After a car accident, there are numerous questions. Which formalities have to be completed? What to do with the broken car? Who pays the damage? Which is really important now
First, secure the scene of the accident, take photos as evidence, and look for witnesses. In which cases the police must be called.
50/50 fault car accident: Which insurance company should you contact after the accident?
You should call the other party involved in the accident. If the other party is 100 percent liable, his insurance will provide full compensation. If you think you are at least partially to blame, or the other side is making a claim, you must inform your own vehicle insurance company. Then both insurance companies examine the facts, taking into account the information provided by those involved and by witnesses.
At the end of the day, it’s all about who pays what share of the damage. The claims are regulated according to this liability quota. An example, two cars collide while maneuvering in a parking lot. Hard to clarify which of you is more to blame. Here, insurance companies often assume a 50:50 split. This means that everyone gets half of the damage and other services such as rental cars. You have to pay the other 50 percent yourself after the 50/50 fault car accident.
Unless you have fully comprehensive insurance, the jumps in for the repairs to your car if the other party’s insurance pays only partially or not at all. However, you risk a worsening of the no-claims bonus. Tip: You can often get back part of the money for this downgrade and the deductible from the opposing motor vehicle liability insurance company via the “quota priority”. You should consult a lawyer for this.
50/50 fault car accident: Do you need to have your accident damage repaired?
You have the choice. You may either have your car repaired for a fee after the accident, or the dent on the fender and the paint scratches don’t bother you. This means you forego repairs or dent the wing yourself. Then you can bill “notional”. This means that you have the insurance company pay you the net costs determined by the workshop or the appraiser. In the event of a total loss, the difference between the replacement value and the residual value will be reimbursed.