by Guest » Fri Jan 16, 2009 11:20 am
Hi!
How do I know that I'm claiming the right dollar value (for an accident) with my car insurer?
BillBox92
How do I know that I'm claiming the right dollar value (for an accident) with my car insurer?
BillBox92
Posted: Fri Jan 16, 2009 01:28 pm Post Subject:
Auto accident? If so, the vehicle is either repairable or a total loss. If repairable, they pay the cost to repair. If a total loss they pay the value of the vehicle. This amounts are easy to confirm.
I'm not clear on what your asking.
Posted: Fri Jan 16, 2009 01:38 pm Post Subject:
As a claimant it is quite natural for you to feel that the settlement was not up to your expectations. On many occasions it becomes tough for the claimant and the carrier to come to terms regarding the claim amount.
It is not wrong for the claimant to claim for a fair value that recovers all potential current losses as well as future losses that may arise as a result of the accident. Many of us would believe that the worth of our medical cure or hospitalization charges would be a deciding factor towards the settlement amount. But on quite a few occasions it would not be like that.
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