After a car accident, your vehicle will likely have some damage. However, Las Vegas vehicle damage liability may come into question. Whether it is a few scratches and dents or something that requires more in-depth repair, you may wonder who will be responsible for paying for the damage. Determining who will pay for your vehicle repairs depends on a few factors – and may require the assistance of an attorney, especially if you suffered from injuries.
Liability is determined by negligence in an accident – and this applies to your injuries as well as vehicle damage. If you can prove that the other driver was acting negligently and caused the accident, then you may be able to hold them liable for any repairs your vehicle needs.
Insurers Will Pay Up to Policy Limits Only
While it is true that you can file a claim against the other party’s auto insurer, you must realize that insurers are only required to pay up to policy limits. For example, you are in an accident and the other driver caused an estimated $10,000 in vehicle damage. They only have $5,000 of property damage coverage on their insurance policy; therefore, the insurer will only pay $5,000 out of the $10,000 you need.
If the other party’s insurance cannot cover the total cost of repairs, who assumes responsibility of the Las Vegas vehicle damage liability? Your own insurance will cover the remaining portion based on your collision coverage.
When Repairs Exceed Car Values
It is not uncommon for repair costs to exceed the value of the vehicle. Insurance companies are only required by law to pay for vehicle damage up to the value of the vehicle, which means if the repairs exceed such value, they will not pay more than what your car is worth. In these cases, insurers will typically rate your car as a total loss (totaled vehicle) and take the car. You will then be compensated the value of the vehicle to pay off any subsequent loans and replace the vehicle – though this value may not fully compensate or cover the cost of the vehicle due to depreciation.
How an Attorney Can Help
If you have been in an accident and your vehicle was damaged and you also suffered from injuries, it is best to enlist the assistance of an attorney. Insurance companies will work hard to limit how much they pay out on your injury as well as reduce their Las Vegas vehicle damage liability.
The attorneys at De Castroverde Law Group can help. We ensure our clients get the compensation they deserve for their injuries as well as property damage. Do not let insurance companies try to devalue your claim. Instead, contact De Castroverde Law Group today. Call us at 702-222-9999 or contact us online to schedule a consultation.