Brand new car involved in hit and run, no witness..what now?

[aruray]

What is the name of your state? NJ

My 10 day old car got hit in the front while parked on the street. Looks like intentional. The whole exterior front of the car is damaged, and front passenger side wheel dented on curb. That wheel is making a lot of noise which leads me to think major damage on the car. My question is: is there a possibility of getting a new car or money back from the insurance?. I cant even think of keeping a damaged car for the rest of its life. Help pls!

 

[ecmst12]

Do you have uninsured motorist coverage or collision coverage on your car?

 

[moburkes]

The better question is, do you have GAP coverage? Collision or UMPD will either help to get the vehicle fixed, but neither will get you a new car or money "back".

However, GAP coverage will only come into play if your vehicle is totalled, which, if you can drive your car enough to hear noise from the wheel , it probably isn't.

 

[ISUE4YOU2]

You have a claim under the collision coverage of yourauto insurance policy, subject to the terms and conditions of that coverage including a deductible. This sounds like a hit-and-run, and without identification of the hit-and-run vehicle to rule out liability insurance, any collision deductible waiver coverage would not apply.

Your insurance company will determine if your vehicle is repairable or a total loss. If the vehicle is repairable, they should pay you for what it will cost to repair it at the shop of your choice; you do not have to have it repaired, but their payment will end their obligation to you. If the vehicle is a total loss, they will pay you its actual cash value less the applicable deductible. Your policy may or may not contain a clause allowing for replacement without depreciation of a total loss within the first year of ownership of your vehicle.

 

[Betty]

If the vehicle is repairable, they should pay you for what it will cost to repair it at the shop of your choice; you do not have to have it repaired, but their payment will end their obligation to you.

Since the car was only 10 days old at the time of the accident, I assume OP is still paying for the vehicle. A lot of times the lien holder will require that the damage to the car be repaired.