There are a lot of things that may happen to you and your car in the event of a traffic accident. It could be that you injured someone. It could also be that you damaged another person’s car and any other property found therein. And it is also quite plausible that you could cause distress or emotional trauma to the other party as well as to any other innocent bystanders.

How Will Your Car Insurance Company Help You?

These are the sort of cases which commonly occur as a result of a car accident, and it is for this reason why car insurance companies are typically more concerned about them.

Most accidents won’t really cause death or even serious injuries, and the same may be said about one’s car. In most cases, your vehicle will only sustain some damage but nothing a short trip to repair shop or local mechanic can’t fix. That’s definitely a good thing.

Sometimes however, a person’s vehicle is not just damaged or dented in an accident. It is completely and utterly destroyed. And although this doesn’t happen a lot, they can be a very serious problem when they do happen. So for those car owners who wish to know what’s going to happen if their car explodes or falls off a cliff, listen up.

First of all, what happens next will depend on what kind of coverage you have as well as what sort of insurance company you’re dealing with. If you were to get a policy which specifically deals with instances where your car is completely destroyed, your insurance company will reimburse you according to your car’s overall value at the time it was destroyed in the accident.

This is usually done with Blue Book listings, minus the deprecation of your car’s value over the years. The deductible comes off at that particular amount, although there may also be other considerations as well with regards to the worth of your vehicle. Some of these may include the condition of your tires, some new devices that you decide to add in recent years as well as old parts that were only recently replaced. All of these different factors will be taken together to give you an estimate of the overall condition of your vehicle at the time of the accident along with how much money you’re likely to receive.

Once the total figure has been computed, you can expect your car insurance company to reimburse you for your destroyed car. And that is how you car insurance works in relation to vehicles which are completely destroyed.


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