Mar 19, 2019 2:59:00 PM
There is a misguided belief by some motor carriers that delaying or failing to report claims to their insurers will work in their favor. On the contrary, it can have the opposite effect and cost a motor carrier more in the long run. Regardless of perceived fault, other parties involved in an incident have a legal right to assert a claim. For this reason, delaying or failing to notify your insurer of an incident can hinder its ability to proactively manage a claim and settle it in a fair and timely manner.