2. Get estimates from body shops. If you are not satisfied with the insurance company's estimate of your car's value, you can get estimates from body shops to support your claim.
3. Negotiate with your insurance company. Once you have received the insurance company's estimate, you can negotiate a settlement. You may be able to get the insurance company to increase its total loss offer by providing evidence that your car is worth more than the estimated amount.
4. Arbitration. If you cannot reach a settlement with your insurance company, you may be able to resolve the dispute through arbitration. Arbitration is a process in which a neutral third party hears both sides of the case and makes a binding decision.
5. Lawsuit. If you are not satisfied with the arbitration award, you may be able to file a lawsuit against your insurance company. Lawsuits are expensive and time-consuming, so it is essential to consider the risks and benefits before filing suit.
Here are some tips for getting the most out of your total loss claim:
- Keep all of your documentation, including the accident report, estimates from body shops, and correspondence with your insurance company.
- Contact your insurance company promptly to file a claim.
- Be polite and professional when dealing with your insurance adjuster.
- Be prepared to negotiate your claim.
- Arbitration or a lawsuit should only be considered as a last resort.
