When an insurance claim is under investigation, you cannot help but feel scared and anxious even if you know that there is nothing to worry about. Sometimes it can be upsetting even when you know that you are telling the truth. The pressure can become too much that you cannot help but wonder, “Can I cancel an insurance claim under investigation?” You should know more about your rights and responsibilities. The more that you know, the better that you will be able to cope.
Why Are Insurers Strit?
Insurers are always going to look out for fraud. There have been a lot of instances wherein there are some insurance claims that turned out to be false. The problem with it is this: you may not always know if you are suspected of fraud. You will just be told that your claim is being investigated. This alone can already make you feel a little bit anxious.
Cooperating with the Investigation
The best thing that you can do is to cooperate with the investigation because the insurer will always have the right to investigate your claim. You always need to make sure that you will be able to cooperate with your insurer provided that the investigation is always going to be reasonable. According to insurance investigation rights, you need to cooperate with the insurance company. In return, the insurance company should be fair and just in doing their investigation.
You need to prove that you have suffered loss or damaged because of the accident. You will then get the rightful amount based on your insurance policy. It can be hard if you would be unable to prove that the claim is true. This is why you need to work with the insurance company so that you can get what is rightfully yours. Yet, sometimes the insurance claim gets too much for everyone so they would rather cancel it. How are you going to do that?
Can You Actually Cancel an Auto Insurance Claim?
Most of the car insurance companies that are available right now will allow you to cancel an insurance claim if you would file it. If in case there is someone else who would file a claim against you, that is the time when you would be unable to cancel it.
Take note that you will be required to report different claims to the insurance company. It does not matter whether you are at fault or not. You still need to make sure that you will file claims immediately. Once you have filed a claim and you feel that it is not something that you need any more or it is interfering too much with your life, you can just cancel it.
Cancelling Your Auto Insurance Claim
Remember that if the claim is for the damage to your vehicle and you know for a fact that you are not at fault, there is not going to be any problem about cancelling the claim. If you are at fault, this is going to be a bit different.
You need to check out the laws that have been set by the state where you are currently living in. Then, you also need to make sure that you will pay for the damages. If in case the other driver has filed charges against you, the best thing that you can do is to just go through the whole process. Remember that you will not be allowed to cancel a claim that you have not filed.
How is Fault Determined?
How will you know if something is your fault or not? A lot of the insurance companies will make sure that they will thoroughly investigate what has occurred. To ensure that you are always protected, there are some evidences that you have to look for. Some of the evidences that you need to gather are the following:
- The insurance information of everyone who is involved in the accident.
- Provide all of the contact information of all the people who are involved in the accident.
- Your vehicle information and the vehicle information of the other party.
- Some of the photos of the scene.
Gathering all of the right details will help determine how the claim should be processed. Knowing how much you will receive will help you determine if the claim should actually be cancelled or not.
How to Cancel an Auto Insurance Claim
Let us say that you have finally decided that you are going to cancel your auto insurance claim. What are the things that you have to do to make this happen?
- Give your insurance company a call.
- You can also call your insurance agent if you think that this will be more helpful.
- If you have already been assigned to a claim representative, that is the time when you can speak to them about cancelling your claim.
You need to remember that even cancelling your auto insurance claim would need to undergo a process to ensure that everything will work out perfectly. You need to remember that if ever you decide to cancel, you will not be forced by the insurance company to take their check even if it isn’t your fault.
Your insurance representative will be more than willing to help you because some of them will get bonuses depending on the actions that they will do for you and the insurance company. If in case you have already gotten your check, it is still not too late to cancel as long as you have not deposited or cashed the check yet. Just call the insurance company and they will provide you with the next steps to do.
Reasons to Cancel Your Insurance Claim
Can you cancel a car accident claim? Yes, you can but why would you? These are just some of the reasons why:
- You cannot afford to pay your deductible.
- The deductible amount is very close to the price of the repairs that your vehicle might need.
- You know that there is a chance that your insurance rates will increase.
There are still other possible reasons why but you need to make sure that you have already decided if you would like to cancel an insurance claim.