Confused by collision insurance coverage? Well, you’ve come to the right place! Not only do we have a previous blog post dedicated to collision repair insurance claims and and what exactly you need to do when you’ve been in a collision (how to go about making your claim, contacting the insurance agency, communicating with the repair shop, etc.), but today we’re going a bit deeper, exploring the myths of collision insurance. So fasten your seat belts and get ready—it’s going to be a bumpy ride!
Collision Insurance Coverage Myths
- You must take your car to the repair shop chosen by your insurance company. Your insurance company will likely recommend a repair shop (possibly one in their network) and may even insist or say that they require that you take your car there. This a lie. The choice of repair shop belongs to you and in fact, you might want to be weary of shops that belong to a network. Because they’re collaborating with insurance companies and lowering prices, they may not give your car repair the attention it deserves.
- You must get multiple estimates. With collision insurance coverage, you only need to get one estimate or appraisal by law.
- If the repair shop and insurance company don’t agree on a price (and the insurance estimate is lower than the cost of repairs), you have to pay the difference. The insurance company and auto body shop should be negotiating in good faith to arrive at a fair price. The repair technician should be advocating for you by providing the insurer with evidence to prove the extent of the damage. Collision insurance coverage should, as you might expect, cover the cost of the damage. You should not have to pay anything but the deductible.
- The repair shop with the lowest bid is the one you must use. As we stated before, the choice of repair shop is entirely up to you. Although your insurance agency may recommend that you go to the shop with the lowest estimate, you do not have to do this and it is generally in your best interest not to use a very low bidder. If you’re working with knowledgeable, trustworthy mechanics, they will give you a fair price in exchange for great quality.
- After the insurance company writes the check, you are responsible for all additional costs. As I said before, collision insurance coverage should take care of all of the costs of the repair (omitting the deductible). The estimate was not the final price; it was an estimate. If any additional damage is found, the repair shop will report the additional damage to the insurance company, who will supply another check. You are not responsible.
- You car’s value will decrease due to the accident and repairs. When repairing a vehicle, mechanics know that value retention is tremendously important. If you use a trustworthy and talented mechanic, the car should retain the value it had prior to the accident. This is why it is so important that you choose your repair shop well: don’t necessarily follow the insurance company’s recommendation and don’t choose the low-baller.
By learning the truth behind these collision insurance coverage myths, you can make educated decisions after a car crash and ensure your car’s health and value.
If you need help after a car collision and you’re in Springfield, MO, give Dings ‘n Things a call at 417-886-0151. With our A+ rating from the Better Business Bureau, you can trust that you’ve found a reputable company dedicated to leaving customers happy and cars in tip-top shape.