If you’re in a fender bender in Burlington, North Carolina, there are a number of results. One is that everyone exchanges insurance information and no claim is made or a minor claim is made where everyone agrees who is at fault. However, there is also a decent percentage of fender benders in which fender bender fraud occurs, where the other party claims to have been injured and need money to pay for their medical bills and time missed at work—even though they are perfectly fine. This is tough to disprove in a court of law, but there are things you can do to help avoid fender bender fraud right after the accident occurs as a driver in Burlington, North Carolina.
CALL THE POLICE
No matter how small the fender bender, call the police to the accident scene to ensure they are witness to the accident and can write up some form of report. This will be very helpful in court in the event that some sort of fraud may take place, as their word is trusted above most people in a court of law.
CALL YOUR INSURANCE COMPANY IMMEDIATELY
Make sure you call your insurance company immediately and let them know what happened and exactly how it happened. Having an auto policy with a company like Don Allred Insurance, who serves the greater Burlington area, will also be helpful in ensuring they are on top of the accident and anything fraudulent that may occur.
TAKE MULTIPLE PICTURES OR VIDEO
With your camera phone or an actual camera, take as many pictures of the accident as possible as this will be useful in the event that fraud later occurs. Shoot the accident itself but also the other driver who may make an injury claim to show them immediately after the accident occurred.
Whether you’re buying a new home or you’ve been living at the same address for decades, you likely know about homeowner’s insurance. You probably also wonder whether or not you really need it, since many people will never go on to make a claim. But even if homeowner’s insurance is not required in your state, it’s still an important part of owning a home. Here are a few reasons why.
Your Lender Requires It
Even if your state doesn’t require homeowner’s insurance, your lender often will before you can get a mortgage or refinance your existing one. This makes sure the lender’s investment is protected against loss. In many cases, a lending application can be cancelled if proper insurance cannot be secured, or the lender may purchase insurance and add it to the monthly mortgage payment. Check with your lender if you have specific questions or concerns.
It Protects Your Investment
Unlike cars, which start to depreciate in value the minute you drive them off the lot, houses generally appreciate in value. Even in rough economic times when home values can take a huge hit they will often recover given time. Homeowner’s insurance can help protect what for most people is their largest investment.
It Guards You From Loss
Homeowner’s insurance isn’t just for the lender’s peace of mind. It can cover you in the event of loss or disaster. If your home ever burns down, or you’re the victim of a burglary, or something else causes potential financial loss, homeowner’s insurance can pay to repair the damage and replace your lost possessions.
Are you a new home buyer looking for homeowner’s insurance? Are you a long time owner who is seeking a new policy and don’t know where to start looking? The agents at Don Allred Insurance can sit down with you and help you decide on a homeowner’s policy that will suit your needs. So give them a call today!