You were riding your motorcycle when the accident occurred. It makes sense that you might be wary of making an insurance claim after a motorcycle accident. After all, the majority of people do not frequently file claims.
You should study the policy and speak with your insurance agent for the specifics because each insurance company has its own procedures for handling claims. Read on to find out how you can navigate through the most typical claim-filing processes.
Steps to Take First
Three major factors influence the filing of a motorbike insurance claim.
- You’ve had a collision
- You’ve had your motorcycle stolen.
- The damage or destruction to your motorcycle resulted from events other than an accident.
If you have been in an accident, the first thing to do is to look for any injuries and, if necessary, get medical help. The following action is to evaluate the damage by getting your motorcycle off the road and inspecting it. Snap pictures of the damage and the scene where it occurred.
Do You Need to Make a Claim?
In addition to the one responsible, the outcome will rely on whether the damage is covered by your insurance plan, whether anyone was seriously hurt, and the severity of the motorcycle’s damage.
The first step in making a claim, however, is to call your insurance provider if the damage is significantly greater than your deductible. However, it would be beneficial if you waited at least a few days because internal injuries that may not have been noticeable at the time of the event could become apparent later.
How Should I Make My Claim?
Calling your insurance agent or firm is the first step. Make sure to be truthful and sincere when giving responses to inquiries and sharing information. Your claim will be handled by an adjuster once that procedure is finished. They will determine how much it will cost to repair your motorcycle, and the insurance company will make that offer.
Additionally, depending on your insurance, the insurer might help you with transportation to the repair facility, figuring out whether you need a rental, and any other necessary details.
The insurer will take care of paying your mounting medical debt if you were hurt. If not, you must now wait while the claims procedure is carried out.
Keep in mind that certain sources of damage, such as natural disasters, may not be covered by the policy. This is frequently the case with an “act of God,” so read the policy carefully and go over it with your insurance agent before proceeding.
When Will It Be Done?
The claims procedure varies depending on the insurance provider, the kind of accident you were involved in, and the degree of the motorcycle repair costs. However, the majority of claims take four to six weeks on average to be processed.
Can You Bargain?
Even if you don’t obtain the full amount you want, your settlement will likely be larger than the insurance company’s initial offer if you negotiate well.
Will My Insurance Rates Increase?
Risk is the factor that the insurance company values most when determining premiums. That is, whether they determine that the accident has made you a greater risk. Even if you are not at fault, there are a number of reasons why the insurance provider may see you as a greater risk. The insurance provider evaluates you in order to calculate risk. However, your premiums may also increase if you drive a motorcycle that is more likely than others to be involved in accidents.