Blog Archives

The liability insurance company is responsible for all “reasonable” towing and storage charges until a few days after you and the storage facility are notified that the insurance company will no longer reimburse the owner or storage facility for storage charges. The notification can be verbal or written. Once you...
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Depreciation value is that sum of money which accounts for the decrease in the fair market value of your motor vehicle as the direct result of having been damaged in a collision even taking into consideration that your vehicle is repairable or is repaired. It is recognition that a vehicle...
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If your car is financed, the insurance company will usually write the check in your name and the name of the repair facility. This is because the damage to the vehicle reduces the value of the car which means the finance company’s lien rights are also diminished. Therefore, the finance...
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If your vehicle is financed then you will need to determine the pay-off to the finance company. The liability insurance company must pay the finance company. They are required to do this by law because the finance company has a lien on the vehicle and title. If there is any...
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If the vehicle is a total loss and a FMV is agreed upon, the liability carrier will require the Title and possession of the vehicle in exchange for the settlement check. In other words, the insurance company will not pay the FMV and allow you to keep the vehicle. This...
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A vehicle is considered a total loss when the amount of the repairs (including supplemental claims such as projected rental during the period of repair) equals or exceeds 75% of the pre-accident cash value of the vehicle which is sometimes referred to as the vehicle’s Fair Market Value (FMV). In...
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After contact has been made with the insurance company, an adjuster will be assigned to your case within one day to a few days. Often there are two adjusters, one handling the property damage and the other handling your personal injury claim. Clients frequently ask us whether they are able...
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If your vehicle has been damaged in a collision which is caused by the negligence of another, the first thing to do is contact the liability insurance company for the at-fault party. However, if you are injured in the accident, it may be best to speak with a personal injury...
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It is rarely cost effective for you to hire an attorney to pursue ONLY your property damage claim; however, property damage claims can be difficult and frustrating to navigate. We understand how difficult it can be to resolve your property damage claim on your own; therefore, if you are a...
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