Claim settlement service

Here is an example of the claim settlement service provided by an insurance company.


If you drive a motorcar and was involved in an accident, you may receive a letter from the other party's lawyers making a large claim for damages from you. It will be quite troublesome for you to handle the claim, as you have to deal with the following uncertainties:


1. Which party is negligent and responsible for the accident?

2. How much is the fair amount of compensation? Is the repair cost a fair price or exaggerated?


If you buy insurance, the task of claim settlement is passed to the insurance company. They have lawyers and loss adjustors to handel the negotiation and settlement. They also pay the acmount of the claim.


It is useful to have insurance to take care of these matters.