Tesla Insurance and U-Haul Situation
So, a U-Haul caused a four-car accident and just drove off.
The police aren’t doing anything about it since it’s the Bay Area, and U-Haul is being unhelpful as well.
They estimated $15k in damages to be split among the four vehicles, but that process could take 6 to 8 months. My car, valued at $50k, is likely totaled—I’m about 90% sure. My collision deductible is $1,000 and comprehensive is $500. How much will that cover for my 2025 Model 3 AWD Quicksilver, which had only 100 miles on it at the time of the accident?
I have a Tesla appointment scheduled for 3/31, but the accident happened on 2/25. What should I do? Should I sue U-Haul? Will Tesla Insurance take action against them?
It’s frustrating because I anticipated this level of service and policy issues.
I’m really sorry to hear about your situation; that sounds incredibly frustrating and stressful. First off, let’s break down what you might be looking at in terms of insurance coverage.
Given that your Tesla is likely considered a total loss, your insurance will typically cover the actual cash value (ACV) of the vehicle, which would be based on its value at the time of the accident, minus your deductible. Since you mentioned that your car is worth around $50k, after you pay your $1,000 collision deductible, you would likely receive about $49,000.
The process might be slow, as you noted, but Tesla Insurance might pursue U-Haul for reimbursement, especially since they were responsible for the accident. As for suing U-Haul, that’s an option, but it can be complicated and lengthy. Consulting with a lawyer could be worthwhile if you think that route would help expedite your situation or provide better results.
In the meantime, make sure you have all your documentation in order, including the police report, photographs of the damage, and any statements from witnesses. Keep in touch with your insurance company and stay on top of the claims process.
It’s frustrating to deal with large companies that are difficult to hold accountable, but advocating for yourself and keeping detailed records can help. Good luck, and I hope you get resolution soon!