5 Types of Car Insurance Claims
Got into an accident or an emergency involving your car? Either you pay for vehicle repair and medical expenses out of your pocket or make a car insurance claim. If you have your car insurance policy, you can request your provider to pay for, or reimburse the expenses according to the terms of your policy.
When making a claim, the insurer will ask you to specify your claim type before proceeding with the claims processing. So before you contact your insurance provider or broker, familiarize yourself first with the different types of claims.
Compulsory Third Party Liability (CTPL) Claim
When you make a claim under your CTPL policy, you’re requesting your insurance provider to pay for the medical expenses of a third party who got injured or killed in an accident caused by your car.
Own Damage Claim
This applies when your vehicle gets damaged or lost due to any of the following:
- Damage to the car while driving
- Carnapping or Robebry
- Vandalism and theft of parts
Excess Bodily Injury Claim
If your car insurance policy has an excess bodily injury coverage, you can file a claim to pay the third party’s game poker medical expense exceeding the $2000 limit under the CPTL coverage.
Third Party Property Damage Claim
You can make this type of car insurance claim when you damaged someone else’s car while driving your own normally and legally, as long as you have a comprehensive insurance policy.
Acts of God Claim
If your car insurance policy has an Acts of God or Acts of Nature (AON) coverage, you can file a claim when your vehicle gets damaged due to a natural disaster such as a flood, typhoon, or earthquake.
Know the right type of car insurance claim to make. When the worst-case scenario happens, contact your provider or broker for your claims request.