In automobile insurance, when an accident occurs, the insurance company will determine the amount of insurance compensation and the liability bearer according to the terms of the insurance contract and the nature of the accident, the liability identification, the driving record of the owner and the actual value of the vehicle, and provide the corresponding claims service for the insured.
The claims settlement process after the accident
1. Reporting: When an accident occurs, the insured shall report the accident in time, provide the insurance company with the time, place, vehicle information, the nature of the accident and other relevant information, and provide the corresponding evidence according to the requirements of the insurance company.
2. On-site investigation: The insurance company will send a claims adjuster to the scene to investigate, understand the details of the accident, and make a preliminary assessment of the damage to the vehicle.
3. Claim audit: The insurance company will review the claim application according to the terms of the insurance contract and the nature of the accident, the liability identification, the driving record of the owner and the actual value of the vehicle, and determine the amount of insurance compensation and the liability party.
4. Compensation processing: The insurance company will provide corresponding compensation services to the insured according to the results of the claims audit, including repair, car replacement, compensation, etc.
The terms of the insurance contract
An insurance contract is a contract between an insurance company and the insured, which defines the liability of the insurance company and the rights and obligations of the insured.
The terms of an insurance contract usually include the following:
1. Insurance liability: the scope and amount of the insurance company’s liability for the insured’s loss.
2. Insurance period: the validity period of the insurance contract.
3. Insurance fee: the insurance fee to be paid by the insured and the method of payment.
4. Deductible: The amount of loss to be borne by the insured.
5. Limit of liability: the maximum amount that the insurance company shall bear for the loss of the insured.
6. Renewal and termination of the contract: Conditions for renewal and termination of the insurance contract.
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How to avoid claims risk
1. Compliance with traffic rules: Compliance with traffic rules can reduce the incidence of traffic accidents, thereby reducing the risk of claims.
2. Install anti-theft devices: Installing anti-theft devices can reduce the risk of car theft, thereby reducing the risk of claims.
3. Regular vehicle maintenance: Regular vehicle maintenance can reduce the incidence of vehicle failure, thereby reducing the risk of claims.
4. Choose an insurance plan suitable for you: The insured can choose an insurance plan suitable for you according to your needs and actual situation to reduce the risk of claim settlement.
Conclusion
In automobile insurance, when an accident occurs, the insurance company will determine the amount of insurance compensation and the liability bearer according to the terms of the insurance contract and the nature of the accident, the liability identification, the driving record of the owner and the actual value of the vehicle, and provide the corresponding claims service for the insured. The insured can reduce the risk of claims by following traffic rules, installing anti-theft devices, maintaining the vehicle regularly and choosing an insurance plan that suits them.
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