What Happens If My Car Is Totaled in an Accident?
If your car is totaled in an accident, it means that the cost of repairs exceeds the car's actual value. In such cases, the insurance company may declare the vehicle a total loss and offer you a payout instead of repairing it.
What Does Totaled Mean?
A car is considered totaled when the cost to repair the damage is more than the car's current market value. Insurance companies use a formula to determine if a car is totalled based on repair costs, the car's age, and its market value.
Steps to Take If Your Car Is Totaled
- File a Claim: Notify your insurance company immediately to begin the claims process. They will assess the damage and determine if your car is totaled.
- Get a Payout: If the car is declared a total loss, the insurance company will offer you a payout based on the car's pre-accident market value.
- Shop for a New Vehicle: Once you receive the payout, you can use it to purchase a new or used car, depending on the amount provided by the insurance company.
How Auto Body of Los Angeles Can Help
- Assessment and Documentation: If you believe your car may be totaled, we can provide an assessment and documentation that can help with the claims process.
- Insurance Support: We can communicate with your insurance company to help ensure that you receive a fair payout for your vehicle.
- Replacement Services: If you decide to repair your car instead of accepting the insurance payout, we offer expert repair services to bring your vehicle back to its original condition.
If your car has been totaled in an accident, contact Auto Body of Los Angeles to understand your options and get the help you need!