Tuesday, June 30, 2015

Determine If A Vehicle Is Totaled

Discern Provided a Automobile Is Totaled


Provided you obtain been in an accident, there is no charge to wait weeks for your insurance firm to let you comprehend whether your vehicle is a total loss. Learn determine if your vehicle is totaled by following the directions below.


Instructions


1. Drive your vehicle (or have it towed) to an authorized collision repair center. Explain your situation to the representative and ask for a repair estimate. Plan to have someone pick you up; the repair center might not be able to get to your vehicle immediately.


You can get this information online at nada.com, or you can ask a dealer to look it up for you.4. Calculate the damage percentage. To do this, divide the amount of the repair estimate by the value of your vehicle.


3. Determine the value of your vehicle before the accident. Insurance companies usually use the National Automobile Dealers Association (NADA) good condition retail value.2. Pick up your vehicle and get a copy of the repair estimate; you will need it to determine if your vehicle is a total loss. Most collision repair shops offer free estimates, but if the one you brought it to does not, you will need to pay the bill before getting the vehicle.


If the damage percentage is higher than 70 percent, most insurance companies will declare the vehicle a total loss. If it is less than 70 percent, the vehicle will more than likely be repaired.