Having your car repaired after a collision is a big responsibility. If you fall victim to some of the myths that surround the industry, the process could become a nightmare. Below we will go through some of these myths and get to the bottom of them.
Myth: Your insurer is always right about the estimate
Many car owners trust their insurers too much that they often end up being charged more than they should be. Take note that some insurance companies will have higher estimates than the auto shop you chose. If you follow the insurer’s estimate, you could be paying a higher deductible than you really need. Some insurance companies use this as a tactic to get more money from their policyholders. It’s best to ask a professional mechanic to negotiate the cost with your insurer.
Myth: A collision insurance policy covers everything
Just because you have a collision policy in place doesn’t mean you can get away from all the expenses. Take note that this kind of policy requires a deductible. This is intended to cover a portion of the repair cost while the insurer shoulders the rest. A bigger deductible means a lower premium, while a smaller deductible means a bigger premium.
Your insurer will discuss the deductible cost with you even before the purchase of the policy.
Myth: Your insurance premiums will not go up if you’re not at fault
Usually, your premiums will not be affected if you’re not the one at fault for the collision. However, this isn’t an absolute fact. For example, a parked car that got damaged by another driver is covered under the collision policy. However, your insurer will surely dig how and where you parked your car.
If they found at least a little proof that the incident could have been prevented on your end, they may increase your premiums a little. In this situation, you’re not at fault for the accident, but you still have some level of responsibility.
Myth: The insurance company will choose the repair shop
This isn’t true. You can choose the auto shop that you trust for the repairs. After that, the shop will be the one to communicate the expenses to your insurer to get it covered. Still, you’ll be the one to file the claim while the auto shop will serve the proof for the needed repairs, including the cost and extent of the damage.
Also, the auto shop of your choice can help negotiate the cost with your insurance company.
Myth: A comprehensive insurance policy will cover all the expenses
Just like the collision policy, comprehensive insurance may not protect you from the cost of repairs. Take note that comprehensive insurance covers incidents, not accidents. Some of these incidents include hail damage, flooding, vandalism, and so on. If your car figured in a collision, this policy may not be applicable. Nevertheless, a comprehensive insurance policy is a must-have, regardless if your vehicle is old or new.