Getting into a car accident is stressful enough, but dealing with the insurance company afterward can be a whole other headache. At Patrick Flynn’s Auto Body in Vista, California, we’ve seen firsthand how insurance companies sometimes try to minimize payouts. That’s why we’re sharing a crucial tip that could significantly increase your settlement: Don’t release your vehicle to the insurance company until you’re completely satisfied with their offer.
Wait to release your vehicle to the insurance company until you’re delighted with their offer.
Why This Strategy Works
Think of it as leverage. While your car is at our shop, the insurance company has a strong incentive to settle your claim quickly. Once they have your vehicle, that urgency diminishes, and you might find yourself stuck in a waiting game.
Know Your Rights
You have the right to receive the actual cash value of your vehicle before the accident, plus applicable taxes and unused registration fees. But how do you determine that value?
Here’s how to build a strong case:
- Do your research: Visit local dealerships within a 50-mile radius of Vista and find 3-5 comparable cars (similar make, model, year, mileage, and condition). Take screenshots and save links to online listings from dealerships, Facebook Marketplace, Craigslist, etc. Remember to adjust the price if the comparable vehicles are in worse condition or located farther away.
- Document everything: Keep records of any recent repairs or maintenance you’ve had done. This can help increase your car’s value.
- Get it in writing: Demand that the insurance company provides you with the printed “comps” (comparable listings) they used to value your car. It would be okay if they tried to low ball you with the cheapest options.
Don’t Fall for These Tactics
Insurance adjusters may pressure you with scare tactics about storage fees or total loss charges. Could you not believe them? These charges usually apply to tow yards, not reputable repair shops like Patrick Flynn’s Auto Body. They can’t legally impose these charges as long as you’re negotiating in good faith.
Patience Pays Off
Take your time reviewing the insurance company’s written offer. Compare it to your research, and don’t hesitate to negotiate. Customers who stand their ground often secure settlements 10-30% higher than the initial offer. We’ve even seen cases where settlements doubled!
Protect Yourself with Legal Counsel
Navigating insurance claims can be complex. We always recommend seeking legal advice to ensure you’re protected. While we’re happy to share our experience and knowledge gained from years of working with the California Department of Insurance and the California Bureau of Automotive Repair, having a legal professional in your corner is essential.
Patrick Flynn’s Auto Body: Your Partner in Getting a Fair Settlement
At Patrick Flynn’s Auto Body, we’re committed to helping you through the entire process, from vehicle repair to securing a fair settlement. Remember, holding onto your keys until you’re satisfied with the offer can make a significant difference in the outcome of your claim.
Need help navigating your auto insurance claim?
Don’t settle for less!
Call us today at (760) 758-5139 for expert advice on protecting your vehicle’s value and securing a fair settlement
