Working with your insurance and auto repair technicians to recover damages

You bought car insurance so that you would not be financially devastated by a car crash. However, now the auto insurance company is only willing to give you a fraction of what your damaged car is worth.

Understand Why the Insurer Is Undervaluing Your Vehicle

The insurance company wants to pay you as little as possible. Whether it is the value of your car, medical expenses, or other accident losses, the insurer wants to find that magical settlement amount where you will accept a settlement without going to trial but where the insurer also gets to keep as much money as possible. That’s how the insurance company maximizes its profits.

In furtherance of this goal, the insurer will likely undervalue your vehicle damage and offer you less than you deserve.

Here’s What You Can Do to Get Fair Compensation

You can’t count on the insurance company to value your vehicle fairly, but you can get fair compensation for your vehicle by:

  • Proving that your car is worth more than the insurance company’s offer. The insurance company won’t tell you exactly how it came up with actual cash value for your car. However, you can present evidence about the sale price of other cars of your make, model, mileage, and condition in your area.
  • Not agreeing to anything until you are certain. Once you agree to a settlement, you won’t be able to recover additional compensation for your vehicle or any other losses.
  • Hiring an attorney to represent you. The value of your car may not be the only thing the insurer is undervaluing. An experienced lawyer can identify a fair settlement amount and fight to get you the recovery you deserve.

Begin protecting your rights today by contacting our experienced Wisconsin, Iowa, and Illinois car accident lawyers for a free, no-obligation consultation. We will fight hard to get you fair market value for your vehicle and fair compensation for all of your other accident damages.


Jason F. Abraham
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Helping car accident and personal injury victims throughout Wisconsin, Illinois and Iowa since 1993.