Your Auto Insurance May Cover More Than You Think
(NAPSI)-Insured drivers whose cars are damaged in accidents may be covered for more than they think, says the Council of good Business Bureaus (BBB).
For illustration, although many drivers have insurance coverage for a substitution rental car, they may not realize it because this optional coverage was added at such a minimal expense, normally just a couple of dollars a month. This insurance coverage provides immediate access to a substitution rental car until repairs are made to their damaged car, or they are authorized by their insurance company to purchase a new car.
Gap insurance coverage is another inexpensive option. With this insurance coverage, drivers whose cars are totaled may not have to continue making payments on the balance owed on the car. Without this insurance coverage, drivers have to pay the balance of their lease or loan even if their car is totaled.
Here are some tips to help if your car sustains damage:
• study damage as soon as possible. If your car is not drivable, your agent or claims center may be able to have the car towed straight to the fix facility. In add-on, arrangements may be made instantly to provide you with a substitution rental car, if your policy includes this insurance coverage.
• Ask what is covered before authorizing work. Expect your insurance adjuster, claims representative or fix facility valuator to reappraisal the harm with you and explain the fix process, including the use of master or generic auto parts. Earlier authorizing repairs, know what your deductible is, as well as any additional charges you will be expected to pay.
• Ask about guarantee. Ask whether your insurance company has a fix facility referral program that offering a written limited or life repair guarantee backed both by the repairman and insurance company for as long as you own your vehicle.
• Do concern only with a reputable company. Obtain insurance from companies, independent brokers or direct marketers that have a proven track record of handling auto insurance claims effectively. Get a referral or contact BBB or your State Department of Insurance.
As part of a nationwide consumer education program entitled Wiser Drivers Wise Up, the BBB encourages drivers to review their auto insurance policy annually. Knowing as much as possible about your coverage will help you get your money’s worth. For more details, go to www.wiserdrivers.com