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Insurance Law/falling power line pole on parked vehicle

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Question
Just the other day a live powerline fell on my parked vehicle. I live on a dead end street and this is where I park my vehicle, on the other side of the fence is a compound dwelling with residents. An eighteen wheeler was driving and the powerline wires got caught in the truck, snapped the the pole and it all fell on my vehicle. This damaged the rear window completely and dented up the hatch back door. I dont have insurance on the vehicle as it is out of commission, I will be picking up the police accident report and getting with the insurance company. I need to know what steps to take to receive maximum benefits from this incident?

Answer
Hi-
Since the vehicle is out of commission, it is possible that the damage to the vehicle will now cause it to be a total loss.  The amount would be based on the actual cash value (market value less depreciation), so don't get your hopes up that this will be a big windfall.  You would need to make a claim against the insurance of the truck driver, so you could start by checking around for market value of the vehicle in your area.  The adjuster will do the same, and average them out.  Hope this helps. :)

Denise  

Insurance Law

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Denise

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I am a licensed Property/Casualty agent in the state of Wisconsin, a Certified Insurance Counselor and a Certified Insurance Service Representive, with a 15+ year background in personal insurance underwriting. I am currently working in the Homeowners and Auto field, and was licensed in Life and Health insurance years ago. I can provide input if you will give me a "one paragraph what`s the story", however depending on the situation, do note that as policy forms and endorsements vary by the state, the information may be general and educational in nature.

Experience

20+ Years

Organizations
CIC, CISR, API

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