Insurance is sometimes frustrating to figure out if you don’t have someone to help you understand coverage options, limits, deductibles, and the countless other important factors that make up a part of your insurance. You have to have insurance on your car to drive it around, and health insurance, house insurance, life insurance, and business insurance often factor prominently in life.
Each type of insurance has its own set of terms, so even learning all about one type of insurance often isn’t enough to eliminate the confusion that comes from trying to figure out which way is up. There are a few things that all types of insurance share between them, however.
The first is the deductible. This is the amount that you pay to the insurance company prior to the company covering anything that the policy handles. For example, if you get in a car accident, you pay the deductible part of car repairs, and the insurance company pays the rest. Some insurance types, like health insurance, also include other payments you are financially responsible for. These are generally referred to as co-payments or co-insurance.
You also receive a list of coverage options from the company so you know exactly what gets covered. Insurance is very specific in the types of claims that they pay out for, so it’s important to understand exactly what you have as a coverage option, and what you have to pay for yourself outside of the insurance you hold.
Get in touch with Don Allred Insurance Company in Archdale, NC to find out all of the insurance options that are available to you.
Getting into an accident with a deer can be a complicated situation. Although you may assume that your insurance policy will cover a hit and run accident that involves a wild animal, the fact is that many policies may have limited protection for a situation that involves a deer.
Although it might seem logical to assume that your collision coverage will pay for the damages to your vehicle, a deer is not classified in the same way that a car or inanimate object is classified. As a result, it may not be covered under your collision protection plan.
Generally, a deer is excluded from collision coverage due to the fact that it is a live creature and can act in unexpected ways. It is not another vehicle or a lamp-post and it is usually classified under a different situation.
Even though a collision policy may not cover a hit and run accident with a deer, it may be possible to make a claim on a comprehensive policy.
Comprehensive coverage is designed to address the unexpected problems that can arise in relation to the weather, animals or other natural situations. An accident with a deer or other wild-life is usually covered by a comprehensive plan unless it is specifically excluded from the policy. The reason is that an accident with an animal is classified as an act of nature and you did not have any control over the situation.
There are a variety of problems that can arise when you are driving, but that does not mean that you need to make a claim on your collision policy. To learn more about the process of filing a claim, contact us to speak to an agent.