You can pay for the repairs out of your own pocket, especially if the damage is minor. But if the damage is significant, you could be looking at a significant amount of money. Your car will have lost value after being involved in a collision, but it may have more value than you think despite the damage.
Should I Fix my damaged car after an accident?
The value of a car after an accident is never the same. Even if you repair the damages completely, the value of your vehicle undergoes something called diminished value. Because of this fact, fixing your damaged car doesn't always make sense. CarBrain specializes in evaluating damaged car value, and making fair market offers for your vehicle.
Is it worth fixing a car that doesn't run?
Much of the time, the vehicle won't be worth fixing if you want to trade in a car after an accident, or sell a car after an accident. What to Do With A Car That Doesn't Run? Trade in Non Working Cars to CarBrain.com Fixing accident damage will very seldom pay off.
Who pays for car repairs after a car accident?
If the other driver is at fault for the accident, his or her auto insurance is responsible for covering car repair costs. Typically, the at-fault driver's insurance policy can only pay up to the limits of the driver's policy.
When does the insurance company cover the car repair costs?
Once the damages have been inspected, the repair estimates have been made, and the vehicle has been repaired, it's time for the insurance company to cover the car repair costs . Generally, you have a couple of options for covering repair costs, and they might depend on the insurance company's policies.
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