Navigation Links
icandrive.ca Provides the Top 10 Things Drivers Need to Consider Before Reporting a Car Accident
Date:6/13/2013

Toronto, Ontario (PRWEB) June 13, 2013

Accidents can cost drivers thousands of dollars, in repairs and insurance rate increases. Drivers should consider these top factors before reporting a car accident to the insurance company.

1.    The Other Driver and Vehicle. If you have been involved in an accident with only your own vehicle, with no other driver involved, you are in the position to make the decision on your own about reporting it. If another driver is involved, they have the right to report the accident to their insurance company, which will in turn contact your insurance company. If the other driver plans to report an accident, make your own report as well to ensure your version of events is on the record.

2.    Are There Injuries? You should report an accident to the police as well as the insurance company right away when there are any injuries. The law requires that the police be notified when someone is injured in an accident. An accident police report doesn’t mean the insurance company will be notified, but in the interest of protecting yourself from a lawsuit over medical bills, you should file a claim.

3.    Your Insurance Rates. If you are at fault in an accident, your insurance rates are likely to go up. In some cases, the cost of paying for the damage is less than paying the insurance increase, which will likely affect you for several years. Remember that the rate increase for an accident isn’t related to the amount of damage in the accident; it’s the same whether it’s a minor fender bender or a write-off. This could potentially effect any future car insurance quotes applied for.

4.    Your Driving Record. An at-fault accident on your driving record can affect the cost of renewing your driver’s license due to demerit points. This is another cost that could make paying out of pocket for repairs a good idea.

5.    Who is At Fault? Reporting an accident carries no risk of increased rates if you are not at fault. It’s important to keep in mind that the insurance company will determine who is at fault after it’s reported, so you may not think you are at fault but find out later you were wrong. Ontario’s Fault Determination Rules can help you find out if you are at fault, and there are some cases where fault is obvious, such as if your legally parked vehicle is struck.

6.    Consequences of Failure to Report an Accident. Your contract with the insurance company gives you a few responsibilities, and one of them is reporting an accident within a reasonable time frame. Should you walk away from an accident and then a year later find out the other driver is making a claim against you, you could run into trouble. The other driver has two years to report injuries, so failure to report an accident could come back to haunt you.

7.    Accident Forgiveness. If you have added the accident forgiveness option to your insurance policy, you won’t be charged for the accident as along as it falls within the allowed accidents. Reporting your first accident carries little risk if you have this option.

8.    Previous Accidents. If you have had an accident in the past three years for which your insurance company is currently charging you, you can expect an even higher rate increase. More than two accidents in a short period of time can mean even more serious consequences, including a non-renewal that requires you to seek high-risk coverage.

9.    Your Deductible. In a case where you are not at fault, you won’t have to pay the deductible when reporting an accident – with the notable exception of a hit and run. If you are at fault, you will be responsible for that deductible amount, so consider that cost before you report.

10.    Shopping Around for Insurance rates. Remember that an accident on your record can and will follow you to a new insurance company. Even if you have accident forgiveness at your current company, a new company will charge you for that accident. Plans to shop around in the future could be impacted by reporting an accident; however, even with an accident on your record it’s still possible to shop around for a better rate.

About icandrive.ca
icandrive.ca has compiled a list of driving schools in addition to other useful driving resources including G1 practice test, Class 7 Alberta test,Class 7 Practice Test for Saskatchewan and much more, which can help first time and experienced drivers learn how to drive in Canada in an efficient manner with a focus on exactly what you need to know to be a successful, licensed Canadian driver and stay safe on Canadian roads

Read the full story at http://www.prweb.com/releases/2013/6/prweb10586855.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Driving Safety Tips for the Long Weekend from icandrive.ca
2. icandrive.ca Provides Tips on Handling a Vehicle Write-Off
3. Adding drug to standard chemotherapy provides no survival benefit for older lung cancer patients
4. Study of half siblings provides genetic clues to autism
5. Partnership provides inclusive workout
6. 16th-century Korean mummy provides clue to hepatitis B virus genetic code
7. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Missouri Drivers
8. SEOMiracle.com Provides SEO Services with PayPal Verified Option
9. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Maryland Drivers
10. Wake Forest Baptist research provides clue to unexplained excited delirium deaths
11. Autism Speaks provides strategies to help a child with autism shows difficult behaviors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... "FCPX editors ... customizable inside of Final Cut Pro X," said Christina Austin - CEO of Pixel ... style. Final Cut Pro X users can now reveal the media of ...
(Date:6/27/2016)... ... June 27, 2016 , ... ... industry today announced its strategic partnership with Connance, a healthcare industry leader ... two companies’ proven, proprietary technology combine to provide health systems, hospitals and ...
(Date:6/27/2016)... ... June 27, 2016 , ... TopConsumerReviews.com recently awarded their ... Eyeglasses . , Millions of individuals in the United States and Canada wear eyeglasses. ... way to both correct vision and make a fashion statement. Even celebrities use glasses ...
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, a ... and World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility is ... to some of the world’s leading providers of cereal and other breakfast foods. Its ...
(Date:6/26/2016)... , ... June 26, 2016 , ... PawPaws brand ... new product that was developed to enhance the health of felines. The formula is ... The two main herbs in the PawPaws Cat Kidney Support Supplement Soft ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... -- Revolutionary technology includes multi-speaker listening to ... leaders in advanced audiology and hearing aid technology, has ... the world,s first internet connected hearing aid that opens ...      (Photo: http://photos.prnewswire.com/prnh/20160622/382240 ) , ... firsts,: , TwinLink™ - the first dual ...
(Date:6/23/2016)... , June 23, 2016 The vast majority ... outpatient dialysis facility.  Treatments are usually 3 times a ... per visit, including travel time, equipment preparation and wait ... but especially grueling for patients who are elderly and ... skilled nursing and rehabilitation centers for some duration of ...
(Date:6/23/2016)... , June 23, 2016  Experian ... integrating and transforming the patient payment and ... several innovative new products and services that ... its revenue cycle offerings. These award-winning solutions ... efficient workflows, remain compliant in an ever-changing ...
Breaking Medicine Technology: