How long after the insurance company tows the car will the damage assessment be conducted?
1 Answers
Generally, after receiving an accident report, the insurance company will arrange for an assessor to conduct an on-site damage assessment. However, there are cases where you may be required to drive the car to a repair shop for assessment, and some insurance companies may directly authorize the repair shop to perform the assessment on their behalf. More information about damage assessment is as follows: 1. Overview: When an insured vehicle is involved in a traffic accident, the first thing the insurance company does is to inspect the damage to the insured vehicle at the accident scene. Vehicle damage assessment is based on automotive construction principles, utilizing scientific, systematic, and professional inspection, testing, and surveying methods to conduct a comprehensive analysis of the collision and accident scene. By applying vehicle damage estimation data and repair information, a scientific and systematic estimation and pricing of the collision repair is performed. 2. Other Information: After the damage assessment, the repair costs must first be paid. The vehicle owner must pay the repair fees to the repair shop, and then the insurance company will transfer the compensation to the owner's account under the same name. The insurance company will transfer the money to the policyholder's account within three days. In the event of a major accident where the accident liability, insurance liability, and damage assessment amount are determined, and it is difficult to provide the compensation payment immediately, a prepayment application can be submitted. The insurance company will make an advance payment of no less than 50% of the assessed amount within 3 working days.
