ARTICLE · 29 MAY 2023

Car Crash Property Damage: Getting Fair Value When Totaled

McNees Wallace & Nurick

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"I have never been through this before, and I'm just not sure how to handle it." If what needs to be "handled" is a vehicle property damage insurance claim with no personal injury...

United StatesTax

Reprinted with permission from the March 30, 2023 edition of The Legal Intelligencer © 2023 ALM Media Properties, LLC. Further duplication without permission is prohibited. All rights reserved.

“I have never been through this before, and I'm just not sure how to handle it.” If what needs to be “handled” is a vehicle property damage insurance claim with no personal injury, you can confidently guide an insurance consumer in the right direction; it can be a DIY project. If you are dubious about the last sentence, read on and keep this article within easy reach for when someone walks into your life carrying the weight of a totaled vehicle claim.

An educated insurance consumer can get to a fair value for a car that is a total loss, if they keep these guidelines in mind:

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