When a car is damaged as the result of an accident, one of the first things the insurance company will want to do is have a professional look at the vehicle. The goal is to determine what must be done in order to undo that damage and get the vehicle back on the road again. After the quote for Frame And Collision Repair in Louisville KY, is finalized, there are two different ways things can go. The Quote is Accepted Once the quote is completed, the car owner receives one copy.
The other is transmitted to the insurance company for review. The company will use several criteria for determining if the amount of the quote is in line with the current market value of the vehicle. Assuming that the repair cost does not exceed a certain percentage of that value, the quote is approved. At this juncture, the car owner is notified, and can make arrangements to take the car in for the repairs. Once the work is completed, the owner can pick up the car, check to make sure everything is working properly, and that will be the end of the matter. The Quote is Not Accepted If the quote for the Frame And Collision Repair in Louisville KY, exceeds the estimated market value of the vehicle, the insurance company will likely choose to total the car. As part of the deal, the car owner is offered a settlement amount in exchange for the wrecked vehicle.
The owner has the right to accept the offer, take the money, and arrange for the car to be picked up by a dealer authorized by the insurance company. An alternative is to reject the offer and pay for the repairs out of pocket. For people who want to know more about their options when it comes to repairing damage to their vehicles, Visit website and read over the tips and suggestions offered. With that information in mind, it will be much easier to decide whether to keep the vehicle and pay for the repairs or to accept the offer provided by the insurance company.
