Owners of totaled vehicles are entitled to 2nd opinion appraisal for more money
Getting second medical views is something we frequently hear about, but what about for auto insurance?
FOX 2-There is a cost associated with auto accidents, even if you escape unscathed. Not to mention the length of time it takes to replace or repair the vehicle.
Since that’s what you pay for, it can be simple to let your insurance handle things from there. Getting a second opinion might be beneficial for you.
Approximately one in seven auto accidents in Michigan cause the motorist to suffer a complete loss. This indicates that roughly 75% of the car’s worth will be spent on repairs.
However, you want more than seventy-five percent of the value, and there are businesses that can ensure you receive the full amount that is due to you.
“No one tells you about this, your agents don’t typically tell you, your adjusters don’t,” stated Kenny Walters. “The policy has it buried deep. You won’t be aware if you don’t read it.
Anyone who has totaled an automobile may or may not be aware of this little-known fact. Most of us assume that insurance would pay out a check for the car’s value if we were the unfortunate owner of a totaled vehicle.
“Most people just look at the offer and say okay, and take the money, move on and never think twice about anything,” Walters stated.
Walters, who has earned a life on demonstrating his ability to increase his clients’ income, believes it might not be the wisest course of action.
“Very few people know that they have rights within their insurance policy called their right to an appraisal,” he stated. “You can contest the offer made to you by the insurance provider if you are aware of it.
Additionally, you are somewhat stranded if you are unaware of it. And that’s where our assistance comes in.
Walters has spent his entire life around automobiles. He has spent the last 40 years working in the field and owning a repair shop.
He witnessed a good number of drivers arrive with vehicles that were beyond repair during that period.
From mycarstotaled.com, Kenny Walters
“They had to tell people their cars are totaled and they had to work with insurance companies and they didn’t have anyone on their side to help them,” he stated.
Walters continues to work with automobiles; he evaluates the same collisions as your insurance provider, but he keeps you in mind.
“We will get you the money you deserve and there is no risk,” he stated.
He claims there is no danger since, like a lawyer, he only gets paid if you do.
“We’re going to investigate their vehicle and determine whether it has a low worth. And that is 99 percent of the time,” Walter stated. “We charge a flat price so you know ahead of time—no commission—and you know what it is. We don’t charge you until we reach a settlement. You are unable to lose.
And for that reason, he explains, this choice is frequently kept silent.
FOX 2: “Why would you be informed of this by the insurance company? You want to receive the best deal as a client, yet it is in the vested interest to keep this a secret.
“Correct, and it is your right,” responded Walters. “You are paying premiums for this protection, and hopefully you never have to use it.”
He claims that we are discussing actual money here, not just spare change.
“Our average of making over 900 settlements is over $5,000,” he stated. “The lowest we got someone is about $1,300, and I just finished one where I got them $85,000 more than the offer.”
He still promises you will receive more than the initial offer if the insurance company doesn’t like his number, or you don’t have to pay him anything.
“The insurance company will hire someone just like me to work for them and then the appraisers will work together to find a fair market value on the car,” Walters explained.
According to Walters, the process takes roughly two weeks. In many cases, he will only need the report and photos of the totaled vehicle to complete his task.
He can be found at
From mycarstotaled.com, Kenny Walters