Have you recently been in a car accident that wasn’t your fault and now have vehicle damages and medical bills to worry about?
It’s hard to know what to do. But filing a third-party claim can help get you the money you need to recover from your damages and injuries.
But maybe you think filing a third-party claim sounds complicated and confusing and you’re not sure what to do.
Don’t worry. You will sail through the process once you read this guide and find out everything you need to know about filing a third-party insurance claim.
Third-Party Insurance Claim
With a first-party insurance claim, you’re making a claim directly against your own insurance company. When it comes to a third-party insurance claim, you’re submitting your claim against another person’s insurance instead.
A third-party claim holds the person accountable for your vehicle damage by allowing you to use their car insurance policy.
Most states require drivers to carry a minimal amount of liability insurance, so you may be able to receive compensation for your medical expenses too.
You can file your third-party insurance claim directly with the other driver’s insurance company, or you can have your insurance company work with the other insurance company. They will work to figure out how much coverage you can get.
Filing a Third-Party Claim
When making a third-party insurance claim, you need to make sure you have all the information you need first.
If you couldn’t gather this information at the accident scene, you can contact the police officer assigned to your case for the report information.
Ask for information like:
- Policy information, names, and phone numbers of all involved
- Pictures of damage at the scene
- License plate numbers and make and models of the cars involved
- Names of the officers who responded
- Details of the accident, including weather and location
You’ll also want to call your own car insurance company, even though the accident wasn’t your fault. You pay a lot of money for car insurance every year so use your insurance to make the process smoother.
Next, you’ll work with a claims adjuster who will investigate the accident and the damages to your car. Third-party insurance claims have different rules in different states, and things become tricky. So find expert attorneys like Curcio Law Offices to help you navigate through this process.
Third-Party Claim Settlement
Most third-party claims filed end with a settlement. Insurance policies are supposed to cover your losses and therefore prefer to pay you a payment in return for you agreeing not to take them to court.
Remember, insurance companies want to minimize their costs, and reaching a settlement agreement releases them from any further liability.
Insurance companies determine a settlement amount by investigating you and your claim. They will look to see if you have ever filed a claim before. They’ll also look at medical documentation and loss of wages before coming to a decision.
Now you know about filing a third-party claim, you can take the following steps towards your recovery today!
A third-party claim is a way to get the compensation you deserve and the money you need.
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