Getting Money From Car Accident

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Recently, my husband was involved in a car accident and we looked back on the whole situation. We realize that there are many ways we can save ourselves some money. I want to share my experience and some of the lessons I’ve learned so that if you find yourself in a similar situation, you can save a little money in your life.

Getting Money From Car Accident

Getting Money From Car Accident

In a very short time, my husband was involved in a car accident. It was his fault but no one was hurt. He was advised by “someone” that the car’s engine had broken down and could not be driven. the car was towed to a nearby dealership for $100. It took more than three weeks to complete the repair work. We later found out that there was no damage to the car’s engine, so we were able to drive it home. Also, the shop charged us too much for the repair when we compared the price to other garages. To make matters worse, my husband’s rent for three weeks was not covered under our policy. It was $750 out of pocket for the rental alone.

How To Get The Most Money From A Portland, Me, Car Accident

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The first thing I recommend is not to make big decisions about repairing your car or anything else related to the accident right after the accident. I think your number one concern should be the safety and health of you and someone you love and nothing else. Don’t worry about when/if the car is towed, where to take it, what repairs you need, or anything else. Give yourself some time to deal with the stress of the accident. Call the police, get your car off the road, and seek any medical attention you need. Make sure the accident is properly reported and recorded, especially if the other driver is at fault so he can avoid liability. Everything else can wait…until another day I say.

If repairs are needed and you have insurance, you are better off paying the full cost of the repairs. Do you know what to say to me? Some people may not have your best interests at heart. That is, the insurance company (depends on how well you know/trust) and any repair center you choose. Even though you’re not paying the full cost of the repairs out of pocket, you can be sure that the higher the bill, the higher your payment the next time you renew.

I think it’s safe to say that we all know to call our insurance company after an accident. However, this is a good time to review your insurance with them, or confirm what you plan to do. A good example: If your car can’t be driven, and you need a lease, is the cost of the lease covered under your policy? There’s nothing worse than thinking you’re covering for something that isn’t yours. Know where you stand before you go.

What To Do After An Accident That’s Not Your Fault

I want to be very careful what I say so that you are not deceived. If your car is drivable, and there doesn’t appear to be major engine damage, I would consider taking your car home before making any further repair decisions. But be very careful. Driving a car after an accident can cause a lot of damage, but if you are knowledgeable about the car and its inner workings, you should be able to reassure yourself. If it looks like the car has body damage, consider taking it home. That way, you’ll have peace of mind (and less urgency) to make any maintenance decisions. Also, to limit physical damage, make sure you’re in the right emotional state to drive after an accident. the problem

If you have reliable transportation after an accident and are in no rush to get your car repaired, I will “shop around” your car repair. Maybe you can’t get specific information, but you can still call some physical stores to see how they work, whether you like it or not, etc. You can ask about comparisons, turnaround time (how long it will take to repair), guarantees and so on. A little research online might not be a bad idea either. There is nothing worse than picking up the yellow pages and choosing a physical store near you.

I would keep all your options open before making a final decision. If the damage is minor, you may consider not filing with your insurance company. Again, if you trust your insurance agent, talk to them about the cost of repairs. If it’s small, it may be more profitable in the long run to pay out of pocket without filing, since you’ll be paying more than your expenses.

Getting Money From Car Accident

Also, consider your repair options. I’ve talked about my “circle of connections” many times in the past. Having a diverse and knowledgeable circle of friends can be very helpful. If you don’t have a “body marketer” in your circle, try to find one. It shouldn’t be hard to find. I know some of those industry jobs. They are a good person to go to for advice after an accident about your repairs, and if they run an independent shop, you can save a lot of money by having them do the repairs. If you don’t know someone personally, I bet you have a friend or family member who does. Nothing is more important than an honest assessment of damage.

Car Crash Statistics

A car accident and its aftermath can be a very difficult time for everyone involved. However, that doesn’t mean you should throw all common sense out the window and spend your money where it’s not worth it. Ensure the health and safety of everyone involved first, but try to step back and think before making any decisions about repairing your car. Making the right decision can save you a lot of money, while making the wrong decision or not knowing it can be very costly.

Are there any recent car accidents they’d like to share? Feel free to do so below.

David started his blog, YourFinance101, in June 2009 and published his first book on ways to save more and spend less called “Dont be a Mule…” Since then he has been a regular contributor to Money Crashers. . He lives outside of Atlanta, GA and spends much of his free time with his wonderful three year old son, Nicholas. Loans) can be a useful tool to help you financially until your claim is settled. Pre-settlement is generally available for car accidents and other types of personal injuries. This cash is used to pay general expenses, housing costs, car repairs and medical expenses. This article will give you a better idea of ​​how much money can be advanced for our claim.

One of the most common questions we get at Bridgeway is how much cash can I make on my loan. Although each topic is slightly different, there are basic guidelines that you can use for most topics. For starters, bridging can often add 10-20% to the cost of a case. The percentage we can proceed with will depend on the type of case, the geographic location of the incident and the distance of the case.

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