FAQ
AccidentGuidance.com provides information on possible scenarios or out comes that can be associated with an accident. We are not a legal company, so advice is based of recent calculated 3rd party sources and interactions with insurance companies, body shops, and rental car companies. Every situation is different so information accident guidance provided cannot be used as a governed legal documents; just guide information or things to refer to when trying to handle issues pretending to an accident.
AccidentGuidance.com is a resource center connected with 3rd party partnering companies. Depending on the accident requirements needed Accident Guidance will refer your information to the partnering 3rd party companies to ensure that valid information be a professional in that field can asset.
01
DO I CALL MY INSURANCE
Depends on if its your fault or not... If its your fault call right away becasue most likely the other person is going to be calling. Its best to get a head start on things. Your insurance company will tell you not to admit to anything to after you have talked to them. If its not your fault you dont have to report such issue to your own insurance company unless you want them to fix your car and bill the other persons insurance company. If the person that causes the accident doesnt have insurance, contacting your insurance would be the ideal thing to do to ensure your car is fixed and they go after the person who caused it.
02
IS MY CAR TOTALED
ITypically, cars are considered to be “totaled” when the cost to repair the vehicle is higher than the actual cash value (ACV) of the vehicle. Practically speaking, however, it is not always practical to repair a vehicle, even if the cost of repair is less than its ACV
03
WHAT DO I PAY
Depends on the case... if its your fault>A car insurance deductible is the amount of money you have to pay toward repairs before your insurance covers the rest.. For example, if you're in an accident that causes $3,000 worth of damage to your car and yourdeductible is $500, you will only have to pay $500 toward the repair.
04
WHAT DOES ACCIDENT GUIDANCE DO?
Accident Guidance is aim at providing guidance to clients that have been in an accident. We have experience in the insurance and auto body industry in which we can give advice in which could help you save time and money, when dealing with an accident.
We answer the unknown questions that typically aren’t answered until insurance companies have determine the over legal obligations. We make sure that you are informed of your rights and what entitled to in the event of an accident
05
CAR VALUE?
Diminished Value Claims Versus “Actual Cash Value”People sometimes confuse the terms “diminished value” and “actual cash value” after a car accident, so let’s look at the differences.Diminished Value Claims. “Diminished value” refers to the simple fact that a serious accident automatically reduces the value of a car and makes it more difficult to sell. People aren’t as likely to purchase cars that have been in accidents, due in part to the perceived potential for future problems. Thanks to companies such as Carfax, potential buyers can obtain information about used cars using the Vehicle Identification Number, including reported accidents involving the vehicle. Many states also require owners to disclose the accident history to potential buyers.