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Property damage from a motor vehicle collision

Date Added: July 15, 2012 04:38:44 PM
Author: B. Beetham
Category: Society and Culture: Law: Services: Lawyers and Law Firms: Insurance Law

    Our society increasingly relies on automobiles to function. Automobiles effects society's quality of life, service and convenience. In short, society cannot be without automobiles. When one's vehicle is damaged in an accident, great inconvenience occurs. This is why it is very important for individuals involved in automobile accidents to have their automobiles repaired or compensated as quickly as possible without significant costs.

    Question: How long should the insurance company have to complete their property damage investigation?

    Answer: WAC 284-30-390 requires insurance companies to complete their claim investigation within thirty days after a claim has been notified. An exception to this is only if the investigation cannot be reasonably completed within thirty days. If you have questions regarding this matter, Beetham Tran Law Firm, PLLC is a Renton law firm that can help answer this question further at (425)229-1500.

    Question: Who pays for the property damage repair if liability is clear?

    Answer: If liability is clear, you can have either your insurance pay (if you have collision coverage) for the repair or have the at fault party's insurance pay for the repair. If liability is clear and you decide to have your insurance company pay for the repair, depending on your policy, usually your insurance company will pay the amount of the repair but less the deductible. Your insurance company will then go after the at fault party's insurance company to subrogate the amount your insurance company paid out and your deductible. Once your insurance company receives full payment of the value it paid out and your deductible, your insurance company will send you a check to reimburse you for your deductible. If liability is clear and accepted by the at fault party, you will most likely get your deductible back if the at fault party is insured. If the at fault party is not insured, you will only get your deductible back once your insurance company collects the amount from the at fault party.

    If liability is clear, you can also have the at fault party's insurance pay for your repair. This may be more desirable because you can avoid the deductible assessed by your own insurance. And because the reimbursement of a deductible can take quite some time, having the at fault party's insurance pay for your repair will allow to avoid having to wait for the deductible to be reimbursed.

    If you have questions regarding this matter, contact a Renton lawyer or a Kent lawyer at Beetham Tran Law Firm, PLLC to help you answer this question further at (425)229-1500.

    For more details visit http://www.beethamtran.com

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