Your Car is a Total Loss, What Now?

Posted on by Defensive Driving | in Defensive Driving Tips, Driving and Safety Tips

You just had an accident. If your vehicle is in need of significant or extensive repair it could be considered a total loss by your auto insurance provider. If, so you could be back at your nearest car dealer. The biggest determining factor as to whether your car is determined a total loss, is if the cost of fixing your car far outweighs the value of your car. Here are three factors that help determine the viability of your car post-accident.

 

Three Factors that Help Determine a Total Loss

 

Woman looking on to car accident

 

Here are a few factors that insurance adjusters and the companies they work for use to help them determine the total loss of a vehicle after an accident:

1) Car type
Insurance companies factor in your vehicle type into determining it’s viability after an incident.

2) Vehicle Age and Condition
Keeping your car in great condition is important. Vehicles in pristine condition will be valued much higher than someone who does no vehicular upkeep.

3) Negligence
If it is determined that you are ‘at fault’ for the accident to the point of contributory negligence the value of your car will be affected. The reduction of total value due to contributory negligence
isn’t an exact science. However, after determining the total cost of your vehicle the reduction for negligence will be deducted.

Outside of the above three, there are other mitigating factors that may be considered as well.

 

Claims Adjuster, Auto Body Shop, Warranty

Insurance companies will assess your vehicle’s damage with their network of auto repairers. The recommended auto body shops have contracts with your auto insurance provider. By law the choice of where you take your vehicle is yours. It is important to know that most reputable auto body shops provide a substantial warranty on their work.

 

Your Car is a Total Loss, What Now?

 

Total Loss Car Wreck

After concluding your car, a total loss,  the insurance company will determine the cost of the damage to your vehicle. Besides the damage to your vehicle other factors like age, vehicular condition will be factored into their conclusion. The insurance adjuster will also attempt to find the sales price of vehicles like yours to calculate the value of your car.

Check whether your insurance company and plan offers replacement cost coverage. If a  your insurance company will replace your totaled vehicle. Rental coverage will qualify you for a replacement for a defined period of time.

If you own your car outright you will be reimbursed with the determined valuation of the vehicle. Ownership of a financed car, will result in the total value going to the institution you financed through first. In the case of a leased car, the total will go to the leasing company.

Got a ticket? Consider the number one defensive driving course provider that offer a guaranteed ticket dismissal or we pay it; Defensive Driving.

|

Customer Reviews

Defensivedriving.com has a ShopperApproved rating of 4.7 based on 98404 ratings and reviews.

Siebrigje TX, United States
The experience was great, easy, and very professional.
Coleman United States
Easy to navigate website
Stratton
quick and easy sign up!
Sarahi
Very fast
Nestor
Quick
ROBERT
Quick and Easy.
Ivan United States
Fast and easy.
Aaron TX, United States
It has been very easy.
mario TX, United States
Cheap, easy, and informative. Look no further.
James
Easy to register. Easy to follow.
Jennifer United States
Very easy and fast!
Abelardo TX, United States
Great, fast & reliable!
kaylin United States
It was great, fast, and easy.
Patricia
Easy to use and register!
Wendy TX, United States
The process was easy and efficient.
Courtney United States
Very easy lesson while in the comfort of my home.
Brittany United States
Overall great.
Stephen TX, United States
It was pretty easy, very user friendly, and an overall simple experience.
Willie TX, United States
Fast and easy
Michael
Nice and easy
Natali TX, United States
user friendly
C.T. TX, United States
Fast and easy to use. Good program.
Emma TX, United States
It was easy to understand and complete.
Chad
Smooth sailing introductory process. Love the website.
Hugo TX, United States
Easy to navigate.
Armando
Good website very easy to use
Broderick TX, United States
It was fast and easy
Randy United States
Great experience
Peter United States
Quick, easy, and painless
Victor
Excellent
Taylor
Easy!
Victoria
Awesome
Evelyn United States
Professionally done and very interesting to watch
Johnathan United States
Great experience
Allishis
It's easy to use
Senetra
It’s great simple and easy
Andres
Fast and Easy!
MARCUS
Great customer service satisfaction
See all reviews on shopperApproved.com
Why DefensiveDriving.com
  • 20 Years in Business
  • Over 2 Million Customers Served
  • Highest Possible Better Business Bureau Rating
  • Award Winning Course