Payment of insurance compensation in the event of a road accident

Traffic accidents are not uncommon today, because every third person owns a car.

Because of this, cases of appeals to insurance companies to receive insurance payments in the event of an accident occur quite often in practice.

However, not every citizen of Ukraine knows how to get these payments. What shows the relevance of the chosen topic for today?

Therefore, in this informative article, we will talk about how to get proper insurance compensation payments in the event of an accident.

Who can expect to receive insurance payments in the event of an accident?

As a rule, the subject of appeals to insurance companies for compensation in the event of an accident is the injured party.

The injured party should be understood as a legal entity or an individual who suffered damage to life, health, or property as a result of a road accident involving the use of cars.

Where should I contact?

If there was an accident and the motor vehicle was significantly damaged, that is, an insurance event occurred, then you shouldcontact an insurance organization that is authorized to carry out mandatory civil liability insurance for owners of land vehicles.

During what period should I contact the insurance company?

In the event of an accident with another road user, the driver of the car involved in the incident must contact the insurance organization within three working days from the moment of the accident with a notification of the accident, as well as ensure the provision of information about the current location of his vehicle, property, who was harmed, indicate the mobile phone contact number of the injured party or close relatives or family members and indicate their place of residence.

After the car driver has provided the insurance organization with the above information, he has the right to submit a written application to the insurer within 1 month for compensation for the damage and to receive insurance payments.

What should be indicated in the application?

• Full name of the insurance company to which the application is submitted;
• Applicant’s full name, current place of residence or registration;
• A description of the applicant’s property claims for compensation for the damage and evidence supporting these claims;
• Data and information on the already conducted mutual settlements between citizens who have become participants in road accidents;
• The date of writing and submission of the application by the person, as well as the signature of the applicant.

In addition, the following package of documents should be submitted together with the application for compensation for damage caused in the event of an accident, namely:

• Documents certifying the applicant (for example, a passport when applying by an individual);
• Documents entitling the citizen to receive insurance payments from the organization (power of attorney, certificate of the right to inheritance) in cases where the applicant is not the injured party;
• RNOKPP – for individuals, EDRPOU – for legal entities;
• Documents confirming the death of the victim and his burial (required if the accident caused damage to the life and health of the person who died as a result);
• Information about the financial accounts of the applicant for further receipt of insurance payments.

Do you want to receive insurance compensation payments in the event of an accident?

In such a situation, qualified assistance from lawyers from the “Prikhodko and Partners” law office will never be superfluous.

Our specialists perfectly understand the complex issues of compensation for damage caused in the event of a road accident, because we have many years of experience in applying the current norms of Ukrainian legislation in practice.

In addition, we always work for the result for our clients. So don’t delay and contact our company!