Car Appraisal After Accident
What You Need to Know about a Car Appraisal After Accident
When getting a car appraisal after accident, the goal is to determine the fair value of your vehicle. Your insurer is going to determine how much it will cost to repair the vehicle. In some cases, the cost of repairs can be more than what the car is worth.
The first step in the car appraisal after accident process is to report the accident to your insurance company. Many insurance companies will have a claims adjuster who will travel to the scene of the wreck in order to appraise the vehicle. The appraisal expert will also interview you to determine the circumstances of the accident. During the appraisal, the appraiser is looking to determine the extent of any damage and the overall condition of the car.
The insurer is required by law to offer you a fair price. If you are present with your appraiser, it can help you and the agent arrive at a fair price.