I recently had an accident with my car?

fire4511

You are entitled to have all your losses compensated. Unless the car is totaled, you will not get a new car. You are entitled to have the car fixed, and any and all expenses (rental car and such) paid. You are also entitled to compensation for the diminished value of the vehicle.

With services such as Carfax and AutoChek, any prospective buyer (or dealer taking the car in as a trade), will be able to see that the car was damaged, and will want to pay less for it! If the other party is at fault, and you are collecting through their insurance, you should be able to get a check for the difference in value. If the accident was your fault, it is doubtful that your insurance will pay for diminished value!

You may want to consult a lawyer.

Laid back

It is not up to your insurance company. If you were not at fault, then the others insurance company must pay the bill unless you are in a true no-fault state. Never really found one, even when they said I was. Talk with your representative and seel if there is a replacement clause in your policy. If not, is there a repair guarantee from the insurance or from the repair shop? If they use off brand replacement parts, there is a good chance there will be problems in the future, but with original makers parts, the likelihood is much less.

You ask, I answer

if they total the car out, they'll pay you for it. if not, and they're going to fix it, there is nothing you can do. you have to get the car fixed. don't go with Geico. they'll rip you off.

Captain Ron

Insurance companies pay only the cost of repair to the vehicle. If the cost of repair exceeds the worth of the vehicle, it is considered 'totalled' and you are given a check for the worth of the vehicle, and the vehicle is claimed.

If you don't want the car anymore, continue with the repairs and trade it in or sell it. No insurance company is going to claim the vehicle and issue a check for its worth for damage less than the value of the vehicle.

what

Not in this case, they have done their job, in getting it fixed, and now the title has a notation of the accident, you won't get top dollar ever again. In the mean time, you still owe you loan, and if you did sell, you won't get enough to pay off the loan. Sorry, you are stuck, unless you sell on the streets, and are willing to take a loss.

MSAD

Nope

If your car is repairable your insurance company is not going to total loss your car just because the newness got knocked off it.

In most states a car is a total loss when the cost to repair the vehicle equals or exceeds 75% of the cars value.

If you don't want the car anymore - then you will have to get it fixed and trade it in.

Once the car is properly repaired there is no reason not to keep the car. With a good repair job no one will ever know that it was damaged and it should not drive any difference. If you use the shop that your dealer recommends this will usually keep warranties from being voided.

Since the hang up is yours - you get to take the financial hit. You can't force the insurance company to take it for you.

Also - something you have not thought about - if you financed the car: in general - the car depreciates faster in the first year than your payments bring the note down. Frequently folks whose cars are total losses in the first year end up "upside down" - that means owing more than the car is worth.

So - even if the insurance company deemed your car a total loss - they don't pay off your note - they pay what the car is worth. If the car is worth less than your note - you get stuck paying the difference.

how did you pay for it? if its on credit, stop paying and the loan people will take it away.

oatw

Switch to Geico and save a bunch of money. 15 minutes could save you 15% or more on car insurance.

GEICO.

robert

my car was hit, it was the other drivers fault will my damages be fixed if my insurance was espired?

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