Some Tips Regarding Insurance Policies and Claims

Make sure you know where your insurance policy is.  There may come a day when you really need to review the language in that policy.  It would be nice if you didn't have to order a copy of the policy and wait several days to receive it.  

Make sure you have your "Declarations Page" handy.  This is a summary of all the coverage you have on your policy (including comprehensive coverage, liability, property damage, etc.).  If you don't understand the coverage you have, ask your insurance company and/or insurance agent for an explanation.

Make sure you have "uninsured motorist" coverage.  Many people are driving out there without any insurance and/or without enough insurance.  There will likely come a time when you need to turn to your own company after an accident.  Also, get as much UM coverage as you can comfortably afford.  Don't just get the minimum.

Consider rental car insurance.  If you have an extra car, don't worry about this.  However, there may come a time when you need a rental car and you don't want to be beholden to the other party's company.  They may stall, delay, investigate, etc.  In the meantime, you need a rental car and you may be out of luck unless you carry rental car insurance on your policy.  If it's not too expensive, consider adding it.  

You should report accidents to your insurance company.  If you don't, there is a risk they will deny coverage later on if you (or another party) decide to make a claim.  Timely reporting of an accident is typically required in most auto insurance policies.  

After an accident, be very careful of what you say to any insurance company.  Things you say to the responsible party's company and even to your company may come back to haunt you in the future.  Keep your cool when making a claim.  Also, consider getting advice first from an attorney who handles personal injury cases.  They can certainly give you some guidance and things to keep in mind to help you navigate your claim.  If you are injured after an accident, you should definitely consider getting care right away.