I appreciate your efforts on this file and for the excellent report you authored. Your report was invaluable in getting us to the point of settlement with State Farm.
— Thomas R. TerMaat
Smith Haughey Rice & Roegge
Are you in the market for car insurance? Besides considering the best options for you from a premium perspective, it’s a really good idea to know which insurance companies are known for the best claim service as well.
If and when the time comes that you are in an accident, will the insurance company pay your claim in full and in a timely manner? If the accident is bad enough for a Diminished Value claim, will your insurance company comply and fulfill their obligations or will they make things difficult? In our experience, we have found that Allstate, Farmers and Progressive have been the best companies to with.A Diminished Value claim will most often be paid by the at-fault driver’s insurance company. However, what if the other driver is uninsured? A few states -- Washington, Kansas and Georgia -- allow for collecting a diminished value claim under your collision policy. However, a diminished value claim can be collected in any state under a policy's uninsured (or underinsured) motorist coverage.
So whether you are currently in the market or will be shopping around for the best rates in the near future, don’t forget to go the extra mile to see which insurance companies are known for their quality claims service. It could mean the difference between headaches and lost car value and a smooth claim process, paid in full.