What does insurance vehicle damage assessment mean?
1 Answers
Normally, vehicle damage assessment refers to the process where insurance company assessors visit the accident scene, take photos of the incident, identify the damaged parts of the vehicle, determine which parts need to be replaced or repaired, and finally calculate the total loss amount. In essence, it is the confirmation of the monetary loss caused by the accident. Below is relevant information: 1. The most important aspect is that this process only takes effect with the mutual agreement of both parties involved in the accident. There are two other methods for vehicle damage assessment: one is to consult a professional unit with certified assessment qualifications, using the actual loss price determined by them; the other is to base it on the loss price legally adjudicated by the People's Court. 2. Vehicle damage assessment is based on automotive construction principles, employing scientific and systematic professional inspection, testing, and surveying methods to conduct a comprehensive analysis of the collision and accident scene. It uses vehicle damage assessment data and repair records to scientifically and systematically estimate the cost of collision repairs. 3. The damage assessment price provided by the insurance company represents the total loss of the vehicle, but the final compensation amount depends on the driver's liability in the accident and the types of insurance coverage the vehicle has. If you hire an independent assessment company to re-assess the damage, it will incur additional costs. 4. Generally, the damage assessment by insurance companies needs to be completed at designated repair shops. However, the final decision on which repair shop to use for repairs is up to the vehicle owner.
