Question: No Ticket, No Claim, but Now Insurance Wants More Information
My son recently experienced a tire blowout that caused him to end up in the median after hitting the guardrail. An officer came to the scene, took his statement, and filed an incident report. Six months later, our insurance company reached out asking for additional information, specifically a copy of the police report, warning that we might be dropped if we don’t comply. I have a couple of questions: Where could the insurance company have obtained this information—was it just from the DMV? Also, how should we proceed from here? If we provide the police report to the insurance company, could that create problems for us later? Would it be better to switch insurance companies and accept the potential increase when they check the DMV records? I’m looking for advice on the best course of action. Thanks!
It sounds like you’re dealing with a tricky situation, and it’s understandable to be concerned about the potential implications of providing the police report to your insurance company. Here are a few thoughts on how to proceed:
Where Did the Insurance Get the Information?
Insurance companies often receive information from various sources, including DMV records, police reports, and sometimes even direct reports from involved parties. In your case, it’s likely they accessed the DMV or incident reports related to the accident.
Providing the Police Report:
If you provide the police report to your insurance company, it could indeed impact your claims process and premium rates. Typically, any accident reported to your insurance can affect future premiums. However, if the accident is already recorded by the DMV, not providing the report may not change the outcome.
Considering a Switch:
If you’re worried about increased premiums or potential issues in the future, researching other insurance providers could be a smart move. Just keep in mind that any new provider will likely also access your driving record, and the accident will still be there. It’s essential to weigh the potential increase against the service level and terms of the new policy.
Consult a Professional:
If you have concerns about potential liabilities or issues, speaking with an insurance agent or even a legal professional could provide clarity. They can give you personalized advice based on your specific circumstances.
Ultimately, your decision should balance immediate needs (like keeping your coverage) with long-term considerations (such as premium increases or future claims). Good luck, and I hope this helps you navigate the situation!