Auto Insurance Claims/loss of use

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Expert: Ron Cercone - 11/6/2009


Question
I was without a vehicle for 45 days, and now the insurance company is offering me $10 a day for loss of use- that seems too low to me.  Is there a minimum amount for loss of use?

Answer
If this is a claim against the other drivers insurer, they owe you what it would cost to rent a car like yours per day. The time would be from the date of accident to when they make a "reasonable" or fair payment. So if they tried to lowball you and after 30 days of arguing they agreed to pay more on the car, then add that to the rental time. IMO it would be reasonable to allow 14 days to find and buy a replacement vehicle once you know the amount you have to work with.

Auto Insurance Claims

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Ron Cercone

Expertise

How to handle automobile total loss claims. I am the president of UClaim.com, which sells 29 different eBooks I have written on how to maximize various types of auto, home and business claims and how to get coverage on denied claims. You may view their tables of contents online. Also available are very specialized eBooks such as on EUO (Examination Under Oath) for example. Also available is an assortment of policy forms used by the most popular insurers. The eBooks have a money back guarantee and currently include personal consultation with Ron Cercone.

Experience

I have been adjusting insurance claims since 1980. 1980 to 1995 adjusting for many insurers (6 years as an independent adjuster with my own company). Currently working as a public adjuster in California, since 1995. I'm one of the few public adjusters who has handled automobile damage and total loss claims.

Organizations
CAPIA (California Association of Public Adjusters).

Education/Credentials
BA 1975 in History and Industrial Arts. Full CV at UClaim.com .

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