According to the National Highway Traffic Safety Administration, most car accidents happen under these circumstances:
- Distracted driving
- Driving under the influence of drugs or alcohol
- Speeding
- Reckless driving
- Failing to yield the right of way
If you’ve been in a car accident, there’s a good chance that your vehicle has sustained some damage. Even if the damage appears to be minor, it can still affect the value of your car. If the other driver was at fault, their insurance company could reimburse you for the value of your car. However, if the other driver was uninsured or underinsured, you may have to file a claim with your own insurance company.
What’s the Value of My Car After an Accident?
The answer to this question depends on several factors, including the severity of the damage, the make and model of your car, and your insurance policy.
If you have comprehensive coverage, your insurance company will likely cover the cost of repairs. If you only have liability insurance, you may be responsible for paying for repairs yourself. In either case, it’s important to get an estimate of the damage from a reputable auto body shop before making any decisions about repairs.
The value of your car may also be affected by its “blue book” value – that is, the value of your car according to Kelley Blue Book or another similar resource. This value may be less than what you paid for your car, but it’s still important to know in case you need to sell your car or file an insurance claim.
How Can I Get Compensated for Damages to My Car?
If you were in a vehicle accident that wasn’t your fault, you might be able to get compensation for the injuries and losses caused to your vehicle. The simplest way to pursue this is to contact the other driver’s insurance company and submit a claim. If the other driver was uninsured or underinsured, you may be able to proceed with your own insurance company.
It’s important to note that you may not be able to get compensated for the full value of your car. The insurance company will likely take into account the age and mileage of your car, as well as the extent of the damage.
Why Should I Hire a Car Accident Lawyer?
If you’re not sure how to file a claim or what your car is worth, an experienced car accident lawyer can help. A lawyer can review your insurance policy and help you understand your rights and options.
A lawyer can also help you negotiate with the insurance company to get the best possible settlement for your claim. At our firm, we understand the ins and outs of insurance claims and can help you get the compensation you deserve. Contact us today to schedule a free consultation at (225) 240-4053 .