So, yesterday I got the call from my insurance company confirming what I kinda already knew—my car's officially totaled after a recent accident. Thankfully, no one was hurt, but now I'm dealing with the whole financial headache part. I assumed (maybe naively?) that since it's a total loss and they're paying me out for the vehicle, I wouldn't have to worry about the deductible. But nope, turns out they're deducting it right from the payout amount. Ugh.
Feels like I'm getting penalized twice here—first losing my car, then losing money out of the settlement. I mean, I get that's how deductibles usually work, but still feels a bit unfair in this situation, you know? Has anyone else dealt with this before? Curious if this is standard across all insurers or if some handle it differently...
"Feels like I'm getting penalized twice here—first losing my car, then losing money out of the settlement."
Yeah, I totally get that frustration. Had a similar thing happen when my Audi got rear-ended last year. Insurance deducted the amount right off the payout too... guess it's pretty standard. Did they at least give you a fair valuation?
"Did they at least give you a fair valuation?"
Fair valuation? Ha, that's a good one... when my Civic got totaled, I swear they valued it like it was held together with duct tape and hope. Had to dig up a bunch of listings from local dealerships and private sellers to prove it was worth more. Did you try pushing back or showing them comparable cars in your area? Sometimes that helps nudge the number up a bit.
