Do You Have to Accept the Insurance Company’s Offer for Your Car?

You were involved in an accident and your car is a total loss. The insurance company makes you a monetary offer to replace your vehicle. Do you have to accept that offer if you don’t think it is fair?

The answer to that is no, but you must be prepared to present the adjuster with comparable vehicles. Vehicles of the same model, from the same year, with similar features. If the amount they’ve offered you is not enough to buy a car of that meets those requirements, then it’s simply not going to be a fair offer.

Another “trick” the insurance companies try to pull, is they try and get you to retain the “salvage value” of the car. If you want to get as much money as possible for your car, it is best to let them take the salvage not for you to retain it.

If you have additional questions regarding any injury or reimbursement for a vehicle involved in a car crash, I want you to contact  me by call at (559) 702-5124.  I welcome your call.  Visit videos for more videos and media content from my law firm.

Related Links:

• Insurance Adjuster Won’t Return Your Calls?
• Can I Switch Insurance Companies During a Claim?
• Changing Insurers During Pending Claims?
• When is It Okay to Talk with Your Own Insurance Company?
• Accepting Insurance Settlement Offers: A Guide