Vehicle Insurance | Intelli Choice Insurance

June 1, 2023 June 1, 2023 / By Charlene Echerivel / Vehicle Insurance/ Insurance Claims/ 0 Comments

What Kind Vehicle Insurance Do I Need?

Vehicle insurance is an essential part of car ownership. It is a legal requirement in most countries, and it helps protect you financially in case of an accident or damage to your vehicle. However, with so many types of insurance policies available, it can be overwhelming to know what kind of coverage you need. In this blog, we'll take a look at the different types of vehicle insurance and help you determine which one is right for you.

Liability Insurance

Liability insurance is the most basic type of vehicle insurance that is required by law in most countries. It covers the damages caused to other people and their property if you are at fault in an accident. It does not cover damages to your own vehicle or injuries to yourself.

Collision Insurance

Collision insurance covers the damages caused to your vehicle in case of an accident, regardless of who is at fault. This type of insurance can be useful if you have a new or expensive vehicle that would be costly to repair or replace.

Comprehensive Insurance

Comprehensive insurance covers damages to your vehicle that are not related to accidents, such as theft, vandalism, or natural disasters. This type of insurance can be useful if you live in an area with a high risk of theft or natural disasters.

Personal Injury Protection (PIP)

Personal Injury Protection or PIP insurance covers medical expenses and lost wages for you and your passengers in case of an accident, regardless of who is at fault. This type of insurance can be useful if you do not have health insurance or if you have a high deductible.

Uninsured/Underinsured Motorist Coverage

Uninsured/Underinsured Motorist Coverage protects you if you are involved in an accident with a driver who does not have insurance or has insufficient insurance to cover the damages. It can also cover hit-and-run accidents.

In conclusion, the type of vehicle insurance you need depends on your individual circumstances and budget. It is important to understand the different types of coverage available and to choose a policy that provides adequate protection for you and your vehicle. Consider consulting with an insurance agent to help you determine which policy is right for you.

Get A Quote

Navigating the Path to Successful Insurance Claims: A Guide to Filing with Confidence

As a Dave Ramsey trusted provider, Intelli Choice Insurance is committed to providing valuable, expert advice to our customers. Today, we'll walk you through the process of filing an insurance claim, whether you're dealing with homeowners or auto insurance, and events such as floods or auto accidents. We'll cover everything from gathering the necessary information to receiving your payout.

Be Prepared: Gather and Store Important Information

Before an emergency strikes, it's important to have all the necessary information ready. Here's a checklist of what you should gather and store:

Insurance policy numbers and documents
Insurance company contact information
Emergency contacts (e.g., medical, legal, or financial professionals)
Digital copies of essential documents (e.g., birth certificates, property deeds, or vehicle titles)

Keep both physical and digital copies of these documents in a secure place, such as a fireproof safe or encrypted cloud storage.

Important information for insurance claims

Initiating the Claim Process: Where to Start

When you need to file a claim, your first step should be contacting your insurance agent or carrier. They will guide you through the process and help determine the type of claim you need to file.
If you're dealing with a natural disaster or widespread event, be prepared for higher call volumes and potential wait times. In this case, it might be helpful to review your policy documents and prepare any necessary information in advance.

Timing Matters: When to File a Claim

Most insurance policies require you to file a claim as soon as reasonably possible after an incident. Delaying the claim process could result in the denial of coverage or reduced payouts.
Keep in mind that each state has specific deadlines for filing insurance claims, which may vary depending on the type of coverage and event. Consult with your insurance agent or carrier for guidance on filing deadlines.

The Essentials: What Information You'll Need

To ensure a smooth claims process, gather the following information:

Your policy number and insurance information
A detailed description of the incident, including date, time, and location
Photos or videos of the damage, if applicable
Witness statements, if available
Repair estimates, if applicable
Police or incident reports, if applicable

Receiving Your Payout: How Soon Will You Get Paid?

The timeline for receiving your insurance payout varies depending on the type of claim, your insurer, and the complexity of the incident. Most insurance companies aim to resolve claims promptly, often within 30 days of filing.
In some cases, such as natural disasters or widespread events, the claims process may take longer due to the volume of claims being processed. Stay in touch with your insurance agent or carrier for updates on the status of your claim.

How Soon Will You Get Paid from an Insurance Claim

By following these guidelines and partnering with a trusted insurance provider like Intelli Choice Insurance, you can confidently navigate the insurance claim process. No matter what life throws your way, rest assured that we're here to help protect your most valuable assets.
Don't hesitate to contact us today for assistance with the claim process. Our team of knowledgeable experts is ready to support you every step of the way.

Get A Quote

Shopping for Car Insurance

Shopping for car insurance can be a daunting task, especially if you're new to the process. With so many options to choose from, it can be overwhelming to know where to start. But with a little bit of knowledge and some helpful tips, you can find the right coverage for your needs and budget.

Understand What You Need

The first step to shopping for car insurance is to understand what you need. Consider the minimum requirements in your state and assess the risks you face on the road. Then, think about any additional coverage you may need, such as collision or comprehensive coverage. Once you have a good idea of what you need, you can begin to compare quotes from different insurers.

Affordability

When comparing quotes, it's important to look beyond the price. While affordability is a key consideration, you also want to make sure you're getting the coverage you need. Look at the policy's limits and deductibles, as well as any additional features or benefits that may be included. You should also check the financial stability of the insurer to ensure they can pay out claims if needed.

Customer Service

Another important factor to consider when shopping for car insurance is the level of customer service you can expect. Check out online reviews to see what other customers have to say about their experiences with different insurers. You can also call or email insurers to gauge their responsiveness and willingness to answer your questions.

Discounts

Finally, be sure to ask about discounts. Many insurers offer discounts for safe driving, multiple policies, and other factors. Taking advantage of these discounts can help you save money on your premium.

In summary, shopping for car insurance can be a daunting process, but it doesn't have to be. By understanding your needs, comparing quotes, considering customer service, and asking about discounts, you can find the right coverage for your needs and budget.

Get A Quote

Surprising Things Insurance Will Not Cover

Insurance is a type of contract that provides financial protection to the policyholder against future uncertainties. It is designed to help individuals and businesses manage risks and minimize potential financial losses. However, there are some surprising things that insurance may not cover, which individuals should be aware of to avoid being caught off guard.

Intentional Acts

One of the surprising things that insurance may not cover is intentional acts. Insurance policies typically cover accidental damage or loss, but they do not cover intentional acts. For instance, if you deliberately damage your own property or cause harm to another person or their property, your insurance policy may not provide coverage.

Natural Disasters

Another thing that insurance may not cover is certain types of natural disasters. While most insurance policies cover natural disasters like hurricanes, earthquakes, and floods, there are some events that may not be covered. For instance, some policies do not cover damage caused by landslides, sinkholes, or volcanic eruptions.

Pests or Insects

Insurance may also not cover damages caused by pests or insects. If your home is infested with termites or rodents, your insurance policy may not cover the damage caused by these pests. This is because insurance policies typically do not cover damages caused by wear and tear or neglect.

Cybercrime

Additionally, insurance may not cover damages caused by cybercrime. If your personal or business information is stolen or hacked, your insurance policy may not cover the resulting financial losses. While some insurance companies offer cyber insurance policies, they may not cover all types of cybercrime.

Damage Caused by Recreational Vehicles

Lastly, insurance may not cover damages caused by certain types of vehicles. If you own a recreational vehicle or a high-performance sports car, your insurance policy may not cover damages caused by these vehicles. This is because these vehicles are considered high-risk and may require additional coverage.

In conclusion, insurance is an essential tool to manage risks and protect against financial losses. However, it is important to understand what insurance policies cover and what they do not. Knowing what insurance may not cover can help individuals and businesses make informed decisions about their insurance needs and take appropriate measures to minimize potential financial losses.

Get A Quote