Property Damage Appraisal after a Car Accident
As car accident attorneys at Duncan Firm, serving clients nationally and based in Little Rock, we know that property damage can be a significant concern after a car accident. Understanding the property damage appraisal process can help you navigate the situation more effectively.
Exchange information with the other parties involved in the accident, including names, contact details, driver’s license numbers, insurance information, and vehicle details.
Document the Scene
Contact Your Insurer
Report the accident to your insurance company as soon as possible. They will guide you through the claims process and may provide you with a list of approved repair shops.
Obtain a Repair Estimate
Take your vehicle to a trusted repair shop and obtain an estimate for the property damage repair costs. This estimate will help you understand the extent of the damage and the potential repair expenses.
Understand Recoverable Costs
Depending on the circumstances and the at-fault party’s insurance coverage, you may be entitled to recover the costs of repairing your vehicle or its fair market value if it is deemed a total loss.
Diminished Value Claims
In some cases, you may also be able to pursue a diminished value claim, which seeks compensation for the reduced value of your vehicle even after repairs.
Negotiation and Settlement
Insurance companies may try to settle for the lowest possible amount. Having a knowledgeable car accident attorney by your side can help you negotiate a fair settlement that covers all your property damage expenses.
At Duncan Firm, we believe in protecting the rights of accident victims, including securing proper compensation for property damage. Our experienced car accident attorneys are here to guide you through the appraisal process and ensure that your rights are upheld, regardless of where you are located.