How Do Property Insurance Adjustors Estimate Repair Costs? According to CBS News, adjusters may, and often do, use computer programs to estimate the cost of repairs based on averages in your area. However, if demand has changed in your area, or if costs have increased, these figures may not always be accurate. How do you
Does Travelers Insurance Raise Your Rates If An Accident? If you file a claim and we make a payment, it is very likely that your rate will increase at renewal. Because of the incident, you’re likely to pay a higher rate for 3 to 5 years. Does Travellers offer accident forgiveness? Yes, Travelers offers accident
Can You Keep The Money From An Insurance Claim? Can you keep the money from an insurance claim? The auto insurer has fulfilled their obligation by making payment on a valid claim, so as long as your policy and state allow it, you can keep the money to use as you choose. Can I just
Can You Decline An Insurance Offer? Can you decline an insurance offer? settlement offer How do you respond to a low insurance settlement offer? State that the offer you received is unacceptable. Refute any statements in the adjustor’s letter that are inaccurate and damaging to your claim. Re-state an acceptable figure. Explain why your counteroffer
Can Insurance Adjusters Tell How Old Damage Is? Can insurance adjusters tell how old damage is? Due to their experience and training, many insurance adjusters can figure out which damages on your motor vehicle are old and which ones are new and a result of the accident. How do car insurance companies know about previous
What Does It Mean If Your Insurance Claim Is Closed? What does it mean if your insurance claim is closed? When an adjuster tells you that he or she closed your claim, it only means they made your request inactive. Claims are closed because insurers don’t hear you. A claim is usually closed because, after