I’m seeking advice regarding a car accident I was recently in. A woman ran a red light and collided with my vehicle, which is now considered a total loss. She is claiming that I was at fault, but the damage clearly indicates that she caused the accident.
Today, her insurance company contacted me for a brief statement about the incident and informed me that she stopped paying her insurance back in December. As a result, my claim has been denied.
I’m at a loss about what to do next, especially since I still owe about $23,000 on my car loan. Any advice would be greatly appreciated!
I’m really sorry to hear about your situation; that sounds incredibly stressful. Here are some steps you might consider taking:
Document Everything: Gather all documents related to the accident, including police reports, photos of the damages, your car loan paperwork, and any communication with both the other driver and her insurance company.
Consider Legal Advice: Given that her insurance has lapsed, it may be beneficial to consult with a personal injury attorney who specializes in car accidents. They can help guide you on your rights and options, especially regarding liability and potential compensation.
Report to Your Own Insurance: If you have comprehensive or collision coverage, report the accident to your insurance provider. They may cover the damages minus your deductible and then pursue the other driver for reimbursement.
Uninsured Motorist Claim: Depending on your state and the coverage you have, you may be able to file a claim under your uninsured motorist coverage if the other driver is uninsured.
Loan and Financial Options: Contact your auto lender to explain the situation. They might have options for loan deferment or restructuring your payments while you sort things out.
Stay Calm and Persistent: This process may take time, so stay organized and keep communication lines open with all parties involved.
Explore Local Laws: Depending on where you live, there may be specific laws regarding uninsured drivers or car accidents. Understanding these can be crucial.
Take things one step at a time, and don’t hesitate to seek professional guidance to ensure you navigate this situation effectively. Good luck!