The insurance companies train their adjustors to settle claims for as little as they can. Especially the other person's insurer, if they are at fault, are at odds with you. Their interest to save the company money.
Time is on their side.
Also, the insurance company will typically use the "CCC" valuation to support what their offer is. That is put out by the insurance industry usually deflated valuations. The NADA partically is a value book you should consult. You can also supply prices of "like-kind" vehicles for sale to the insurance company.
There is also the issue of, even if repaired, your vehicle will have a "diminished value" because the damage will show up on a Carfax report. Thus, when you later go to try to sell it, it's value is less than if it had not been in a crash.
If you would like more information, please contact us. Our firm has successfully worked in this area for decades.
David E. Schreiber
Mayerson Schreiber McDevitt, P.C.
www.mayerson.com
serving Pottstown, Royersford, Spring City, Douglassville, Birdsboro, Phoenixville, Limerick, Gilbertsville, Boyertown
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