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Car Insurance- Soothe The Claim Filing Headache
t seems like insult added to injury, you are in an accident or your car is stolen; now you have to deal with an inflexible insurer.

The method for filing claims after an auto accident or theft was supposed to be uncomplicated- A claim is made, the adjuster estimates and the insurance company issues a check. Lamentably, the process isn't always so easy for the millions of people who file claims each year.

Here are some things you can do to get claims settled as fast and as smoothly as possible:

Take note of the location, time, weather, road conditions, and lighting; you never know what will be relevant later. It is a good idea to keep a disposable camera in your car's glove compartment, so you can snap pictures of an accident scene.

On the other hand you can make a sketch of damage to vehicles and property, and record any other issues such as injuries, if you do not have a camera. Be sure to ask for and keep a copy of the police report for yourself also.

Next contact your insurer without delay: The insurance company could void your policy if you don't. Be sure to report in writing as well to make sure that your rights are protected under law. Check your policy- identify what coverage you have and don't have so you know what you can claim. Ask your agent ahead of time what the claims process will be like and what information the company may need. Keep track of and know the deadlines as well. Some policies have time limits for each step of the claims' process.

If your auto is stolen, your initial response should be similar to any auto accident. First, have a police officer visit the scene and file a police report. Try to have your license plate number and VIN (Vehicle Identification Number) for the police. If the Registration is stolen along with the car, try to obtain a duplicate from the Transport Authorities without delay. Then notify your car insurance company right away. Auto insurance claims for stolen vehicles always take longer to process, because the police are given a reasonable amount of time to locate the stolen car. Stay in touch with the police regarding the development of the investigation. If the car is not traced after a realistic period, get a report from the police to that effect. If the vehicle is traced, tell the company immediately.

Then be sure to track your claim: acquire your claim number and contact the insurance company or claims adjuster for updates. Some car insurers have the ability to let you track your claim's condition online. Sometimes writing a letter to the adjuster or a supervisor can get things moving. Be persistent, but not unbearable.

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Life insurance penetration dipped in 2007: Economic Survey
Life insurance penetration in India dipped in 2007, first time since the sector was opened up for private players a decade ago, Economic Survey for 2008-09 showed. http://economictimes.indiatimes.com/Life-insurance-penetration-dipped-in-2007-Economic-Survey/articleshow/4730129.cmshttp://economictimes.indiatimes.com/Life-insurance-penetration-dipped-in-2007-Economic-Survey/articleshow/4730129.cmsThu, 02 Jul 2009 15:09:34 GMTLife insurance penetration dipped in 2007: Economic SurveyLife insurance penetration dipped in 2007: Economic Survey
India among top 10 world insurance markets
<p>India has for the first time moved up the ranking to be among the top 10 life insurance markets worldwide. <a href="/quickiearticleshow/4186229.cms" target="_blank"><b>Buying an insurance</b></a> I <a href="/quickiearticleshow/4655139.cms" target="_blank"><b>Choosing right insurance</b></a></p> http://economictimes.indiatimes.com/India-among-top-10-world-insurance-markets/articleshow/4729950.cmshttp://economictimes.indiatimes.com/India-among-top-10-world-insurance-markets/articleshow/4729950.cmsThu, 02 Jul 2009 14:15:00 GMTIndia among top 10 world insurance marketsIndia among top 10 world insurance markets
ICICI Pru Life Insurance to launch a new policy every 45 days
In a bid to maintain its foothold in the tight market situation, ICICI Prudential Life Insurance Company is all set to launch a new policy every 45 days this financial year.http://economictimes.indiatimes.com/ICICI-Pru-Life-Insurance-to-launch-a-new-policy-every-45-days/articleshow/4729515.cmshttp://economictimes.indiatimes.com/ICICI-Pru-Life-Insurance-to-launch-a-new-policy-every-45-days/articleshow/4729515.cmsThu, 02 Jul 2009 12:20:41 GMTICICI Pru Life Insurance to launch a new policy every 45 daysICICI Pru Life Insurance to launch a new policy every 45 days
IRDA bars insurance companies from investing in IDRs
In an IDR issue, foreign firms are allowed to mobilise funds from Indian markets by offering their equity shares in the form of rupee denominated receipts. http://economictimes.indiatimes.com/IRDA-bars-insurance-companies-from-investing-in-IDRs/articleshow/4726793.cmshttp://economictimes.indiatimes.com/IRDA-bars-insurance-companies-from-investing-in-IDRs/articleshow/4726793.cmsWed, 01 Jul 2009 22:49:58 GMTIRDA bars insurance companies from investing in IDRsIRDA bars insurance companies from investing in IDRs
ICICI Pru to launch 9 policies this year
In a bid to maintain its foothold in the tight market situation, ICICI Prudential Life Insurance Company is all set to launch a new policy every 45 days this financial year.http://economictimes.indiatimes.com/ICICI-Pru-to-launch-9-policies-this-year/articleshow/4726607.cmshttp://economictimes.indiatimes.com/ICICI-Pru-to-launch-9-policies-this-year/articleshow/4726607.cmsWed, 01 Jul 2009 20:29:24 GMTICICI Pru to launch 9 policies this yearICICI Pru to launch 9 policies this year
SBI Life pips ICICI Pru to become largest private life insurer
SBI Life has taken over ICICI Prudential to become largest private insurer by garnering first year premium of Rs 784 crore in the first two months of current fiscal.http://economictimes.indiatimes.com/SBI-Life-pips-ICICI-Pru-to-become-largest-private-life-insurer/articleshow/4725349.cmshttp://economictimes.indiatimes.com/SBI-Life-pips-ICICI-Pru-to-become-largest-private-life-insurer/articleshow/4725349.cmsWed, 01 Jul 2009 13:25:21 GMTSBI Life pips ICICI Pru to become largest private life insurerSBI Life pips ICICI Pru to become largest private life insurer
IRDA bars insurers from investing in IDRs
IRDA has prohibited Indian insurers from investing in IDRs, saying the insurance law does not allow investment of policy-holders funds directly or indirectly outside the country.http://economictimes.indiatimes.com/IRDA-bars-insurers-from-investing-in-IDRs/articleshow/4724305.cmshttp://economictimes.indiatimes.com/IRDA-bars-insurers-from-investing-in-IDRs/articleshow/4724305.cmsWed, 01 Jul 2009 09:31:22 GMTIRDA bars insurers from investing in IDRsIRDA bars insurers from investing in IDRs
AIG keeps Tata JV out of rebranding plan
Troubled US insurer AIG has kept out Tata AIG, its joint venture with the Tatas, from a rebranding exercise of its Asian businesses as American International Assurance.http://economictimes.indiatimes.com/AIG-keeps-Tata-JV-out-of-rebranding-plan/articleshow/4718135.cmshttp://economictimes.indiatimes.com/AIG-keeps-Tata-JV-out-of-rebranding-plan/articleshow/4718135.cmsMon, 29 Jun 2009 21:04:47 GMTAIG keeps Tata JV out of rebranding planAIG keeps Tata JV out of rebranding plan
Max India plans to raise Rs 400 cr
Insurance and healthcare company Max India plans to raise Rs 400 crore through the QIP route, scrapping its earlier decision to raise up to Rs 650 crorevia a rights issue. http://economictimes.indiatimes.com/Max-India-plans-to-raise-Rs-400-cr/articleshow/4717949.cmshttp://economictimes.indiatimes.com/Max-India-plans-to-raise-Rs-400-cr/articleshow/4717949.cmsMon, 29 Jun 2009 19:19:29 GMTMax India plans to raise Rs 400 crMax India plans to raise Rs 400 cr
WBICS shows to better reach
A weather-based crop insurance scheme, run as a pilot in parts of Maharashtra?s drought- and suicide-prone cotton growing area of Vidarbha has shown to better reach its identified farmer-beneficiaries. http://economictimes.indiatimes.com/WBICS-shows-to-better-reach/articleshow/4715444.cmshttp://economictimes.indiatimes.com/WBICS-shows-to-better-reach/articleshow/4715444.cmsMon, 29 Jun 2009 07:59:46 GMTWBICS shows to better reachWBICS shows to better reach
Insurance sector seeks tax deduction specific to long-term savings
To enhance insurance penetration in the country, the sector is seeking a separate threshold for IT deductions for long-term savings and a relook at the taxation structure in annuity in the forthcoming Union Budget. http://economictimes.indiatimes.com/Insurance-sector-seeks-tax-deduction-specific-to-long-term-savings/articleshow/4710527.cmshttp://economictimes.indiatimes.com/Insurance-sector-seeks-tax-deduction-specific-to-long-term-savings/articleshow/4710527.cmsSat, 27 Jun 2009 14:19:03 GMTInsurance sector seeks tax deduction specific to long-term savingsInsurance sector seeks tax deduction specific to long-term savings
Max New York Life to pump in Rs 700 cr in FY'10
Max India on Friday said its life insurance venture -- Max New York Life Insurance -- would invest Rs 700 crore in this fiscal for expanding business. http://economictimes.indiatimes.com/Max-New-York-Life-to-pump-in-Rs-700-cr-in-FY10/articleshow/4707453.cmshttp://economictimes.indiatimes.com/Max-New-York-Life-to-pump-in-Rs-700-cr-in-FY10/articleshow/4707453.cmsFri, 26 Jun 2009 14:35:58 GMTMax New York Life to pump in Rs 700 cr in FY'10Max New York Life to pump in Rs 700 cr in FY'10
IRDA weighs cut in ULIP charges by 500 bps
Insurance Regulatory and Development Authority is looking at a 500 basis point cut on the charges levied by insurance companies on ULIP investments. This will make the product more attractive by increasing returns.http://economictimes.indiatimes.com/IRDA-weighs-cut-in-ULIP-charges-by-500-bps/articleshow/4703859.cmshttp://economictimes.indiatimes.com/IRDA-weighs-cut-in-ULIP-charges-by-500-bps/articleshow/4703859.cmsThu, 25 Jun 2009 21:14:29 GMTIRDA weighs cut in ULIP charges by 500 bpsIRDA weighs cut in ULIP charges by 500 bps
Aegon Religare Life to invest Rs 230 cr
Aegon Religare Life Insurance, one of the newest entrants in the life insurance market, plans to invest Rs 230 crore into the company this year.http://economictimes.indiatimes.com/Aegon-Religare-Life-to-invest-Rs-230-cr/articleshow/4703806.cmshttp://economictimes.indiatimes.com/Aegon-Religare-Life-to-invest-Rs-230-cr/articleshow/4703806.cmsThu, 25 Jun 2009 20:36:00 GMTAegon Religare Life to invest Rs 230 crAegon Religare Life to invest Rs 230 cr
Insurers plan database to check fraud claims
Faced with mounting losses as claims exceed premium income, health insurers are looking at setting up a shared database of fraudulent claimants and those with pre-existing health conditions.http://economictimes.indiatimes.com/Insurers-plan-database-to-check-fraud-claims/articleshow/4703319.cmshttp://economictimes.indiatimes.com/Insurers-plan-database-to-check-fraud-claims/articleshow/4703319.cmsWed, 24 Jun 2009 19:05:09 GMTInsurers plan database to check fraud claimsInsurers plan database to check fraud claims


check your policy for rental coverage to have transport while waiting. If the mishap wasn't your fault , you can get a rental auto while your car is being repaired, paid for by the other driver's insurance company. If the accident was your fault, you need to have rental reimbursement coverage. If your car was stolen and you have comprehensive insurance, your insurer will probably award you a specific amount each day for a rental.

In this manner when you must file a claim on your auto insurance, you know that everything will be dealt with as smoothly as possible.
Receive a free online auto insurance quote that will save you money by visiting http://www.your-car-insurance.biz, a reliable auto insurance website that provides auto insurance information and resources.

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