Rental Car as it pertains to Total Loss
Are you entitled to a rental car in a total loss situation? How many days?
Archive for the 'Total Loss' Category
Totaling a vehicle - Overview of the initial process
Insurance companies follow a standard process when totaling a vehicle. Usually, once you file a claim, the insurance adjuster looks at your vehicle statistics. They will look at your car’s mileage, make, year, and model. From there, they will try to asses the damage from what you tell them. For example, if the vehicle cannot [...]
Total loss evaluation process
You were hit and you had no fault of your own. Your car is a total loss, now the insurance company offers you substantially less than you are willing to take. The insurance adjuster will tell you that according to the comps in your area, your car is not worth much more than that, and [...]
Is the total loss process fair?
Nope, it sure it’s not. The total loss process has been so manipulated by insurance companies to be completely cumbersome and difficult to understand. Also, since most states have allowed for statutes that can put you out of a rental car in as low as one day (Texas), then insurance company has the negotiation [...]
Total loss - do they owe for my new tires?
If you are ever involved in a car accident where your vehicle is declared a total loss, this situation will probably become an issue. Insurance adjusters are trained to deny completely any new equipment in your vehicle. Their theory is that they are settling a the total loss of an old car and the equipment [...]
Auto insurance claim question? Accident questions?
Do you have a question? Do not want to hire an attorney to give you answer? And the insurance company is giving you the run around?
We had several inquiries via email per day! We realized that we needed to open the forum to questions. We are writing this site as fast as possible, but it [...]
Total Loss? Why? I paid for the car way more than the repairs!
The reason why the total loss of vehicles is a big headache is because most insurance policies only allow payment for actual cash value (ACV). What that means (as it should be defined in the policy) is that the insurance company will only pay for what the car would sell in your market the second [...]
Duty of Good Faith? What’s that all about?
The duty of good faith and fair dealing applies to all insurance companies and in the United States. They have duties codified in every state statutes. All states are very similar since these duty arises the same place, the second restatement of contracts.
There are duties that insurance companies must fulfill when dealing with the public. [...]
So you want your car totaled?
Someone hits you and you do not want the car fixed. The damage is so severe or questionable that you are wondering if the vehicle would ever bet the same?
Insurance companies are notorious for telling their clients that vehicle body shops will put the vehicle to the same position that it was before. I [...]
Total Loss and the Rental Car Issue
This is a much disputed subject and one that insurance companies are capitalizing on. If you are hit and your car is declared a total loss, then how many days do you have to find or buy another auto? Many states allow for only 3 days! Finding a car in three days is a challenge [...]
Total Loss Settlement Issues
If your vehicle is a total loss, then you need to learn how insurance companies evaluate your damages and the fair market value of your car.
In many occasions, the fair market value of the car is not really “fair”, or at least not for the consumer (you). The insurance company has complete control on how [...]
Total Loss Rental Car Techniques changing to benefit the insurance company!
Dealing with the total loss of your car can be very frustrating and very trying. Insurance companies add or leverage against you by cutting your rental car as soon as they can possibly can. Most insurance company would cut your rental car three days after they send you a payment for the total loss of [...]
