some important knowhows insurance

• Certificate of insurance ?
  It is an evidence document which states that insurance coverage is in effect the day the certificate was printed.
  For getting it you should request it you can request your broker and it should not cost you anything.

• Contacting insurance company after accident:
  As soon as possible contact your insurance company Ask the insurer what forms or documents will be needed to support your claim.According to recent laws at New jersey it is required that you should contact within 10 days within 7 working days if it intends to inspect the damaged vehicle.
  Documents generally needed:
  1)Copy of the police report2)Review report for details3)Other proofs such as photographs,medical bills paid and repairs bills paid
• Does Filling single claim can cancel your policy ?
  Answer is No, Your insurance policy cannot be terminated just of single insurance claim.Even though this might raise your insurance premiums a bit.
  Some more faqs related to it are:
  Homeowners insurance premiums, very less likely to increase after you file a claim
  In some cases where you failed to do some acts to protect yourself which you can do but you didn't do willfull then your premiums are going to hike or your insurer may even refuse to renew your policy in this case.
  For example: If you claim for a dog bite, and you do nothing to improve the situation (e.g., fence your yard, etc.)
• Information needed by the insurer
  Insurer needs some of your information to correctly quote out a good premium for you. So you can be asked to furnish following info:
  First one is the make/model/year/vehicle identification number (VIN) of vehicle(s)The No. of average annual miles (daily miles to work or school)Principal(Exact) owner and operator of vehicle(s) (registration information)Driver(s) information: Person who will operate the vehicle which to be insured on the policy name, license number, age,sex, marital status (It is important to tell your insurer about all licenseddrivers in your household, even if they are covered by other policies)Past record related to accidents or moving violations of each driver during past three years Coverage and limits desired
• Insurance coverage levels
  Vehicle insurance can cover some or all of the following items:

The insured party -- Who is insured party ?
The insured party my be defined as a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that protects him against loss of property or life or health etc.
The insured vehicle : The vehicle might be car,truck or motorcycle any thing which is covered in the insurance policy and the premiums are paid for it.
Third parties (car and people)This may include people or any movable or immovable property which the insured person doen't posses,any charges due to harm done by the insured person to the third party are to be paid by insurance company.Different policies specify the circumstances under which each item is covered. For example, a vehicle can be insured against theft, fire damage, or accident damage independently.