Let Us Make Sure Your Insurance Coverage is Updated for 2020
Admin • February 19, 2020
You may think about insurance coverage only when you purchase a new car or a new home or when you have suffered an accident and realize that you would have benefited from better coverage.
The outcome of your claim may depend on the types of coverages you currently have; therefore, a review is necessary.
Making sure you have the proper insurance coverage should be one of your New Years Resolutions every year.
Here are some recommendations to ensure that you and your family are fully covered:
Review all of your insurance policies with your insurance agent to make sure you are covered for common scenarios.
Notify your insurer of any changes, such as a new driver or an address change.
Additionally if your children have moved out of the house or a driver no longer needs to listed on your policy, you might be able to reduce your coverage and premium.
Consider optional endorsements.
There are many coverages that are standard with an insurance policy; however, there are the optional coverages that are important to secure. They may increase your premium; however, it may pay off.
Minimize your risks and take steps to ensure your vehicle is in top condition for its intended use. Do not avoid taking it for servicing when it is required or you become aware that it needs maintenance. Being proactive will minimize any risks that you know could prevent you from having an accident or from expensive repairs in the future.
When to consult with an attorney about an insurance claim
If you’ve been injured in a car accident or some other type of accident, you should consult with an attorney before you report your accident to any insurance company, whether it be yours or the other parties insurance carrier. If you unintentionally make a mistake in the reporting of the facts of your accident, you may unknowingly be placing yourself at fault. Those calls to the insurance company are recorded and will be used against you to deny payment or minimize the amount of a reasonable settlement.
Minor versus major injuries: It’s important to realize that what at first might have been considered a minor injury could turn into a major one that requires extensive medical treatment and could result in life long consequences.
If you’ve already accepted a settlement offer, you’re out of luck. You won’t be able to renegotiate with the insurance company and obtain additional compensation, even for newly discovered injuries. An experienced personal injury lawyer will help you determine the full extent of your injuries and advise on the best time to accept a settlement offer.
Serious injuries:
If you’ve sustained serious or permanent injuries in a car crash or other accident, you should speak with a personal injury attorney as soon as possible.
Fair treatment: Many insurance companies do not tend to treat injured victims fairly and many will be non-responsive to your calls for assistance.
If you believe an insurance company isn’t treating you fairly, you should speak with an attorney.
It’s complicated:
Many car accident and other personal injury claims that may be seemingly simply are complicated. Maybe the other driver isn’t insured or is underinsured. Maybe you slipped on your neighbor’s property, but the neighbor is insisting that the accident is your fault. In these situations, an attorney can provide you with the legal advice you need to protect your rights and maximize your compensation.
Please call the Lopez Law Group to review your policy before you visit with your insurance agent.