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The key concern after a catastrophic car accident is typically personal injury. Surely, recovering physically and getting compensation for your injuries should always be your top priority. However, there is a possibility that you may not be hurt in the accident and have minor or extensive property damage instead. Fortunately, there is also a possibility of recovery of these expenses in car accidents. And the best thing is that these claims are relatively quick and simple to address, but there can be some complexities at times. So it is important to be aware and know-how such claims work. Let us explain in detail.
In-car accidents that involve property damage, you will have to deal with the insurance company of the other driver. You may do it directly and the insurance company will probably give you compensation for the amount required to repair or replace your vehicle. Settling a property damage claim is relatively easier than a personal injury claim because the money at stake is comparatively low. However, this is not always as straightforward because you may actually have hidden injuries that may not be visible right after the accident. Ideally, you must get a thorough medical exam after any type of accident, no matter how minor it appears. Only after you are sure that there is no injury should you see it as a property damage claim and file accordingly.
Such cases can become tough to handle, particularly when the insurance company is not ready to cooperate and give you a fair settlement you deserve. You may get into a fix if there is high-value damage that you cannot handle from your pocket. Experts at Bey & Associates, LLC recommend that you should consult a seasoned car accident lawyer sooner rather than later in this situation. There are times that insurance companies act on bad faith with the intention to deny payment to the aggrieved party. However, letting an expert look after your case gives you good chances of recovery because they will handle the task of negotiating with the insurer.
The value of compensation you can claim for property damage in a car wreck depends on a variety of factors. If you have experienced vehicle damage, the collision coverage of the liable driver covers the expenses up to the policy value. Your vehicle or property insurance would cover the rest of them, left after the other driver’s policy is exhausted. Apart from vehicle damage, the accident could involve harm to other assets such as your house, garage, or fence. In that case, the liable driver’s auto policy covers the expenses to a certain extent, normally for minor repairs. Any serious damage that exceeds the coverage limits of the other driver requires you to claim from your homeowner’s or renter’s insurance.
Obviously, property damage cases are not as simple as they sound but this doesn’t mean that you should skip the claim. Rather, you must connect with an experienced car accident attorney for their guidance and help on getting the settlement you deserve.
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