In my experience, in a number of countries, Auto Insurance companies will not pay for repairs unless the repair is result of an accident. Then only what the car is worth.
$1280.75
This is the amount paid by the insurance company to the doctor. It is the negotiated rate less the amount that you paid in the form of a copay, a coinsurance, or a deductible.
Typically if the cost of repairs exceeds 85% of the value of the car, the insurance company will offer to total your vehicle, because of the amount of time it takes to complete repairs combined with the labor/processing costs the insurance company incurs, makes it more time and cost efficient for the vehicle to be totaled out. You will receive a check for the actual cash value of the vehicle minus your deductible
Yes, they will total it.
The total loss would be paid based on the findings of the insurance company, you can take the money regardless of whether you had repairs done.
If your car is deemed a total loss, the insurance company will only pay up the value of the vehicle. They will have nothing to do with the repairs. If the vehicle is worth $5,000 and the damage is $8,000, you are going to pay $3,000 out of your own pocket. Once the insurance company pays you that $5,000, they are out of the picture. Just be prepared for a 'salvage' fee to be deducted from your settlement by the insurance company. That is what they would have gotten for your vehicle if you had surrendered it to them.
Well, You have a problem because your insurance bill would sky high.- Ian BI thought that if a repair is more than the value, the insurance company considers it a total. Why would they pay for repairs that's more than the car value?
Normally if the estimated damage is 75% of the value of the vehicle, it will be considered a total loss. The reason for this is that there may be hidden damage that only appears after the repairs are initiated. This varies, depending on your insurance carrier.
If both husband and wife are covered in health insurance policy, then they are entitled to a family discount the quantum of which vary from company to company and is deducted from the total premia amount.
Depends on the insurance company, most use NADA or Kelly used car guides then adjust for high or low mileage. They will also consider recent high cost repairs. New tires and brakes are considered maintenance nit improvements. In some states you have the option of making the insurance company replace your vehicle with the same model year and mileage. The insurance company is out to pay as little as possible so stand hard on your claim. Good luck!!
You can't really avoid it unless you can find a place that will repair the vehicle at the amount the insurance company says it is worse. They have standards to determine a total loss that must be met.
No. If the hospital has a contract with the insurance company, they will take care of filing the claim. If not, they will bill you and you will have to get reimbursement from the insurance company. Also, if it is a contracting provider, they have agreed to a total amount to be charged for various procedures and if the bill exceeds that amount they will write off the remainder. If they are not contracting, the insurance will still pay only the amount they think is a fair charge, less your deductible or copay, and if the hospital bill is more, you are responsible for paying the rest.