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The importance of having car repair insurance and how it could give you more money.
Through credible evidence and good negotiation skills, you may get more money from your car repair insurance. (Photo: Valley Collision Repair)
More Money Through Car Repair Insurance
In a published article by SmartNews, it was explained how in early 2020, a person was in a car accident that totaled their almost 12-year-old vehicle.
The other driver’s car repair insurance initially offered them a settlement, but they asked for more money based on the recent repair work they had done on the car.
By providing proof of the repairs, they were able to get an additional $750 from the car repair insurance company. Through this testimony, it can be concluded that it is important not to rush into accepting the first offer and to do research about car repair insurance to potentially get a higher payout.
It’s always worth taking the time to gather evidence and negotiate with the car repair insurance company to ensure you are properly compensated for damages.
According to a published article by SmartNews, by standing firm and presenting documentation of the repairs, you can increase the likelihood of receiving a fair settlement from the car repair insurance company.
It is also important to remember that it’s your right to advocate for yourself and seek the compensation you deserve especially when a repair car insurance is involved.
Owning A Car In The US
In a published article by The New York Times, the cost of owning a car in the US has reached record levels, with the average annual cost rising to $12,182.
This expense, which includes purchase prices, maintenance, and finance charges, represents 16 percent of the median household income.
With 92 percent of households owning at least one car, and 22 percent owning three or more, the total spending on personal vehicles is in the trillions of dollars.
