Toronto-Dominion (TD) insurance is a leading provider of insurance services in Canada. As most insurance companies, TD provides auto insurance that includes third party liability, uninsured automobile coverage and optional insurance such as disability and medical insurance. While an insurance coverage is meant to help you when the insured risk occurs, it is unfortunate that TD insurance, like any other insurance company, will never be enthusiastic about settling your claim. The company may take too long to process your claim, approve payment that is much below your actual loss and may even deny your claim altogether. However, if you are lucky, you may have your claim approved without a hassle. Probably, it depends on the person handling your claim, and from customer reviews, it appears that the bulk of the company’s employees do not show willingness to help – or probably the bulk of the satisfied customers do not bother leaving a review.
TD Insurance Auto
Auto insurance is very important in protecting yourself and your loved ones. The law recognizes this significance and makes it mandatory for you to take insurance coverage. In Ontario, for example, if you own or lease a car, you need the following minimum coverage:
- Third Party Liability- if you injure someone or damage the person’s property, the insurer will pay on your behalf.
- Uninsured Automobile Coverage- this covers medical expenses for injuries resulting from the fault of an uninsured driver.
- Accidents Benefits Coverage- covers all your medical expenses and for injuries arising from an accident regardless of who is at fault.
- Direct Compensation- this covers damages to your car when you are not at fault.
You will get all these options and more at TD insurance. However, you can always shop around to get the best rate. Even if you are already insured, you can always change your insurer but make sure that you do so before missing a payment or being cancelled. If you change your insurer before you are cancelled,your insurance record can get you favourable rates.
TD Policy Cancellation
Non-payment of premiums is one of the main reasons why your policy may be cancelled. If this happens, you cease to be insured from the date of cancellation. If you have an accident, TD insurance will not indemnify you for any loss that you may incur. You will be responsible for all your financial obligations including property damage and injuries. However, your policy will not be cancelled for non-payment without a 15 days’ notice. If you pay what you owe within this notice period, you will not be cancelled.
How to Make a Successful Car Insurance claim at TD Insurance
When the insured risk occurs, you should be in a position to make a successful claim, otherwise, the insurance will not be of any use to you. If you are involved in a collision or a hit and run, the first thing is to ensure that all your passengers are fine and attend to any of them who may be injured. Thereafter, follow these steps to ensure that you succeed in your claim:
- Call the police
- If your accident was a collision, exchange information with the other driver
- Contact TD insurance before you tow the car- when calling the company, you must have your policy number, a police report and any other relevant information such as names of witnesses and photos of the accident.
Instead of calling the company, you could also use the TD insurance app to file the claim from your phone.
Denial of TD Insurance Claim
Your TD claim can be denied on a whim. According to TSF Law, customers are rarely at fault. In many cases, the denial results from internal bureaucracy designed to capitalize on your investment and even refuse to give it back to you when you need it. If you receive a letter denying your claim, you should not despair. It will be best to contact an insurance claims lawyer to take up the matter. Contact us today: (905) 218-3668
