Total loss: instructions for use

A vehicle is a "total loss" when the cost of repair would exceed the value of the vehicle. Here are the steps to follow when you find yourself in such a situation.

Contact your claims adjuster

Talk to your claims adjuster first. He will then contact you to inform you of the next steps. Then find all the required documents. You will be asked for a copy of your registration documents, your sales or rental agreement, or invoices for repair work.

 

Evaluate the value of your vehicle

Determine the value of your vehicle. As soon as he receives the requested documents, your claims adjuster can tell you the market value of your vehicle.

 

Total loss

When you have been confirmed that your vehicle is a total loss, empty it of all your personal effects. Then give your consent. It is required to transport your vehicle to one of our recycling workshops, in order to reduce costs, pending the settlement of your file. It is only then that your insurer becomes the owner of the vehicle.

 

 

The information on this web page is provided to you for informational purposes only. belairdirect makes no representations or warranties that use of this information will prevent you from harm. Your insurance contract prevails at all times; please consult it for a complete description of the protections and exclusions.

Post a Comment

أحدث أقدم