How Does a Car Accident Claim Work?

One of the first things you need to do after an accident is to exchange insurance information with all the involved parties, irrespective of the accident’s severity. All parties can report the accident to their insurer to start the claims process, as described in the video. Depending on who caused the accident, one can file a first-party or third-party claim.

Filing a claim is just the first step in getting compensation, but a claim number is no guarantee of coverage. It is always best to involve car accident lawyers to ensure you get the compensation due to you. Insurance companies always attempt to offer a low settlement, which may force you to cover some of the costs out of pocket.

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Information you need to file includes the date of the accident, insurance policy number, and a brief of how the accident occurred. If there are witnesses, get their details. The insurer will investigate the accident, get the traffic crash report, and confirm that the policyholder has active coverage. The insurer will transfer the case to a property damage adjuster and a bodily injury liability adjuster (BI adjuster).

The adjuster will assign fault percentages and assess the level of damage. Insurance companies then set a settlement reserve, which can be increased if the car accident lawyers successfully negotiate a higher compensation. Car accident lawyers will consider lost wages, medical bills, and the monetary value of the pain and inconveniences.


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