How to File a Claim
If you have an insurance claim, it pays to know how to file it. That way the claims process can move as smooth as possible and be over with as fast as possible. If you find that there is a possibility for a liability claim, you need to know how to report it as soon as possible. If you're then one who has the liability claim, knowing how to file will work to your advantage.
Once the insurance company is aware of the possibility of a claim, they can start readying themselves for the claim itself. This means making any and all notes on the account and getting the necessary paperwork ready. It is good that they are prepared so that the process can run as smooth as possible.
Reporting a Possible Claim
The specifics are very important. You have to make sure that all details like time of occurrence are in order so that you can report them as you perceive them from your end. The first thing you are going to do is call the insurance company so that they know what is going on. Both you and them are going to appreciate this contact.
You will want to tell them what the possible claim entails. For instance, was it an automobile accident? Was someone injured on the property in a slip and fall accident? You need to make sure you have all details in order.
Filing a Liability Claim
When filing the liability claim, there are certain steps that you want to take. First, you need to make sure the report is occurring as soon as possible. The sooner, the better because the details are fresh. Second, you want to recall as much as possible.
When recalling the incident, you want to include the how, when, and where. You want to state how the accident occurred, when it happened, and where it happened. All of this information is crucial because you never know when witnesses can be located or even video footage of what happened.
If you know of the names of any witnesses who were present, provide their names. Provide their addresses and telephone numbers if you can. Any time an accident takes place, you want to gather as much information as possible. This also includes the witnesses because they can make or break your case.
You will need to gather and provide to the insurance company any notices, demands, summonses, or legal documents that are received in relation to the case. The insurance company needs all of this documentation as soon as possible so that they can do their job. You will also need to provide the insurance company with any information they need to obtain information and records that can help the case.
When you obtain your general liability insurance policy, you agree to cooperate with the insurance company in any and all ways possible. That way, the right result can be achieved, whether it is in your favor or not. The goal of the insurance company is for the case to work in your favor so that they don't have to pay out a large settlement, so expect them to work hard for you. But if there is a valid case, they will pay the damages for you.
By paying the damages for you, you are relieved of the financial burden of having to pay them out of pocket. This can save you tends of thousands of dollars. You get all of this just for paying an insurance premium. Considering the low cost of the premium, it is quite a small price to pay for the financial protection you receive, so make sure you understand your policy thoroughly and know exactly how to file a claim.