a no-fault state: in States like these you make insurance claims against your own insurance before anything else. You will have to be required to carry personal injury protection for this case. Depending on what state you’re in you may be able to file for more payout which is essentially you suing the other party.
Against an uninsured driver: if you get into an accident with an uninsured driver there could be a possibility that they don’t have insurance. That’s the case you can sue them for any access damages, but sometimes it may not be worth it if they have nothing to their name. The alternate route to this is turning to your uninsured motorist coverage where they’ll be able to pay for any medical bills needed.
Leaving it alone: if you decide to not even go the route of their insurance you can actually go to your own insurance company and ask them to file the claim through your Collision coverage. In a case of your vehicle is a complete write-off, the check received will be reduced by the amount of your insurance deductible?
Totaling a financed car: if you were in an accident and your vehicle was written off, you might actually have to pay some of the portions back after the fair market value has been given back to you. So, for example, oh, you financed vehicle at $20,000 and you received $16,000 back as payment for the vehicle. In this case, you’ll be owing about $4,000 to the lender, this is where gap insurance will come into play replenish the amount.
No matter what situation you’re in when it comes to your vehicle after an accident we highly recommend being patient. Take long or even a lawsuit. But knowing the coverages and having the background knowledge of how car insurance work is a great way to get you ahead of the game. So if you ever put in a position like this where your knee file a claim against your insurance company, you’ll be well-versed in everything.