Getting into a car accident is one of the scariest disasters people run into. Imagine spending your day running errands and getting groceries, and in just a snap, things can go south. Fortunately, you’re safe and unharmed; however, the same cannot be said with your car.
Automobile accidents are unfavorable in many regards, and the most significant expense and loss you experience in most cases are that your vehicle is completely totaled. Not only will you have to deal with a broken vehicle, but you’ll also need to change up your routine and find a better way to get around the city.
One of the most common questions people ask is to get compensation after their car is totaled in an accident. Seeing that there’s a bunch of gray areas in this matter, it’s a good idea to speak to a car accident attorney to better understand your situation and if you’re eligible for a claim.
Know If Your Car is Considered Totaled
Traditionally, a car is considered totaled when the repair costs exceed the value of your vehicle. And in some states, they have specific laws that define a totaled vehicle, all based on certain thresholds.
In New York, an automobile is considered “totaled” when the vehicle’s damage equals 75% of its value. So, for example, if your car is worth $5,000 and your repairs cost $4,000, your automobile is considered totaled.
Receive Compensation for Your Totaled Vehicle
If you have an automobile in New York with damages exceeding 75 percent of its worth, your vehicle is considered totally, but what do you do next?
One of the first things you should do is check the type of coverage you have on your auto insurance policy. This will give you comprehensive coverage and collision coverage, including extra luxuries, which are incredibly helpful in the event of a severe accident.
File an Auto-Accident Claim
It’s always a good idea to file a claim immediately after an accident, whether or not you believe it’s your fault. Filing a claim is an effective way to receive compensation for damages.
Here’s a brief overview of how to make a claim:
- Contact a car accident lawyer and your auto insurance provider;
- Initiate a new claim concerning the accident’;
- Your insurance provider will decide if your automobile is a total loss after receiving a cost estimate for repairs;
- If the car is deemed totaled, rules of state will apply, and you should receive a check from your insurer;
The Bottom Line: Getting Compensation After An Accident Can Be Tricky
Sadly, it’s not easy to get compensation after an automobile accident. For this reason, you must speak to a reliable car accident attorney to understand the severity of your case. This way, you’ll know if you’re eligible for compensation and get proper reimbursement from your insurance company.
Seeing that there are many factors involved before you can get just compensation, understanding New York’s laws on car accidents can benefit you in the long run. So stay safe on the road, have a number of car accident lawyers ready on speed dial, and know the ins and outs of car compensation.
How Can Ronemus & Vilensky Help You?
If you’re looking for a reputable car accident lawyer in New York, we’ve got you covered. Ronemus & Vilensky are accident and malpractice attorneys that specialize in personal injury, civil rights, medical malpractice, auto accidents, environmental accidents, and more.
Book a free consultation with us today!