Guide To Filing Chicago Auto Insurance Claims

Getting into a car accident is an overwhelming time, and filing Chicago auto insurance claims doesn’t have to be a complicated process if you know what to do before an accident occurs. Waiting for an accident to happen before learning how to file a Chicago auto insurance claim is never a good idea, since you’re worked up from the accident. Take a few moments to familiarize yourself with the process of filing a claim, and if the unfortunate occurs and you are in an accident, you will already know how to go about filing a claim.

There are two types of claims people make; one involves damage to your vehicle , and the other involves injury to people or their property. If you hit a mailbox with your vehicle, you would file a Chicago auto insurance liability claim. If your vehicle is damaged in an accident, you would file a Chicago auto insurance collision claim. If you have cheap auto insurance, it’s possible that you don’t have full coverage for collision in which case the cost of damages made to your vehicle will not be covered by your auto policy.
In your vehicle, you should keep your Chicago auto insurance agent’s contact information. This allows you to call them at the scene of the accident for immediate advice and to get started filing the claim.

After you report a claim to your Chicago auto insurance agent, often a claim’s adjuster will be called to assess the damage. They will often provide you with an estimate of damage, but keep in mind you can sometimes prove that the amount the adjuster provided is too low by obtaining further analysis by several mechanics if you feel the adjuster reported an amount that is too low to have your vehicle repaired.

After the accident, you might be required to provide further information to support your Chicago auto insurance claim. A medical report, police report, and auto repair receipts are often required as proof of the claim.

If you pay very cheap auto insurance rates, it’s possible that you’ll have very high deductibles. Deductibles are the amounts you’ll have to pay before your Chicago auto insurance policy will pay any money towards your expenses. It works similar to a medical insurance deductible; if your deductible is $500, and your total losses are $1500, than your insurance company will pay $1000 and you will pay your deductible of $500.

Hybrid Electric Vehicle – Down to the Parts

With all the great news from the auto industry introducing another hybrid vehicle or another electric vehicle, this article explores a bit what such vehicles are made of. What are the differences with the conventional petrol car and what might the future hold for them?

The first difference you see these days is that both the electric vehicle and the hybrid vehicle come with a plug to charge it at home; the conventional vehicle has not. The conventional vehicle also has no electric engine to power the wheels or a large battery to power this engine. The conventional car of course does have a battery, but that is just used for starting the internal combustion engine and it acts as a buffer for the electrical systems used. Power in the conventional vehicle is generated by the combustion engine.

For an electric vehicle, there are two main components: the electric motor and the battery. The electric motor is the one to power the wheels of the vehicle and the battery is used to bring along energy for the trip. They almost all have the option of regenerative braking, which allows one to recover energy when slowing down and charging the battery a little while doing so. This is a great method to increase the overall efficiency for a vehicle! Further more there is often a special battery management system (BMS) which ensures the battery is kept at the right temperature and is not charged or discharged in a way that can damage the battery.

For a hybrid vehicle there are a few more main components: besides the electric motor and the battery, there is also an onboard power source like the conventional combustion engine (but also a fuel cell is used for example). Additionally, there is a system that somehow connects the power from the battery and the for example combustion engine and gets it to the wheels. There are many ways to do this last step, the simplest being that the combustion engine would be used as a generator to power the electric motor with electricity. Excess electricity is stored in the battery for future use. Another method is to have a special gear set combine the mechanical power from the combustion engine and the electric engine and get them to the wheels. There are also manufacturers who power one set of wheels with the combustion engine and the other set of wheels with the electric engine. A big advantage of the hybrid vehicle is that it can use the very efficient electric engine at lower speeds (for example urban areas) and the combustion engine for extra power on the highways or for extra range.

To sum it up, an electric vehicle consists of:

– Electric Engine
– Battery

A hybrid vehicle consists of:

– Electric Engine
– Battery
– Energy source (internal combustion engine, fuel cell, etc)

The disadvantages of the electric vehicle and the hybrid are mostly the cost. Compared to the conventional car they can cost more to purchase. This has two main reasons; the first being that the conventional car is mass-manufactured which makes it cheaper (compare one million units produces versus one thousand units produced) and the second is the current price of batteries. Batteries at the moment are the biggest cost within the vehicle, the larger your battery is, the larger the cost is in the total price of the vehicle.

Another disadvantage which currently mostly applies to the electric vehicle, is the range it can cover. Current vehicles are of such a weight and their batteries can only hold a certain amount of power. Comparing the electric vehicle to a conventional petrol car they can cover a lot less ground on a full charge or tank. The first argument to counter this disadvantage is that most people do not drive distances that can not be covered by an electric vehicle. Current electric vehicles can cover about double or four times the daily distance required by many people! However, there are three movements currently helping to overcome the range anxiety problem. The first is the battery manufacturer, which improves the technology so that the battery will weigh less and can contain more power. The second is the charging industry, where solutions are found in fast charging. Conventional charging can take up to eight hours to charge your vehicle. The goal is to reduce this to an acceptable amount of mere minutes. The third force is heading for battery swapping; much like a petrol station, an electric vehicle can swap the empty battery for a fully charged one.

For the future of the electric vehicle and the hybrid there are many options, the most popular ones are:

– Fuel Cells
– Fast Charging of batteries
– Better batteries that weigh less and hold more power
– Battery swapping stations
– New car design options

Lots to expect from the electric vehicle and the hybrid vehicle!

Insurance Auto Auctions – The Basics

One of the best ways to save cash when purchasing cars is through insurance auto auctions. This is the ideal way if you want to avoid paying the commissions of dealers (who are actually just middle men) and pay only for what the car is worth. Through this method, you can dramatically reduce the price by as much as 50% to 70% lesser than the original market value of a vehicle.

The items that are sold in insurance auto auctions are those vehicles that have been salvaged from people who have defaulted in a certain way. This happens when an insurer decides that the vehicle in their possession is no longer of use for the insurer and that it is best if it is sold or auctioned. However, this does not mean that they are no longer drivable or repairable. It only means that the amount of repair for the incurred damage is equal to or greater than the amount that the insurer is willing to release to the owner. So, in a way, you can assume that they are more willing to earn a little profit from its sale rather than to have the vehicle fixed.

Although insurance auto auctions are not so profitable for the financial institutions, this is actually good news for you. While they are trying to get rid of a burden, you are benefiting from it because you can now purchase your dream automobile at a relatively low price. The only thing that is left for you to do is to have it repaired and this is indeed still cheaper than having to buy a brand new one or even slightly used vehicles.

This scheme is very common lately and you cannot blame the people who take advantage of this very great opportunity. And because of its popularity, even other financial institutions want to benefit from it. When a salvaged car is sold, some of the insurers would naturally want to obtain some rights even to a very minimal percentage of the process. Whether it is wrong or right for them to take advantage of this situation, this scheme is commonly practiced nowadays and many companies and individuals are making good use of this opportunity.

However, before you decide to purchase anything, it is necessary that you seek the advice of a mechanic to guide you in your buying decisions. Insurance auto auctions are a great way to get your dream automobile but it is essential that you inspect everything to make sure that you get your money’s worth.