The claim usually involve damage to real property or auto. This however claims for the property damage. Lets look over Property Damage Claim. Different states have different legal rules concerning claims and how they are governed. Claims associated with car injuries are available in tend to differ this is due to the intensity of the accident. If your vehicle is hit by someone else’s vehicle, then you may report asset harm to declare. Reporting a property damage claim could vary in different scenarios. Collision insurance can pay for vehicle maintenance in case you crash into another vehicle and you’re at fault, or if you harm the other car involved in a crash now no longer related to another automobile however an inanimate object or property including a cellphone pole or fence usually fall into complete collision coverage. Comprehensive insurance applies to harm because of activities you cannot control, which include fire, acts of nature, theft, or hitting an animal. Collision coverage only applies when the accident occurs between your vehicle and another vehicle or inanimate object.
HOW PROPERTY DAMAGE CLAIMS WORK
There are procedures to take before filing a property damage claim, these procedures are important in the future and should not be disregarded as the way you treat the incident will play a big part in the insurance company’s claim.
Taking stock of the damage can be simply done through picture taking, taking as many pictures as possible of the property or objects involved. Also, take pictures of the road and other important details to paint a clean scenario for the insurance company.
WHEN YOU CAUSED THE DAMAGED
- Provide the damaged property owner with your name, insurance company, policy number, and contact information. Also collect the damaged property owner’s information such as name, insurance company, and phone number.
- It is imperative to inform your insurance agent about the accident beforehand about the claim so that reparations will start right away.
- Depending on your insurance coverage, you will be informed whether it covers the protection of your property from the damage.
- There will be an increase in your insurance rate, this is because you caused the accident.
YOUR PROPERTY IS DAMAGED
Dealing with insurance companies is nothing to write home about, this is because of all procedures. If you happen to have your property damaged. In the case where your property is damaged and you are not at fault.
- Collect information such as Name, insurance company, policy number, date, location, time, and detailed description of the event.
- Contact your insurance company or agent for assistance and file a property damage claim from the at-fault party’s insurance.
- As long as the part at fault admits guilt, this will be a free process.
HIT AND RUN: UNKNOWN AT FAULT PARTY
These cases are more stressful because it means there will be out-of-pocket expenses and the driver or property owner has to possess a collision coverage for their vehicle to be covered by the claim. Deductibles will be included causing a spike in insurance, this depends on state law.
NATURAL DISASTER: PROPERTY DAMAGE CLAIM
Areas that are prone to natural disasters like tornados, flooding, fire, earthquakes, hurricane, and others usually have a different claim experience. Rather than work with the insurance company they work through insurance adjusters, individuals who work for the company. In cases of natural disasters, your insurance policy provides you with information on what it covers and what it does not.
DEALING WITH YOUR INSURANCE COMPANY WITH A PROPERTY DAMAGE CLAIM
Call your insurance company, this is the first step that is crucial to how the claim will turn out. You should inform your insurance company of the situation at hand. Also, note that when dealing with insurance companies it is important to know that this is not a friendly conversation but a business deal. Insurance companies want to pay as less as they can, so get your act together.
Be very aware of every word that comes out of your mouth, this is because insurance companies will want to see how much you are at fault for their interest by proving negligence on your part this is because if they manage to prove you at fault they become less responsible for the repairs.
In dealing with property damage claims some people go as far as getting a lawyer who understands the policies so this claim can beat these insurance companies at their own game.
conclusion
Property damage claims can be very tricky this is because they are different depending on the situation and level of involvement of the parties. You must understand the workings of state law and you inform your insurance company as soon as possible, whether you are at fault or not.
