California
Hi There,
My brand new 2006 cadillac cts fully loaded 240 miles, was rear ended while parked, no one was injured. Damage to vehicle is nearly $7000.00 and there is structural damage as well. The other partys insurer accepted 100% liability.
I received an auto appraisal to determine pre-accident value versus post-accident value. It has been determined to be roughly, a $12,000.00 loss in value.
This is of great concern to me as I would really like to trade it in for the same car that has not been in a wreck and am willing to pay a few thousand to be whole, however even with my paying a few extra on top of the trade in, I would still be at least 10-12 thousand short of being whole, and being able to get back into a perfect car.
I have been unable to locate much information with regard to this type of claim in my state however I have been told that my claim, being on a brand new car & it being 3rd party liability, that I am in a great position to recover for some of this loss.
Can anyone tell me how this works or if they know of any measures I should take? Is there an certain type of lawyer I should look for if the insurance company rejects my claim?
Thank you for any help you can offer
Hi There,
My brand new 2006 cadillac cts fully loaded 240 miles, was rear ended while parked, no one was injured. Damage to vehicle is nearly $7000.00 and there is structural damage as well. The other partys insurer accepted 100% liability.
I received an auto appraisal to determine pre-accident value versus post-accident value. It has been determined to be roughly, a $12,000.00 loss in value.
This is of great concern to me as I would really like to trade it in for the same car that has not been in a wreck and am willing to pay a few thousand to be whole, however even with my paying a few extra on top of the trade in, I would still be at least 10-12 thousand short of being whole, and being able to get back into a perfect car.
I have been unable to locate much information with regard to this type of claim in my state however I have been told that my claim, being on a brand new car & it being 3rd party liability, that I am in a great position to recover for some of this loss.
Can anyone tell me how this works or if they know of any measures I should take? Is there an certain type of lawyer I should look for if the insurance company rejects my claim?
Thank you for any help you can offer