If within 30 days of the cash settlement you are unable to find a replacement vehicle similar to yours, for the price determined by your insurer, your auto insurance policy may still give you additional rights. If you’ve found a vehicle that costs more than the settlement, you may opt for one of the following:
- Your insurer may pay you the difference between the original settlement and the substantially similar vehicle you’ve found or try to purchase the vehicle for you;
- Your insurer may try to find a comparable vehicle for the market value of original settlement; or,
- Your insurer may invoke the Appraisal Clause of your policy.
Your auto insurance carrier must provide you a written notice of the procedure once your vehicle is deemed as a total loss. A chart provided by the Illinois Department of Insurance, under the Total Loss Auto Claims with Your Insurance Company, Rights of Recourse should help you determine the average cost of an auto. The value may depend if parts are not listed in the guidebook or due to old, unrepaired damage or excessive wear and tear.
We see you as a person, not just a client – and that makes us better at what we do. We listen. We learn your story. And, as we help you get the money you deserve, we go above and beyond in a way most law firms never could and never would. Because we’re not just lawyers. And you’re not just a client. We’re friends, neighbors, family. We’re all people and here at America’s Consumer Lawyer, we put people first.
A lot of personal injury lawyers raise their contingency fee throughout the process, charging 1/3 if the case is settled pre-suit, charging 40% if the case is filed after a lawsuit is filed, and charging 50% if the case goes to trial. We don’t. At America’s Consumer Lawyer, our personal injury contingency fee is always 1/3 and that’s not changing. We will handle your property damage claim FOR FREE. We will never change our contingency fee throughout the process. You will not owe us a penny unless you get money. Our unique formula has earned us over 1,000 outstanding client reviews on our website, an A+ BBB rating, and over 145 five-star reviews on Google. Call 888-572-0176, e-mail us at michael@agrusslawfirm.com or schedule a meeting with us here. We’re here 24/7.
