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Was Your Vehicle Declared a Total Loss?

Did your insurance company declare your vehicle a total loss? Learn exactly what that means and what to do next in the process.

auto body 1According to an article at autotrader.com, “The Aftermath of an Auto Accident”

 “You survived the accident, but how do you cope with a totaled car?

 Once you’ve been involved in an accident, much of your fate – as it applies to your wrecked car – is in the hands of others. There is some opportunity for your input, as well as procedures for you to challenge decisions made on your behalf; generally, once your car is towed away, the insurance companies take over.

 Knowing what comes next can certainly minimize some of the stress accompanying more serious accidents, as well as providing a game plan for dealing with the insurance companies and getting on with your life.

 Here’s what you should know: You can’t un-ring the bell.

It’s always smart to hope for the best and prepare for the worst.

According to CCC Information Services that tracks auto insurance claims, 12 to 14 percent of all post-accident insurance appraisals result in a total loss. This percentage has been tracking relentlessly upward since 2002.

That means if you are in an accident, there is a one in seven chance that your car will be a total loss.

Do you know how your insurance company determines if a car is a total loss or what formula it uses to calculate the check it will cut once it declares a car totaled? Do you know if your policy covers a rental car? If so, for how much and how long? Do you know the procedure and your rights for challenging the settlement amount?

No? Now, not after you’ve been in a wreck, is the time to have your insurance agent sit down and explain your auto policy’s mouse print. Not only do you want the opportunity to make needed changes, but most agents will be more helpful and forthcoming before a claim is filed.” To read the entire article click here.

For all your auto body repair needs A1 Body Shop is your one-stop-shop experts in the business. Contact A1 Body Shop at 775-348-0908775-348-0908 or visit A1bodyshoprv.com.

 

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