Why Are The Third Party Claim Costs So High Despite The Car Looking In Good Condition?
We understand your concerns regarding cost.
There are mainly 3 reasons why that happens:
- Hidden damages may exist albeit not able to be seen on the surface.
- If your car is a new one, the damaged parts may not be repaired and instead replaced which contributes to the increase in cost
- There could be additional fees incurred such as 3rd party survey, legal, and loss of use apart from just the repair costs.
There you have it. Those are very likely the reasons why your claim costs is more expensive.
If you need a representative, reach out to our advisor at our mainpage.
How Long Does A Third Party Insurance Claim Take?
Generally speaking, a 3rd party claim should be settled within 6 months.
If it is taking longer than usual, it is very likely that your insurer is requiring more time to settle your case.
If you need us to represent you for your claim, head over to our home page to speak to our advisor.
Is There Someone Who Can Handle The Claim For Me?
The short answer is a resounding yes.
You can either submit a 3rd party claim yourself or appoint a representative to do it for you.
If you would like us to represent you with regards to your 3rd party claim matters, click on this link and click on the call button to speak to our advisor.
If I Have Made A Third Party Claim, How Can I Ensure That My Claim Is Settled Faster?
3rd party claims are typically resolved in 6 months but a longer period of time is needed for insurers to investigate more complicated cases.
Call up your insurer to learn about the updated status of your claim and if they are taking longer than 6 months, there is a very high chance that they are still in the midst of investigating your case.
Here is what you can do to speed up the claim process duration. Make sure you have collected the ample pieces of evidence of the accident scene such as videos, photographs, documents, police and accident reports, etc.
As always, if you have any enquiries, contact our advisor on our home page.
Can my insurer assist me to file a 3rd party claim?
Your insurer cannot directly file the claims for you. You have to do it yourself.
You should file a damage claim under your own policy yourself and once you are indemnified, your insurer will proceed with the recovery procedure only if you’re proven to be the victim of the accident.
If the recovery status is a success, your No-Claim Discount (NCD) will not be docked by your insurer, you can rest assure on that.
If you have any more questions, go to our homepage to contact our advisor.