You are here:
How to handle automobile total loss claims. I am the president of UClaim and contribute to InsuranceClaimHelp.org .
28 years adjusting claims since 1980. 15 years for insurers. 14 years for policy holders as a public adjuster since 1995. I'm one of the few public adjusters who has handled automobile damage and total loss claims.
CAPIA (California Association of Public Adjusters).
BA 1975 in History and Industrial Arts. Full CV at UClaim .
To educate the consumer.
Insurance laws and policies need to be "federalized", so there are not 50 different sets of state laws and policies, which give insurers the advantage over consumers.
| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Ricky | 10/15/09 | 8 | 10 | 10 | 10 | |
| Don | 10/09/09 | 10 | 10 | 10 | 10 | thanks |
| Jim | 10/08/09 | 10 | 10 | 10 | 10 | Thanks for the info...........very helpful. |
| Don | 10/06/09 | 10 | 10 | 10 | 10 | Thank you |
| Don | 10/02/09 | 10 | 10 | 10 | 10 | Although I did not get the answer ..... |
If this is a claim against the other drivers insurer, they owe you what it would cost to rent a car like yours per day. The time would be from the date of accident to when they make a "reasonable" or fair
My gut says take the 60%. Unless you know that the other driver is admitting 100% fault, parking lot accidents like this are usually 50 50. Keep in mind, if a small claims court judge gives you less than
First of all, run this by an "accident attorney" (plenty in the yellow pages). If you have no claim, they won't take your case. Other than that, if you have no injuries, you have no claim so take the $500
For starters, tell the insurer you want an "agreed" and "guaranteed" cost of repairs with your body shop. Let them fight it out. Insurers will total out a vehicle if the repair cost is 80-90% of the value
I would expect a 10% deduction in ACV from a "reasonable" insurer and 50% from a "low quality" insurer. Go to insuranceclaimhelp.org to see a list of insurers rated for "quality" based on how they pay
Answers by Expert:

©2009 About.com, a part of The New York Times Company. All rights reserved.