How Can I Find Out How Much My Wrecked Car Is Worth After An Accident?

When you have a car accident it is likely that you will have the insurance company pay a lower amount than you paid for your car. Typically, some companies like State Farm will use NADA.com while others may use a more fraudulent service called CCC. Many other programs exist within the insurance industry to cheat you out of your money once your car has been wrecked by some other person. Some of these services claim to provide the fair market retail value, when in truth, the program is manipulating the lowest possible value for your car. The adjuster will then tell you that their computer program will only allow a certain amount of money for your car because it is not worth as much as you believe it is. To know how to protect yourself you should check the actual value of your car on NADA.com and put all of the upgrades and correct mileage on that Internet site to determine what the fair market value of your car really is.

If you bought GAP insurance, then you may have additional coverage to pay off the loan you owe when the insurance company offers you substantially less than you still owe. If you are upside down by three thousand dollars then GAP insurance comes in and makes up the difference to pay off your car loan. Many car dealers sell the GAP insurance as a way to make profit. It is useful to have it whenever you have a car wreck and still owe money on your vehicle. Other insurance companies may offer a type of insurance that actually allows you pick a set replacement value for your car value and then they pay that agreed value instead of the fair market value. These types of insurance plans are more expensive than normal plans. With the increasing use of cellular phones, texting and mapping services on phones and the use of dashboard mapping devices, the chances of being hit when you are an innocent driver and not at fault have risen rapidly. Many of the car accidents and motorcycle accidents that we see arise from people who are looking down at their mapping device or at their text or cellular phone to dial, look at an APP or otherwise do something which distracts them from driving.

If you call the Bull Attorneys we will always help you with the property damage part of your claim if you have a case that also has bodily injuries with it. We do not normally charge anything to assist on the property damage portion of the case and do it as a service along with helping you on your personal injury case. Many lawyers and attorneys do not want to bother with the property damage aspect of the case because it becomes time-consuming and it takes substantial staff to deal with the adjusters, tow lots and other business entities like rental car agencies such as Enterprise and Hertz. Property damage claims can take up just as much time for the lawyer as the bodily injury claim. When you have a personal injury case and a property damage claim, you should consider hiring the Bull Attorneys since we don't mind helping solve your property damage issues at the same time as we help you get your life back on track with your bodily injuries.

When looking for a replacement vehicle, remember, you should likely take out insurance that will pay an agreed replacement value on your wrecked car. Otherwise you should consider buying GAP insurance so after your wreck you are not left upside down still owing money on your totaled car.