Things Insurance Companies Won’t Tell You About Collision Repair

Car accidents are never fun and always frustrating. Even minor fender benders pile up a mountain of frustrations; frustrations that your day is interrupted, frustrations that now you have to schedule collision repair, frustration about dealing with insurance companies, and so on. This last one, however, frustrations with insurance companies, is something our team at Premier Coach Works is well acquainted with seeing, as a lot of our work is with insured collision repair.

Insurance companies can be a great boon for helping you transform what might have been an impossible collision repair amount into something manageable, but they don’t always have your best interests at the forefront. The following is a look at a few things insurance companies typically won’t tell vehicle owners, but things every insurance policyholder should know:

3 Thing Insurance Companies Won’t Tell You About Collision Repair

1. You can take the money. So long as you own your vehicle outright and the vehicle isn’t totaled, two things are true: The insurance company will have to pay out for repairs according to the policy terms and you can choose to just keep that money. So, if the accident was something cosmetic that you can live with, then you might prefer the cash. Or maybe the collision was bad, but you’d rather take the repair money as a downpayment for a new vehicle along with selling the collisioned vehicle as-is.
2. You can keep the totaled vehicle and the cash. If your vehicle is totaled, then your insurance policy will pay out according to terms, such as fair value at time of the accident. But did you know that you can also have the vehicle? If you’re handy about parts or know someone who is, you can keep the cash and your totaled vehicle to sell elsewhere for parts. Some vehicles, such as the Toyota Prius, have several valuable parts that are easily removable and even more easily sold or even scrapped for hundreds of dollars.
3. You may be able to choose which insurance to use. In situations where you have full insurance coverage and you’re not “at fault”, you can choose which insurance to use — yours or the other carrier’s.

Call Our Team Today for Accident Repair

Have you been in a collision? Contact our team at Premier Coach Works to schedule your repair and to learn more about your payment options.