Vehicle Property Damage Attorney in Conroe
Helping You Pursue Your Claim
When a car accident occurs, compensation should cover any property damage sustained in addition to medical costs associated with any injury. The insurance company must pay you for the damage to your vehicle, and if they are resistant to giving you what you are owed, Scott Law Firm can help.
Contact our Conroe vehicle property damage lawyer today to find out more about your rights in this situation.
What Should I Be Paid for Auto Damages?
Repair Cost vs. Fair Market Value
After an accident, you should get paid for either the cost to repair your vehicle or the fair market value of the car. Every car is repairable. However, insurance companies will use a ratio to determine what happens to the car. There are two options, whether the car should be repaired versus whether they will “total” the car. The term “total a car” is an insurance term.
The law entitles you to be fully compensated for your vehicle, whether you seek the repair value or the fair market value. But, if you go to court, the judge or jury is likely to only allow you to get compensated for the fair market value if the cost of the repairs is more than the value of the car.
What Is the Fair Market Value of My Car?
To determine the value of your vehicle, you can use sites such as NADA to find the fair market value. You can also search for used cars in your area that are of the same make and model as your vehicle. Remember, the fair market value is simply the value that someone is willing to pay you. If similar vehicles in your area are selling for $5,000, then the fair market value is around $5,000.
What Is the Cost to Repair My Car?
You do not have to accept the estimate the insurance company gave you for repair. For instance, if you have a Land Rover and you would like to take your vehicle to a certified Land Rover dealer for repair, then you are entitled to do that. If you dispute the amount of repair given to you by the insurance company, then try to get an estimate from a few other mechanics. Having more than one opinion will give you a good idea of the cost of repair.
Can I Be Compensated for Diminished Value?
If your car is repaired, then you are entitled to be compensated for the diminished value. This is the loss in value that the car experienced by being repaired. In other words, if you sell the vehicle after the repairs are completed, you’re not going to get the same amount of money. The value of the car would be the same as if the car had not been repaired.
How Can a Property Damage Lawyer Help My Claim?
Auto insurance companies often resist fully compensating you in order to save on their bottom-line. That means getting fair and full compensation from these companies can be a struggle. The last thing you need to deal with after an accident is an argumentative insurance company. An auto damage lawyer can take on that burden while you focus on recovery.
Turn to a lawyer for your automotive property damage issues. Not only does Scott Law Firm have experienced lawyers, we are centrally located near the courthouse in Montgomery County.
These situations can be confusing, but our vehicle property damage attorney in Conroe can help. Call (936) 243-4299 today to get started.
“Wow! I had the best experience with Patrick and his team. Scott law firm will take care of you like family.”- Vanessa C.
“I had a wonderful experience with Scott Law Firm! They treated me like family, it was so amazing!”- Grace T.
You guys! Mr. Scott and his team are AWESOME! They worked patiently with me and my case. It was a long road but Mr. Scott and his team finally settled my case! They were able to get me a nice settlement!” - Angie H.