So you've made a claim. You wait patiently to for the insurance companies decision on what to do about said claim. Finally, you get there reply. However, to your dismay, they're not accepting your claim. How can they do this! Here's a list of reasons they may reject such a claim:
- Your insurer may come to the conclusion that you were largely (or even entirely) at fault if your claim is related to a theft from the vehicle or of the vehicle itself
- Your car insurance policy may contain a clause witch invalidates the claim
- It is decided the claim should be settled under another policy such as your home contents insurance (particularly in the case of theft from the vehicle)
- You provided information that was untruthful or inaccurate
- You are unable to provide receipts to backup claims of theft of items from your vehicle
- The book price of the car is considerably less than the money you've invested in restoration or enhancements
Insurance companies often use this extremely wooly approach to sharing information to justify rejecting or downscaling claims. Should this situation arise with your car insurance claim there are some important points to remember:
- The small print of your policy carries a lot of weight; study it thoroughly before, during and after your claim (and ideally before taking out a policy in the first place)
- Keeping accurate records of conversations and correspondence along with receipts can make a huge difference in backing up your claim as well as the eventual success of your claim
- The payout figure announced by your insurance company is not set in stone. Rather than just accept the amount on offer you are perfectly entitled to question the payout and put forward you case for why it should be increased
The FOS acts as an independent arbitrator to resolve conflicts between insurance companies and customers, they deal with thousands of complaints every year.
The first step in complaining to the FOS is to confirm your car insurance claim has been dealt with in full by your insurance company. You can raise your complaint with the FOS once your insurer has provided a letter or final response to your complaint or has failed to do so within eight weeks.
Delays in resolving a car insurance claim can lead to massive disruption in people’s lives. Hopefully this post will help make your next claim run more smoothly. We all need help from time-to-time so please don’t be discouraged from contacting the FOS for support with your claim.
info found at http://the-car-insurance-blog.blogspot.com/