Maximizing Insurance Coverage for Collision Repair: Tips and Tricks

If given the choice, collision coverage should always take precedence over comprehensive. However, it may not be worth sacrificing your deductible to save on premiums if your car is older and/or poor condition.

Most policies offer split liability limits of 25/50/15, wherein the first number represents how much money the insurance company will cover to cover medical, legal or funeral costs for one individual.

1. Get a Quote from a reputable shop.

An effective way of determining whether or not you have the ideal policy is by getting a quote from a reputable shop. When receiving this estimate, make sure that both premiums and deductible amounts fit within your budget, so they will not become burdensome in case of a claim.

Once the shop has examined your car, they will provide you with a repair estimate. Since this step often is the most costly of the entire process, it’s essential that you find one you trust.

Compare estimates from multiple shops before making your selection; but avoid being drawn in by low estimates; these might just lead to subpar repairs that cost more.

Additionally, certain shops may attempt to draw you in with low estimates before tacking on additional “betterment” charges, which can become very expensive.

2. Get a copy of the other driver’s insurance policy.

Collision insurance gives you access to funds more quickly for repairs or replacement than third-party claims can, but their success depends on an insurer determining that you were not to blame in an accident – this process may take time, leading to further delays when getting your car fixed or replaced.

Sean Griswold, chief customer experience officer of Metromile car insurance company suggests taking photos or noting down other drivers’ license plate or insurance information at an accident scene if possible; that way, insurance providers for both drivers can contact each other directly rather than waiting on police to complete reports.

Ideally, the other driver’s liability policy will cover your car damage; but if they only meet minimum state requirements (which often don’t provide enough funds to fully repair your vehicle) then you’ll have to file a claim on your own Uninsured/Underinsured Motorist Property Damage coverage – or “UMPD coverage” as it is known.

3. Contact your insurance agent.

Though collision coverage should be included on every driver’s policy, not everyone heeds this advice. If the other driver lacks insurance or only has minimum liability coverage, you may need to resort to your own collision or comprehensive policy in order to cover yourself – should one exist.

Once a claim has been lodged with your insurance agent, they can work with the other insurer to assess who was at fault and estimate repair costs. Please remember that it is your responsibility to meet your deductible before your insurer will begin paying out claims.

Speak to your agent about the value of your vehicle and whether adding collision coverage would be worthwhile for you. Also ask about accident forgiveness coverage as an optional add-on often offered as loyalty or rewards benefits that can help prevent at-fault accidents from increasing rates – most major carriers offer some form of this feature.

4. Contact a lawyer.

By having access to the necessary information and taking necessary steps, it can help ensure you receive maximum cash payout for your car accident. If you need guidance through this process, an experienced attorney is often best.

Communicating effectively with an insurance company is key. Remain calm and only present facts related to your accident; avoid saying anything that might be used against you later during negotiations. If you prefer, ask an agent to represent you instead.

Collision insurance is required in most states in order to receive full compensation for your vehicle, but keep in mind that insurance adjusters have an incentive to offer you as little compensation as possible. If their initial offer falls far short of your estimated damages, negotiate! If unsuccessful in achieving better terms from them, seek legal advice about filing suit.

By choosing Five Star Body and Paint you get the best repairs while saving up to $1000 on your deductible. Call today to schedule your free estimate.