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Home | Personal Injury Compensation | Accident | Get What You Are Ent ...

Get What You Are Entitled To After A Total Loss Auto Accident

Submitted by CollisionClaims on 2011-11-01 and viewed 651 times.
Total Word Count: 403
  
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Insurance companies have a delicate balance of protecting their assets and making customers feel taken care of when they process claims.


With over 6,000,000 auto accidents on average per year, there is a good chance that the average person will have to go through an auto insurance claim in their lifetime. In many of these cases, people face a total loss settlement from the insurance company, but how do you know what your vehicle is worth, and what are you owed?

The normal reaction to an auto accident is to let the insurance company handle the claim process. The outcome of the entire process and how much you are offered depends on a few specific variables, including your cars appraisal, previous accident history, market conditions, etc  – all of which are handled and calculated by the insurance company. This can be the convenient way to go, but the outcome may not be in your best interest.

Insurance companies have a delicate balance of protecting their assets and making customers feel taken care of when they process claims. This can be problematic when claims adjusters are working to minimize the risk and payouts on claims because you could end up with a smaller settlement that you are entitle to, even though they are working to appear to be on your side. That is where a total loss claim can be very valuable. A total loss claim is a claim to recoup the difference of the amount you are offered and the amount you may be entitled to based on a fair auto appraisal and the opinion of an unbiased third party.

When you have to file an insurance claim (whether with your insurance carrier or someone else’s carrier), your goal should be to maximize your benefit and to be compensated fairly. If you take a back seat in the process, then you won’t have anyone looking out for your best interest. Be diligent, even if that means simply getting a consultation on what you should do. The difference in having someone on your side as opposed to not having any representation could mean hundreds, even thousands of dollars.

A little extra effort could mean a big payoff. If you have a little time, and care about getting a fair settlement from the insurance company, then you should really look at getting an unbiased vehicle appraisal and have a trained professional review the claim process. Don’t be under compensated like millions of people are each year, but take control of the situation and get it done right.

Article Source: http://www.compensationsecrets.co.uk/

Collision Claims and Associates are independent, unbiased vehicle appraiser specializing in the areas of vehicle diminished value, total loss claim valuation, post-repair vehicle inspections and general auto damage claim consultation.


 
 
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