Do you pay for your Liverpool Accident repair or claim on your insurance policy?
As a driver, you're always at risk of being involved in an accident. And while accidents are never fun, they can be especially stressful. When you get into a car accident, there are a few things you have to think about. Do you have car insurance? How bad is the car body accident damage? What car body repairs will be needed? How much is your car worth? All of these questions are important because they will help you decide whether or not it's worth it to pay for an accident repair or to claim on your insurance policy. In this blog post, we will discuss Is it wise to pay for your Liverpool Accident Repair or claim on your Insurance Policy? Keep reading...
Let's assess the accident vs insurance claim:
If the accident is your fault, and you do not have car insurance, you will be fully responsible for any damage to your vehicle as well as any third-party property damage or personal injury. This could end up being very costly, so it's important to consider if you can afford to pay for accident repairs out of your own pocket.
If the accident is your fault
-and you have car insurance, your insurance company will likely cover the cost of car body repairs to your vehicle. However, you will be responsible for paying your deductible (excess), and your rates may go up at your next renewal.
If the accident is not your fault
-and you have car insurance, your insurance company will likely cover the cost of the car body repairs to your vehicle, and you will not be responsible for paying a deductible (excess).
In all cases, it's important to take your car to an accident repair centre to assess the damage to your vehicle and get a car body repair estimate before making a decision.
How bad is the accident damage?
If the accident damage is extensive, then it may not be worth it to pay for the car body repair out of your own pocket. The cost of repairs could be more than the value of your car, making your car a total loss. In this case, it would make more sense to file an insurance claim and let your insurance company handle the repairs.
What is the cost of repair?
You need to know this before you can make any decisions, so you need to go and get some quotations from different Accident repair Centres.
Is it worth paying directly or claiming on your insurance policy?
There are a few things you have to think about when you get into a car accident. Do you have car insurance? How much is your car worth? All of these questions can be stressful to think about, but they're important to consider because they will help you decide whether or not it's worth it to pay for an accident repair or to claim on your insurance policy.
What is the value of your car?
This figure is pivotal and will decide your next step:
Your car may be a write-off, so get the quotation from an accident repair centre and work out the value.
For example:
If your car's value is £5,000 and the cost of repair is £6,000 then your car will be a write-off as the cost of the car body repair will outweigh the car's value.
You need to know your excess:
For example, let's say you have a car that is worth £10,000 and you get into an accident that causes £2,000 worth of damage. If you have car insurance with a £500 excess, then you would have to pay £500 out of pocket to repair your car. However, if you don't have car insurance, then you would have to pay the entire £2,000 to repair your car.
What are the benefits of paying for the car body repair?
If you've been in a car accident, you may be wondering whether it's better to pay for accident repairs yourself or to claim on your insurance policy. There are a few things you need to take into account before making a decision, such as
the excess on your insurance policy and the value of your car.
How much will your premium increase following a claim?
This is an important question to consider when deciding whether or not to pay for the car body repairs or to claim on your insurance policy. The excess is the amount of money you would have to pay out of pocket to repair your car if you have car insurance.
Think about how much is your car worth. Even if the accident damage isn't too bad, it may not be worth it to pay for accident repair if your car isn't worth very much.
Is your car totaled?
What does this term mean? If the accident caused more than a certain amount of damage to your car, it may be considered a total loss by your insurance company. This means that your insurance company will pay you the value of your car and you will have to find a new one.
Making the right decision on where to go:
Deciding to pay for an accident repair or to claim on your insurance policy can be a difficult one. There are a lot of factors to consider, such as the excess on your insurance policy, the value of your car, and the cost of repairs. You'll also need to think about how much your insurance premium will increase if you make a claim.
Who can you call?
CPR Car Body Repairs 0151 909 3457
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If you are in need of any type of car body repairs in Liverpool, you are in the right place! Inside our Liverpool Body Shop you will find many Body Shop services, such as:
Alloy Wheel Refurbishment
Car Body Repairs
Dent Repair
Detailing & Paint Correction
Caravan and mobile home restoration
Pop along to see us:
60-61 Love Lane, Liverpool, L3 7DD
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See our other blog posts:
A Liverpool guide on how to repair stone chips on your car HERE
Why CPR Car Body Repairs is the Best Body Shop near me? HERE
All you need to know about Alloy Wheel Refurbishment in Liverpool HERE
Alloy Wheel Colour Change in Liverpool - Expert advice HERE
How do you keep car scratch damage repair costs low HERE