How do I know if my car is totaled?
If you've been involved in an accident, one of the first things you might ponder is, "Is my car totaled?" It's a stressful situation, and dealing with Insurance can feel overwhelming. At Buddy Isles Collision, we're here to help you through the Auto Body Process and make sure you understand your options!
What does it mean when a car is totaled?
A vehicle is considered "totaled" when the cost to fix it is more than its actual value. Insurance Companies use a formula to decide if your car is a total loss. If repairs cost too much compared to what your car is worth, they may declare it totaled.
Signs your vehicle may be totaled:
Severe Frame or Structural Damage - If the Frame is bent beyond repair, it may not be safe to drive, even if fixed.
Airbag Deployment - When airbags go off, the cost to replace them and repair the car can be very high.
Extensive Body Damage - If multiple panels are damaged it might be too expensive to repair.
Water Damage - Water can destroy electrical Systems and make a car unsafe.
What happens if your car is totaled?
If your car is declared a total loss, the Insurance company will offer a payout based on your car's value. You can accept the payment and buy a new car, or in some cases, buy back your totaled car if you wish to fixe it yourself. If you still owe money on your car loan, the payout will go to your lender first!
We're here to guide you through the process!
We know dealing with Insurance Claims can be confusing. We'll work with you and your Insurance Provider to determine the best course of action. If your car can be repaired safely, we'll get it back on the road. If it's totaled, we'll help you navigate the next steps!
Need help after an accident? Call us!
We're your trusted Auto Body Repair Shop in Littleton, NC, and we're here to make the process easy! whether you car needs minor repairs or you're unsure if it may be totaled, let us take a look!
