When you've just been in a car accident, one of the toughest ideas on your mind will likely be what you should do with your wrecked vehicle. Most of the time, the damage will probably be small enough that you will be able to drive away from the scene.
Nevertheless you may be thinking what if the incident leaves your car not able to safely make it home? It may seem to be best to just let the tow truck carry it away.
Some car accidents may leave your vehicle in such bad condition that not only are you going to be unable to drive it away, but it will be considered an overall total loss by estimators. If this sounds the circumstance, you might not exactly have even the option to repair it. Insurance agencies will likely notify you the vehicle is less expensive to replace, and the out-of-pocket price to pay for maintenance would be higher than most people can find the money for. When your wrecked car is in this condition, there are a few options you have.
1. Replace your car
The easiest and most popular option is simply to take the check the insurance company offers you for the vehicle and turn it over to them. This amount will often be the Kelly Black Book value for your car, and it must be enough to cover almost all of the expense of buying an equivalent alternative. If you occur to decide on this option, the insurance company will haul your vehicle off then sell it in the salvage auto market where it will probably be recycled or re manufactured.
2. Get money for your salvage car
Another option you usually have is to maintain your wrecked car and have a check from your insurance provider for the Kelly Black book value of the vehicle without the salvage value. The amount you get will be somewhat lower than if you let them eliminate your car, but this way you have the possibility to find your own, potentially better offer for your salvage auto. Contacting Top Cash for Junk Car is an excellent way to get a quote on your damaged car that helps be sure to get the Instant Cash for Junk Cars in Calgary.
3. Do it yourself!
Probably you want to avoid dealing with insurance companies and estimates completely or maybe you simply like a good hands-on project. Both ways, repairing your car yourself can be a cheaper and even more rewarding option in the long run. An individual pay anyone for manual work hours, you can tackle the problem of hunting around for parts and you will even repair it into something better than it was before. Whatever you decide to do after a car accident, you should keep in mind throughout the procedure that you have options. Car accidents aren't fun or cheap for any person, so making sure you have a good plan set up can make your car accident a far easier and cost-efficient experience.