How Auto Insurers Calculate Vehicle Damages

Find out how your insurer will determine the cost of your damages following an accident.man inspecting car damage

If you have the right auto insurance in place, then you can rest easy knowing that you have coverage to address the damages you have sustained during a car accident.  However, have you ever wondered what your auto insurer will do to determine the extent and cost of your car’s damage?  Here is what your insurance provider does to calculate your damage costs.

Role of Your Claims Adjuster and Appraiser

After you have filed a claim for an accident, you will give a statement to your claims adjuster.  You will recount the details of the accident and send them any information that you have (the other driver’s contact and insurance information, police report details, photos, and so on).  If you have coverage for your damages, then your adjuster will send out an appraiser to inspect your vehicle and officially document the extent of your car’s damage.

During their inspection, your appraiser will determine which parts need to be replaced.  Because your insurance will only offer coverage for the damages stemming directly for the accident, the appraiser will also check to make sure you have not made a claim for prior damage to your vehicle.

Repair Estimate

Based on the inspection, your appraiser will generate an itemized list of all parts and repairs that your car needs.  This list will also account for labor time and costs, paint time, and other subtotals.  The appraiser will add all these subtotals together and account for taxes to generate your repair estimate.  Please note that this sum is still a preliminary estimate; it’s possible that your costs will increase if the repair shop finds additional damages.  If this occurs, then the shop will submit a supplement for your insurance company to review.  So long as the damages are related to the accident, your insurer will work directly with the shop to arrange the repairs.

This is how your auto insurance provider will determine the cost of your car’s damage following an accident.  Looking to secure the right insurance to ensure that you are covered in the event of a car accident?  If so, then contact the experts at Miller Carlisle Insurance Services.  We are ready to assist you with all your coverage needs today.

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