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 4.6 based on 132236 ratings and reviews.

Wendi united states
Good course.
Tristan Thomas Tx, united states
Very good
Isaiah Navarrette Texas, united states
Super easy super fast however video is very much outdated
Ashley Gomez-Leon Texas, united states
Simple and easy-to-use
Israel Navarro Texas, united states
great
Brylie Turner None, united states
I have had no problems with this online defensive driving course.
Jesus Ramirez None, united states
Quick and easy
Thomas Gianis None, united states
Great
Anjolaoluwa Daniel Kupoluyi None, united states
Great
Austin Konderla None, united states
Sick
Uriel Reyes None, united states
Good
monica bledsoe None, united states
good
MARCO CASTILLO None, united states
GREAT
Laurie Marshall None, united states
easy set up
Linda Sau None, united states
Good
Ian Sasek None, united states
straight forward information
Michael Denton None, united states
Quick and easy to complete
Chandra Jayasinghe None, united states
easy to navigate
Brian Allen TX, united states
It's been great!
keith baird None, united states
fast and easy to sign up
Dale Dean None, united states
Thumbs Up
Brayan Alejandro None, united states
Excelente
Scott Jennings None, united states
Good so far
Coleton Ezell TX, united states
Short and simple
Roderick Gillins Texas, united states
Easy registration process, good price. Easy to navigate website.
mason hewett united states
Great experience
James Johnson Texas, united states
Easy to set up
jayme kana united states
Easy and accessible
Sarah Valles None, united states
Easy, Cheap and informational. Can do it from the comfort of my own home
Christopher Peters Texas, united states
No issues.
Christian Balderrama None, united states
Excellent
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