All drivers are mandated to always take caution whenever they are behind the wheels but the truth is everyday, at least one accident must occur everyday. These collisions do not only put you at the risk of dying or suffering serious injuries, they also put motorists in legal and financial jeopardy too. Some accidents might lead to totaling of the car meaning the car is considered to be a total loss and this article addresses car accident total loss not at fault and key steps that you should take.
Car Accident Total Loss Not At Fault
It is very important for drivers to be able to recognize all of their responsibilities and rights before a car accident happens or before a car is totaled. If you want to cut down on stress then you should actually be prepared so you would not be worried if you are involved in a car crash. You should also recognize that whether you are at fault or not and even if you have insurance, if a car crash leads to totaling of your car then it is going to be very costly for you.
It is also necessary for you to work with an attorney who has experience in car crashes so that all of your losses can be minimized and your chances of getting a full and worthy compensation is improved. It is very that you remain at the scene of the accident when it happens and you should also be polite and try to offer assistance to other drivers who were involved in the car accident. However, you should not admit that you are at fault and also do not leave the scene before other drivers do or before the police arrives.
Being Prepared For An Auto Accident
If you get involved in an accident no matter which party is at fault can actually be very expensive. This doesn’t matter whether you have insurance or not but if it happens that you do not have insurance then it is going to be very expensive. The least that you can do is have an insurance policy that would be able to cover up for some costs if you ever get involved in an accident and this policy should at least cover up to twenty five thousand dollars.
Securing coverage isn’t all that you should do but making sure that you stay or remain current on it matters as well too. If you lapse when it comes to making payments on your insurance could jeopardize your coverage. To avoid being stranded when your insurer decides to pay less than what you owe on a totaled vehicle then purchasing a gap coverage is what you should do in order to save or redeem yourself.
When A Crashed Car Is Labeled A Total Loss
CCC information services which keeps record of all the car crashes that happens in the United States has reported that about fifteen to twenty percent of car crashes leads to the car getting totaled. However, your car would be totaled if your insurer finds your car;
- Expensive to repair and costing more than the actual worth of the car
- If it is no longer safe to repair
- If the total number of damages is much
Furthermore, different insurance companies might have their own guidelines for totaling a car. If another driver totals your car then his insurance company would be responsible for paying the actual value of the car as at the time of the accident. Actual cash value in this context simply means the cost of replacement minus depreciation. The amount of money that it would take to replace the vehicle with another one that is similar is known as the replacement cost while depreciation refers to the amount of money your car has lost over time.
One more thing that we want you to know is you can actually write a matter of fact letter to the insurance company of the at faults driver and this is a very wise way to inform them of what you expect as well as what your legal rights are. You should inform the insurer that they would pay you reasonably for what your car has lost as a result of the accident whether it is for getting a new car or repairing the one that got damaged.
They should also be ready to pay for your pain and suffering, lost wages, medical expenses as well as the cost of a rental car pending when you get a new car or the damaged one gets repaired.