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Auto Insurance Claims/liability car insurance

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Question
what co I expect from my insurance company if my car caught on fire which it did last night..do I get any reimbursement?

Answer
Hi Christopher,

If you have Comprehensive coverage on your vehicle, then you are covered for fire. In that case your insurance company will determine if the damage is repairable and if so will pay to repair your car less your deductible. If the insurance company determines the vehicle is a total loss, then they will determine the value of your car and will pay you that value less your deductible. You may also be entitled to the sales tax on that amount. You should start checking the market value of your car by going to www.autotrader.com. Look for cars of the same year make and model. Locate 5 to 7 cars and average the values. This should give you at least a reasonable range for the value of your car. Then when the insurance company makes you an offer, you can determine if the offer is fair or not. If need be you can negotiate with your insurance company until a fair settlement is reached.

All of that assumes that you have comprehensive coverage on that vehicle on your insurance policy. If you do not have comprehensive coverage then your insurance company will not pay anything at all.  

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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