After you are involved in a total loss automotive accident, the first and most important step is to seek professional medical care. Once you are medically stable, your next step is to contact your insurance carrier to learn how to get your auto accident claim started. But when it comes to closing a total loss insurance claim, you can expect more steps in the process than if you were closing a car repair claim. This potentially makes the entire process take longer.
Getting compensation quickly is very important, especially if you rely on a vehicle to get you to and from your means of income. If you need to get paid by your insurance company as fast as possible in the event of a total loss accident, continue reading for some tips that should help.
Having the right knowledge after a total loss automotive accident is the best strategy for getting compensation quickly by your insurance company. Here is what you need to do:
✔ Contact Your Insurance Carrier
As soon as you are medically capable of making and comprehending phone calls, immediately contact your automotive insurance carrier to report the accident. It is best to do this on the same day, or better yet, at the scene of the accident; but in cases where you are seriously injured, medical attention comes first. The sooner you contact the insurance provider, the sooner the entire process can begin, which can ultimately take months to finalize. You will also discover information about residual loan amounts on your vehicle.
✔ Tow Your Vehicle
A total loss car accident means that your vehicle is totaled. This means that the amount to repair your vehicle back to the condition it was in before the accident exceeds the total worth of the vehicle. So, if your car is totaled, you can choose to have it towed to your preferred automotive repair shop to confirm it as a total loss, or you can have it towed to your insurance company’s preferred body shop. The secret here is to just have it towed to your insurance company’s place. It will make the process much faster.
✔ Find the Title
Your next step is to locate the title, because the insurance company will need you to sign it over to them before paying out your policy. If you cannot find the title to your vehicle, you will need to apply for a duplicate at your local BMV. See our blog, “How Do I Replace a Lost or Stolen Car Title?” to learn how to replace a lost, stolen, or destroyed car title.’
✔ Send in Paperwork ASAP
To make the entire process faster, be sure to mail back all of your complete claim paperwork, as requested by your insurance carrier. Before doing this, be sure to also do your research and learn what the current value of your vehicle was before the accident to ensure your insurance policy is paying you a fair amount. You might also want to gather evidence of upgrades and improvements made to your vehicle, namely receipts.
If you do not want to accept the insurance company’s offer, or do not have insurance at all, sell your vehicle to a local Indianapolis junk car buyer for cash on the spot. Even if you do not have a title, it still may be possible with the right Cash for Cars Company!
Indianapolis Cash for Junk Cars
Call GC’s Junk Cars at 317-608-2188 to sell your totaled car for cash in Indianapolis. We offer free towing with our in-house tow truck, so all you have to do is call and accept our offer! We will schedule a time to pick up your vehicle and pay you cash. Call 317-608-2188 to request a free estimate, today.