Whether it is an accident, vandalism or burglary, the best thing about owning a car Insurance is, you can make the Insurance Company handle the replacement of the missing expensive accessories / damaged parts or repairs in many cases by just filing a claim and paying a minimum amount of deductible.
When you speak to the insurance agent about the claim they will start an initial examination checklist to ensure that the claim is valid and what part of the claim if any is to be paid by the insurance company according to your policy. There are many questions the insurance company might ask of you and any other information gathered will be from your policy and coverage information.
The first thing the insurance agent will check for is to make sure your policy is active. When you file a claim your insurance policy must be paid up-to-date and not have lapsed to obtain your coverage.
The Claims are usually Validated after reviewing the policy rules and if there are items damaged or stolen which are not covered by the policy contract, the coverage amount cannot be claimed. You will also not be able to claim if you just have a liability insurance or a third party cover in instances of car burglary.
The checklist examination is the guideline for what will be covered. The checklist will allow the agent to determine if “acts of God” are covered under you policy. If they are not and you suffered from fire or flood, then your claim is not valid and will receive no reimbursement. Also, if a vehicle is stolen or vandalized and contains expensive items inside, those items are only subject to an insurance claim if it is stated so on the insurance policy you have.
While the insurance company is liable for valid claims, it is dependent upon the policy holder to uphold the policy requirements. If the holder failed to take the proper actions on their end, the insurance company will deny the claim. This will leave the victim of the crime responsible for the damages that occurred.
Other than looking out for policy reasons, the trained insurance agent might even carry a checklist to rule out suspicion in case of fraudulent claims. For example Expensive trunk load of goods carried in an old car, if reported as stolen and has been filed for a claim, the agent might raise a suspicion that it might be a fraudulent claim by the policy owner. Misleading facts and false information might lead to the coverage being denied. Once the checklist is complete along with the Initial examination, the agent forwards the case to its assessor along with his reports of examination, to assess and approve claim, if it is genuine.
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