Is the insurance claim amount exactly the same as the assessed damage amount?

[DelMorgan]

Auto insurance does not necessarily pay exactly the assessed damage amount. If the actual incurred costs (such as vehicle repair fees, victim medical expenses, and property losses) are higher than or equal to the assessed amount, the claim will be settled based on the assessed amount, meaning you get what was assessed. However, if the actual costs are lower than the assessed amount, the claim will be settled based on the actual incurred costs. More details about vehicle damage assessment insurance are as follows: 1. Introduction 1: Vehicle damage assessment involves a scientific and systematic professional inspection, testing, and investigation to comprehensively analyze the collision and accident scene, followed by a scientific and systematic estimation of the repair costs. 2. Introduction 2: The actual vehicle repair costs and the victim's actual medical expenses may differ from the "estimated damage assessment." They might match exactly, but in most cases, the actual incurred costs will be higher or lower than the assessed amount.