Car Accident Claim and Insurance Myths

by Kristen White Blogger When a car accident happens, what follows can either be terrifying or a really smooth process. Some of the determining factors of how the process works out are the myths associated with car accident claims. Many cling to the myths available about what to do, how to proceed, what may occur and what to seek. This article will discuss some of the myths associated with car accident claims and dispel them.

At times information available through movies and certain websites give false details resulting in innocent people making mistakes. Such wrong information influences a person’s decisions and actions which may cause a loss of compensation or settlement for personal injury claims caused by car accidents. As a result, it is important to separate fact from fiction and this can be done if you contact car accident attorney in Alaska.

If someone states that the color of a vehicle affects the insurance rate it is easy to determine that this is ridiculous as the color makes no difference in insurance policy. Aspects that may affect the policy include weather and age, however, color on the other hand plays no role in how much your policy or premium costs. Other myths include aspects like two door cars. Some say that when the vehicle appears sportier it may also seem like insurance costs more. However, the fact that the vehicle has two doors does not affect the pricing. Issues relating to the frequency of repairs, theft, vandalism of the vehicle and safety ratings, may affect pricing but the doors do not.

One myth that has circulated for quite some time is that insurance is higher in newer cars. While many factors may raise the rate of insurance premiums, the newness of a vehicle is not one of them. Factors that directly affect insurance premiums are safety features, what anti-theft mechanisms exist and similar matters that may decrease or increase rates.

Another myth is that old cars have cheaper premiums, however, many studies note that older cars are most often stolen and broken into. This may be due to technological advances in newer cars or that older cars are easier to access.

Some other common myths are related to insurance increases. It is said that parking tickets raise insurance rates. However, the truth is that these are not counted as a consideration with an insurance carrier. They may affect a license through suspension if the parking tickets are not paid but the premium does not change. Others say that speeding tickets increase insurance rates. When only one speeding ticket has been received most insurance agencies will not alter rates. However, when concerns are perpetual or become an issue, they may affect the premium by making it higher.

Most people believe that if their car is stolen, they are covered. However, this is only true if you have a comprehensive coverage that has been purchased as an optional part of a policy. This covers damage that is not related to accident such as theft, fires, weather, wildlife and vandalism. If vehicle damage was caused by an accident it is only covered if there is a collision coverage portion on the policy.

Resource Box: To speak to a lawyer for personal property damage in auto accident the author recommends the Crowson Law Group.

Sponsor Ads

• Ad Space Available - Rent it Now!

Created on May 19th 2020 05:36. Viewed 311 times.

Comments