Is it the law that an at-fault insurance settlement should restore the victim or their vehicle to the state they or their vehicle was in prior to the accident /
Question Details: I was recently rear-ended causing damage to my vehicle that was estimated at about $3000, including car rental during the repair process. The at fault driver's insurance company wants to total the vehicle at about $1700 and offer to sell it back to me with a slavage title. The vehicle is still safe to drive and after rebuilding the engine 2 years ago at $3500, plus other work I have done to the vehicle, I really do not wish to give it up but feel that am being shortchanged with this offer. Even if they re-offer at a reasonable dollar amount I do not wish to consider the vehicle totaled.
No, there is no law that states that an at-fault insurance settlement must restore the victim to pre-accident status. An insurance settlement is just that -- it is an agreed-to amount to settle a case out of court and not need to have a lawsuit decide the size of the claim. If you do not wish to consider your car totalled, if this is a deal breaker for you, then sue the at-fault driver and fight it out in court. You can sue for up to $10,000 in justice court in Maricopa County.
