Involved in a car accident?
Hopefully, it will never happen but if you find yourself involved in a car accident, the following steps can guide you through the process:
- First and foremost, do a health check and get to safety
- Document the accident. If a third party is involved, exchange information. Get their name, phone number and car registration details
- Even if you think the accident’s your fault, don’t say this to the other drivers or the police. Your insurance company is there to determine fault on your behalf
- Once the dust settles, contact your broker who’ll assist in lodging your claim
As a general rule, know what you’re covered for. Don’t wait until after an accident to find out your policy doesn’t automatically cover costs for a replacement car, for example. In most cases, it only costs a few dollars a month to add rental car reimbursement to your policy.