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Publication date: 08.05.2024
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A traffic accident is a situation where one or more vehicles (usually cars) are involved in an accident on the road, which can result in property damage, injury or death.
In Ukraine, the procedure for solving issues after a traffic accident includes the following steps:
1. Ensuring safety: First of all, you need to make sure that all participants in the accident are safe.
2. Call the police: In Ukraine, drivers must call the police in the event of an accident, if there are victims, injured persons or significant material damage. The police will draw up a traffic accident report and help resolve the issue of compensation.
3. Completion of the traffic accident report: After the police arrive at the scene, they will draw up a traffic accident report in which all important details and circumstances of the accident will be recorded.
3. Contacting your insurance company: If your car is insured, after an accident you will need to contact your insurance company for instructions on what to do next. You will usually need to submit an insurance claim and provide all the necessary documentation.
4. Medical care and rehabilitation: In case of injuries, it is important to receive appropriate medical care and rehabilitation. Medical expenses may be reimbursed through insurance companies or other programs.
In the case of an insurance event on the roads of Ukraine, such as a traffic accident, the procedure for collecting insurance payments for insurance compensation may differ depending on the type of insurance, insurance company and policy conditions.
The main types of motor vehicle insurance in Ukraine, which may apply to road accidents, are:
1.Compulsory civil liability insurance (CLI): This is a mandatory type of insurance for all owners of cars that are serviced on the territory of Ukraine. This insurance covers damages caused to other road users.
2. Voluntary motor vehicle insurance (CASCO): This type of insurance can include various risks, such as damage from road accidents, theft, fire, etc.
In the event of an insured event, it is necessary to contact the insurance company and submit an application for receiving an insurance payment for a road accident. Usually, the insurance company investigates the insured event and determines the amount of compensation according to the terms of the policy.
If you have CASCO (Voluntary Motor Vehicle Insurance) and need to collect an insurance claim due to an insured event, here are some of the steps you usually need to take to collect from the insurance company:
1. Notifying the insurance company: Notify your insurance company of the insured event as soon as possible after it has occurred. More time that passes after an insured event can complicate the process of receiving compensation.
2. Submitting a claim: You will usually need to submit a claim to your insurance company. In this application, you must describe all the circumstances of the insured event and provide any additional documentation that may be required.
3. Investigation of the insured event: After you have submitted a claim, the insurance company will conduct an investigation to determine the circumstances of the insured event and the amount of compensation.
4.Damage assessment: The insurance company can send an appraiser to assess the damage. This appraiser will determine the extent of the damage, suggest repairs, or determine the market value of the vehicle in the event of a fatality.
5. Conclusion of an indemnity agreement: After completing the investigation and assessment of damages, the insurance company will usually enter into an indemnity agreement with you. This agreement will determine the terms and amount of compensation.
6. Getting Reimbursement: After signing the reimbursement agreement, the insurance company will usually pay you the insurance reimbursement.
Payment terms and conditions may vary from company to company and depend on the specific circumstances of the insured event. It is best to contact your insurance company directly for detailed information on the payment procedure in your particular case.
An insurance lawyer, especially one specializing in insurance claims, can be invaluable when dealing with matters related to insurance claims and CTP (Compulsory Third Party) recovery. Here's a breakdown of what these terms entail:
Insurance Lawyer: An insurance lawyer is a legal professional who specializes in matters related to insurance law. They can provide legal advice and representation to individuals or companies involved in insurance disputes, including disputes over coverage, claim denials, or bad faith insurance practices.
Insurance Claims Lawyer: This is a specific type of insurance lawyer who focuses on handling insurance claims. They assist clients in navigating the process of filing insurance claims, negotiating settlements with insurance companies, and representing clients in litigation if necessary.
CTP Recovery: CTP recovery refers to the process of seeking compensation under a Compulsory Third Party insurance policy. In many jurisdictions, including some parts of Australia, CTP insurance is mandatory for all registered vehicles and provides coverage for personal injury claims arising from motor vehicle accidents. CTP recovery involves pursuing compensation for medical expenses, lost wages, pain and suffering, and other damages from the at-fault party's CTP insurer.
