When you’re involved in an auto accident, there are a lot of accident-related costs that may come about after the fact.
Once you’ve followed these first three steps immediately after the incident, your car insurance claims adjuster will evaluate your claim and work to determine the person at fault. If your car insurance provider deems that you were not at fault, the claims adjuster will begin evaluating property damage and reimbursement.
Depending on the state you live in and the insurance plan you’re under, you may qualify for coverage on your car’s diminished value—a request for money from your car insurance company to compensate you for the amount difference between your car's value before the accident and its new value after accident repairs have been completed.
Once your vehicle has been in an accident, the claims adjuster will estimate the new value of the car and the cost of repairs. Although many different insurance companies have their own policies, be sure to talk to a qualified mechanic prior to agreeing to the adjuster’s estimate to ensure it’s a reasonable amount. Learn more about lowball insurance settlement offers and how you can avoid them.
If you and the insurance company have decided on a fair number, the next step is figuring out if your car is worth the repairs needed.
If your car repairs cost more than the total value of your vehicle, then your insurance company may decide that it is a “total loss”.
Medical Costs Reimbursement
If a car insurance company finds you to not be at fault, the other driver’s car insurance policy will be responsible for paying for your medical costs. However, if they don’t have enough coverage, or the company refuses to pay, a car accident attorney may be required to step in and fight for your accident case.
In many instances, you may be required to pay an insurance deductible prior to receiving payment on a claim, but it will depend on what your situation is and what your insurance plan covers. If you are found not at fault, however, you may be able to receive reimbursement for your deductible. For more information about deductibles and reimbursements, visit: https://www.dmv.org/insurance/auto-accident-payment-recovery.php.
The True Value of an Attorney
If you’re overwhelmed with injuries and other damages after an accident, having a lawyer to handle the legalities of your personal injury and help guide you along the way is a valuable asset during a time of uncertainty.
At The Law Firm of Cohen & Cohen, we offer 24-hour support for any questions you may have as well as emotional support for you and family members. Our team of experienced auto accident attorneys are here to help you understand your rights and what you may be entitled to reimbursement for. Call 1-800-33-COHEN or contact us online today.