If you have been in an auto collision, you should contact your insurance company right away. After you’ve contacted your insurance company, various factors come into play regarding compensation for repairs for your car.
Who Pays For Your Damaged Vehicle?
In a “no-fault” state like Alaska, no-fault insurance covers your economic damages up to the policy limits, regardless of fault. No-fault insurance does not cover vehicular damage. It is wise to purchase collision coverage to tie up that important loose end. You can also file a lawsuit against the at-fault driver—fault comes into play in vehicular-damage situations in both “no-fault” and “fault” states.
An at-fault driver will be responsible for paying (typically through their auto insurance if they have it) for the repairs of the innocent party, up to the policy limits. If the policy limits come up short of what you need, you will have to file a claim against your own insurance company to cover the difference.
If repair estimates exceed the value of your vehicle, your vehicle will probably be declared a total loss. You will may receive the Blue Book value for your car. There is also a chance you will receive the value of your car according to proprietary software used by the insurance companies. It would be a good idea to contact a personal injury attorney if there is a big discrepancy between the Blue Book value for your car and the insurance company’s offer regarding the value of your car.
If you have collision coverage, it will pay for your repairs if you were at fault for the accident. In some circumstances, it may be better to pay your repair bill out of pocket (if it’s not too much) to prevent a potential premium increase that might cost you more in the long run.
You are free to take your car to your own mechanic for repairs. Your mechanic will often advocate for you if they deem your estimated damages are too low. If the issue can’t be resolved to your satisfaction, you can file a legal claim. An experienced personal injury and auto accident attorney can protect your interests.
You Need an Attorney
If you’ve been involved in an auto accident, consult with an experienced auto accident attorney to help you obtain and preserve black-box evidence, to prove liability, and to ensure that you receive the compensation you deserve. To learn more, contact the Law Office of Ben Crittenden, P.C. by using the form on this page.