Hit and Run in Oklahoma City: Understanding Your Policy

Have you ever been involved in a hit-and-run accident? If so, you know firsthand how aggravating it can be to receive compensation for any damage, especially if the at-fault driver is never caught. Fortunately, though, there are several ways in which auto insurance can be used in your favor after a hit-and-run takes place. The most important thing you can do to ensure you are covered is by speaking with a qualified agent serving the Oklahoma City area. 

First of all, collision coverage will prove to be of the utmost benefit when it comes to hit-and-run accidents. Probably one of the most notable features about collision insurance is that it doesn’t matter whose fault the accident is, benefits will still be paid out to cover the damage. This means that even if you aren’t at fault, you will likely have the opportunity with collision coverage to make a claim with your own insurance company on your policy; this is regardless of whether or not the other driver is found.      

You’ll also find that having personal injury protection (PIP) to be of immense value after a hit-and-run accident takes place. Although policies vary from one insurance provider to another, many PIP benefits include giving you protection against lost wages as well as expenses accompanied with taking care of your children if you’re in an accident and become unable to care for them.        

If you have yet to take a look at your current policy to determine the type of coverage you’ll have in the event that you’re the victim of a hit-and-run accident, you’ll definitely want to speak with an agent at FM Insurance who serves the Oklahoma City area.