What Happens If the Insurance Company Underestimates the Cost to Repair My Car?

What Happens If the Insurance Company Underestimates the Cost to Repair My Car?

Are you inquiring about the company insurance’s refusal to pay the full amount for the repairs, as quoted by the mechanic or dealership? Additionally, does your car require fixing due to an auto accident you have experienced?

What to Look Out For

If insurance companies require you to utilize a specific mechanic, there are several fundamental guidelines that can safeguard you. It is important to note that insurance companies may not prioritize your best interests.

  • Ensure that the store is utilizing OEM supplier replacement components.
  • Make sure they have a warranty for repairs.
  • Get another trusted dealership to review the repairs.
  • When to Hire Help

    When faced with personal injury, it is always advisable to hire a personal injury lawyer, as the costs of medical expenses can become even more challenging and burdensome when companies shift the responsibility of payment between medical insurance and auto insurance.

    There is no harm in politely inquiring about the reason behind a company’s offer if you believe it is too low. Most insurance agencies will likely resist when presented with an appeal regarding the payout of your claim. Just because you have a claim doesn’t mean you should give up on pursuing it.

    Remember to consider the cost of your preferred mechanics when obtaining multiple quotes to provide solid evidence of the true cost of repairs, in case the insurance company refuses to acknowledge the obvious value of your totaled car and fails to negotiate a fair settlement. In such a situation, there is no chance that the insurance company will match their price.

    Insurance Bad Faith

    Some Insurers Negotiate with Dealerships

    Sometimes, good insurance agents will negotiate and intervene on behalf of the car dealership’s themselves, auto insurance companies. Usually, this guarantees that the car will receive full coverage and cuts out the middleman as you. When this happens, an insurance company may demand that you visit their mechanic of choice.

    On the contrary, some car garages have the advantage of negotiating with all insurance companies. These garages will advocate for you, even after the claim check has been issued. Conversely, certain insurance agencies will rely on trusted car mechanics to assess the repairs and determine the amount for your claim.

    The company’s insurance adjuster, who usually handles car repairs for mechanics and industry-specific needs, may not have a deep understanding of the specific repairs required for your claim. It is important to keep in mind that they may lack the knowledge in this area. However, they will do their best to minimize the expenses for your claim and ensure that the company spends the least amount possible.

    Negotiation Is Possible

    Occasionally, submitting a written statement to the insurance provider expressing your request for modifications can prove advantageous. This process will necessitate certain details to effectively address any obstacles to a promised claim. Insurance companies function akin to marketplaces, allowing room for negotiation of claims.

    If you are approaching an insurance provider that is not your own, it would be prudent for you to have a lawyer write a statement on your behalf, as lawyers can keep insurers from sidetracking you with wordy tangents that are meant to deter even stout claims from clients. You may also want to include quotes for repairs from several local dealerships.

    Brian White

    If you feel like you have been shortchanged by the at-fault provider in a car accident, contact our Houston law office at (713) 500-5000 to schedule a free consultation with Brian, an experienced personal injury lawyer. He can offer you advice on what you can do and answer any questions you may have regarding your claim.