After an auto accident, depending on the severity of the accident, your car is bound to need a few repairs. While your safety is paramount, you're undoubtedly worried about your vehicle afterward as well. With serious accidents, you're faced with deciding whether scrapping or repairing the vehicle is in your best interest. In this article, we'll review everything you need to know to make the best decision.

Auto Insurance Company

After an accident, it's imperative to report the accident to your insurance company. The claims experts can tell you whether you'll be reimbursed for damages and help navigate dealing with other companies, if possible. Sometimes, an insurance company will total out the car, meaning that the repairs exceed the car's worth, so you'll get the money the car is worth. Listen to the auto insurance company and scrap the vehicle before enjoying your new ride!

Repair Cost

Sometimes, an insurance company will cover the repair cost. According to Forbes, the typical car insurance expenditure in 2023 was approximately $4711. However, if your insurance doesn't cover damages or you have an incredibly high deductible, sometimes it isn't worth it when you own an especially old car. When repairs exceed the cost of replacing the car or buying a new one, it's best to scrap the car.

Safety Issues

Safety issues must always be considered when making this decision. Every car has crumple points. These are points on the vehicle that buckle during a collision. If these points have already buckled, you are more likely to experience a serious injury in future car accidents. That's because they cannot crumple to keep the crash away from you. For your own safety, you might be better off investing in a new car. Have a professional mechanic examine the car and give you an opinion when deciding.

Future Plans

You should also consider your plans for the vehicle. If you want to sell the car, repairing the vehicle can help it maintain its resale value. This is especially important for high-value cars, such as classic cars. However, in our experience, cars with damages exceeding 75% of the car's worth often wind up with a salvage title. You're not allowed to drive a car with a salvage title. You have to repair the car, have it inspected, and then get a rebuilt title. Not only is it a hassle, but the salvage and rebuilt titles also make it incredibly difficult to sell your vehicle.

A car accident is a stressful situation, no matter how you look at it. However, trusting in your auto insurance company ensures that you have someone in your corner, making sure you're taken care of. If you're in the market for new insurance, know that our team at the T.R. Williams Insurance Agency is ready and willing to take care of you and your vehicle!