The Basics Behind Insurance Inspection Services At Budget Performance Inc.
Crime involving motor vehicles is a costly problem, and represents substantial profits for those succeeding in insurance fraud. Because of these profits and the potential for sizable fraudulent claims, many insurance companies require an insurance inspection before issuing an insurance policy on a new or pre-owned vehicle. Insurance inspections mandated by some insurance companies have proven to be a good tool and can help auto insurance companies control their costs and maintain competitive rates.
This service is for you if:
- You have recently bought a new vehicle and your insurance company needs it to be inspected
- You have recently become the new owner to a previously owned vehicle
The driver seeking to be insured may be provided with a time frame for having the vehicle inspected. Insurance inspections are designed to assess the physical condition of the vehicle and to prove that the vehicle actually exists.
Why Should You Have Insurance Inspection Services Performed By Budget Performance Inc.
Vehicle insurance inspections typically involve the gathering of visual documentation to help prove that a vehicle is real along with the physical state of the vehicle. The general physical condition of the vehicle may also be noted with these photos. A photo is also taken of the vehicle identification number (VIN) that, depending on the vehicle, may be located a variety of locations. The options and accessories of the vehicle are also inspected and noted. This is most helpful when an insurance claim is submitted to repair a particular component of a vehicle.
The insurance company can refer to the insurance inspection and verify that the vehicle was equipped with the particular component at the time the claim was filed. Another part of insurance inspections includes a reading of the mileage on a vehicle’s odometer. The make, model, and year of the vehicle are also noted during an insurance inspection. These inspections can be conducted in a variety of ways, but the essential inspection components are the same.
Call us today to find out if this is the right inspection for your needs!