Auto Insurance Claims/Loss of use

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Question
QUESTION: How do you calculate Loss of use of a 1999 Chevy Tahoe LE in value to present in court?

ANSWER: Hi Anthony,

Loss of use is generally what is owed when you did not receive a rental car. If you received a rental car during repairs, then you are not entitled to a loss of use.

Assuming you did not receive a rental car, loss of use is generally calculated at $15.00 to $20.00 per day of the accident through the reasonable time period needed to repair your vehicle.

I hope this helps
Richard Hixenbaugh

---------- FOLLOW-UP ----------

QUESTION: Thanks for your information.It's been 3 yr's at a shop & after 3 differant motors,they still can't get it right.What do you think is a reasonable time period?

Answer
Hi Anthony,

This is a very unusual situation. At the very worst it should not take more than 2 weeks to switch out an engine. So even if 2 engines were bad and a 3rd was needed it should have taken no more than 6 weeks.

It sounds like this is not a collision repair situation. If you are intending to file suit against the shop, they will have a lot of explaining to do as to why it has taken so long. If the delay is their fault, they will likely owe the loss of use for the entire time. However they is likely to end up being more than the value of your vehicle.

I hope this helps
Richard Hixenbaugh

Auto Insurance Claims

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Richard Hixenbaugh

Expertise

Auto insurance claims procedure, auto coverage, liability issues, auto damage questions, how to deal with the insurance company, loss of use and diminished value.

Experience

I have been involved in the insurance industry for over 25 years. I have experience in underwriting, sales, claims adjusting, auto damage estimating, auto value appraising and diminished value appraising. I have testified as an expert witness over 35 times.

Organizations
Society of Certified Auto Appraisers

Education/Credentials
Completed all required courses for the Florida Property-Casualty agents license and the Florida claims adjusters license. I have attended various courses on auto damage estmating, vehicle appraising and am ASE certified in collision damage analysis.

Past/Present Clients
My company has done work for consumers nationwide.

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