How To Choose Between “An Accident” and “Direct Compensation”
Cid or blue form, two names that we’ve all heard at least once, appoint. In both cases it is a piece of paper that is not mandatory to have with you in the car but at times can make things extremely easier. The blue form since December 2002 has become an instrument can also be used to highlight the damage suffered by individuals through what is involved in an accident. Fundamental fact remains that there is no agreement between the two parties.
If either does not sign, no longer be used to shorten the time frame required to obtain direct compensation but it is a good way to inform the incident to your insurance company. Very important new entry into force last January 1st, 2007 relating to the new procedure of direct compensation. For all striding that have occurred since February 1, 2007 until today, according to the DPR (Decree of the President of the Republic) 254/2006 you will avail of this revolutionary mode of compensation.
These are the conditions: all the damage caused to the vehicle and in case of minor injuries to the driver, even when the dynamics of the incident involving the other person as being carried. The regulation applies to all accidents involving vehicles which are registered in Switzerland or the Vatican City and the Republic of San Marino, always assure them that the companies have their registered office on Italian territory. The claim is submitted by the injured person, hold harmless the incident, asking for compensation directly to their company.
More news from the world of auto insurance
The insurance sector has been affected by a series of reforms ranging from the New Code introduced by Legislative Decree no. 209/2005 decrees relating to the liberalization: Bersani Decree (Law 248/2006) and Bersani Bis (Law 40/2007). As mentioned earlier, the major innovations have taken hold from 1 January 2007 and, thanks to the Bersani Bis, in April of that year. Since July 2006, however, insurance companies are required to deliver a disclosure document before signing the contract that provides a summary of all contractual obligations and rights. Stop to exclusive agreements that tied agents to airlines. A new professional figure, the multiple agents, which has the power to propose bills of different companies and make concessions.
Greater peace of mind for passengers. E ‘compulsory, in fact, the insurance coverage for those who are “transported”, which can automatically seek compensation insurance of the vehicle on which he was traveling if involved in an accident. In the event that the car is stolen and there, of course, this randomness is insured against, you should immediately make a complaint to the police. This is because the policy will cease to have effect from the day just after our complaint, so they can get higher compensation.
What has changed in the world of insurance for cars from January to April 2007 until now
In addition to direct compensation from January 2007 insurance companies are required to send a copy of the original of any insured risk. This is a very important document because it is necessary to make the switch to another insurance company. From April, finally, is on the maintenance of their class credit for a period of five years in all situations in which there is no possibility of the risk. If, for comparison, the policy is not renewed or are not using the machine for a certain time or even if you wreck, remains valid for 5 years the same category with the experience, and linked to the last statement of risk. The same class can be used also for a second machine provided, however, that the two vehicles are in the same name or a partner of the household. This right does not apply in case of renewal, but only for the opening of new policies.