![]() Any similar violation of any similar law of another state in which the accident occurs. Operating at an excessive rate of speed.ĭ. Driving the wrong way on a one-way street.Ĭ. Operating while under the influence of alcohol, marijuana or a narcotic drug.ī. The operator of the other auto was convicted of any of the following violations:Ī. ![]() Your auto was struck in the rear by another auto moving in the same direction and owned by an identified person.ģ. Your auto was legally parked when it was struck by another auto owned by an identified person.Ģ. If you have a Waiver of Deductible Endorsement added on your policy and meet the criteria as outlined in the endorsement your company will waive your deductible if certain requirements are met. Do I have to keep paying my auto insurance premium even after the insurance company says my vehicle is a total loss? (Insurers will typically notify you a few days in advance of the cutoff date that coverage for the rental car will no longer be provided.) Information about this question can be found in the “Substitute Transportation” section of your policy. However, the insurer is not obligated to continue to pay for the rental car following an offer to settle your claim. ![]() If you disagree with the total loss amount being offered, you may attempt to negotiate with the insurer for a greater settlement amount by providing supporting documentation which supports your claim that the actual cash value of your vehicle is greater than the amount being offered by the insurer. Typically, if the insurer has made an offer to you to settle your claim for the total loss of your car, the insurer may stop paying for the rental car. Please consult your personal auto policy for the specifics of this issue. My car was totaled and a rental car was approved by my insurance company, but they are now asking me to return the car or I will have to pay for the rental car myself. If you disagree with the amount the company is offering, you can attempt to negotiate, but remember, the vehicle has to be of like kind and quality. Insurance companies can pick their own sources form which they derive their “total loss equations” from, such as NADA and Kelly Blue Book, and you have the right to ask the insurance company for their sources. If your vehicle has a high value because of its great condition such as an antique, classic, or restored auto, you should have it appraised and then insure it for the amount the appraisal says the vehicle is worth. Your company also considers if your vehicle is worth less because of damage that happened to the vehicle before the accident which the appraiser finds or for which a claim has been paid and how much it would actually cost to buy an available vehicle of like kind and quality. ![]() Your vehicle's value is determined by the following factors: the retail value for a vehicle of a similar type (also known as a “like kind”) and condition before the accident and the price you paid for the vehicle plus the value of any improvements that had been made to the car. When your vehicle is a total loss, your insurance company will pay you only the “actual cash value” of the vehicle as of the date of the accident, not the cost to replace it. ![]() If your vehicle is declared a total loss this means that the cost to repair the car exceeds the current value/worth of the vehicle. ![]()
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