One of the first thing most people need to deal with after being in an accident is getting their car ready to drive again as soon as possible. Most often, the first step in getting your vehicle repaired is to obtain an estimate of the total cost of the damages. While many car insurance companies will do this for you, some force you to obtain your own estimate from an approved provider.
When getting a car accident vehicle damage estimate, keep in mind that the insurance company will want to pay as little as possible. This means that you are right to be concerned about the quality of the repair work. And, if you believe that the company’s estimate misses some issues or is too low, you can obtain a separate estimate to make sure that your concerns are addressed.
One of the issues that drives people crazy is the loss in value at time of resale between a vehicle that was never in a collision and one that has been repaired. The law calls this diminution of value. There is no question that you have a right to recover that loss under Idaho law. It is far harder, however, to prove that loss than to prove the cost of repair. And the insurance companies generally are loath to pay anything for that loss.
What Happens When Your Car Is Totaled
If the accident caused a significant amount of damage, your vehicle could be declared a total loss. This means the damages are so great that there is nothing left of value.
If your vehicle is totaled, you’ll receive a check for the fair market value of the car in exchange for your car, or have the option of deducting the salvage value from the fair market value and keeping your car. The fair market value is the value the vehicle would have sold for before the accident, taking into account current market conditions. You can attempt to negotiate the fair market value if desired, but keep in mind that this is not based on your car’s Blue Book value. It is only a reflection of what similar cars are selling for in your geographical area. So you will want to gat the relevant market data for negotiating. This will include cars listed for sale in your area online or in vehicle classifieds.
Protect Your Legal Rights
In addition to just getting your car fixed, Idaho law may entitle you to compensation for medical care and other losses if you have been injured in an auto accident caused by a negligent driver. The experienced personal injury lawyers at Holzer Edwards are dedicated to assisting Idaho residents who have been injured due to the negligent actions of others. Call (208) 386-9119 or toll-free at (888) 490-0992 for a free consultation.