Did you recently suffer a total loss car accident? If you were not the cause of this accident, you deserve to receive a full settlement. You may have serious medical bills to pay. You may also have not been reimbursed properly for your car. If this was the case, call a Total Loss Car Accident Lawyer at Shamis & Gentile, P.A. today.
Total Loss Car Accident | Were You Properly Reimbursed?
Recent class action lawsuits allege that some auto insurers’ total loss payouts don’t always reflect the full replacement cost of a totaled vehicle.
Specifically, the suits claim that insurers are failing to reimburse policyholders for sales tax, title transfer fees, registration fees, and tag transfer fees in direct violation of their contracts.
The suits argue that these costs are unavoidable when buying or leasing a new car and therefore should be included in the payout for a totaled vehicle.
Depending on the totaled car’s age, make and model, these fees can add up to hundreds – or even thousands – of dollars. For instance, in the lawsuit against GEICO, the plaintiff alleges that she had to pay at least $75 to transfer her title, along with six percent of her replacement car’s value in sales tax. The total amount added up to approximately $1,500.
How a Class Action Lawsuit Can Help
A class action lawsuit could help drivers get back the difference between what they were paid and what they should have been paid for their totaled vehicle. A successful lawsuit could also require auto insurers to change the way they calculate total loss payouts and serve as a warning to other auto insurers currently engaged in this practice.
Total Loss Car Accident
More people are needed to come forward to help determine which, if any, auto insurance companies are currently undervaluing their policyholders’ total loss claims. GEICO and Ocean Harbor Casualty Insurance Company have already been sued over this alleged practice; however, a Total Loss Car Accident Lawyer at Shamis & Gentile, P.A. believe that the problem extends far beyond these two companies.
Contact a Total Loss Car Accident Lawyer at Shamis & Gentile, P.A.
If you received a total loss payout from your car insurance company, fill out the form on this page. A total loss car accident lawyer can help determine whether you’re owed more money for your totaled vehicle.
It doesn’t cost anything to get in touch with a total loss car accident lawyer and you’re never obligated to take legal action unless you want to.