Accidents can happen anywhere, anytime, by your own fault or another person. What’s important is to be prepared for such mishaps. This is where Own Damage Car Insurance comes in handy.
As the name suggests, an own damage car insurance policy refers to a plan that provides cost coverage for any damage caused to the policyholder’s own vehicle. This may be attributed to man-made damage, such as the one caused during an accident between two cars, or natural calamity like earthquake, flood, and the like.
In any of the above events, sufficient damage may be caused to the vehicle of the insured. With the own damage insurance for a car, the repair cost for this damage is covered by the insurer for the policyholder.
In case of own damage to the policyholder’s car, the very first step is to report the incident and the subsequent damage to the insurance company at the earliest.
1. As stated earlier, report the incident to your insurer as early as possible.
2. Make sure to submit all the desired details and relevant information pertaining to the accident to your insurer.
3. In case damage to the vehicle had been caused by a third party, it is imperative to inform the police about the incident as well.
4. File a claim for accident coverage with the insurer. The latter would then appoint a surveyor to conduct surveillance of the accident site and assess all relevant details pertaining to the accident in the claim.
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