Detailed explanation of the calculation method of the impairment fee of the fully responsible party for automobile accidents.
When a car is involved in an accident due to the full responsibility of the other party, the owner of the damaged car can usually claim damages from the other party in addition to the regular repair costs. Impairment fee is the cost of reducing the value of the vehicle due to an accident, so let's take a closer look at how to calculate the impairment fee.
1. Understand the basic concept of impairment fee.
Impairment fees, also known as depreciation losses, refer to the cost of a decrease in the value of a vehicle due to an accident. After an accident, even if the vehicle is repaired and restored to its original condition, its market value is often affected by the accident record, resulting in a decrease in value.
2. Determine the method of calculating the impairment fee.
Market Comparison Method: Impairment fees are determined by comparing the market** of similar vehicles before and after the accident. This requires the collection of a large amount of market data, including information such as the model, year, mileage, and condition of similar vehicles, as well as the selling price of these vehicles before and after the accident. By comparing these data, it is possible to determine the extent to which the value of the accident vehicle has decreased.
Expert Appraisal Method: Ask a professional car appraiser to evaluate the accident vehicle to determine the extent of its value decline. The appraiser will consider factors such as the make, model, year, mileage, condition and market of the vehicle to give a more accurate amount of depreciation.
3. Collect necessary evidence and information.
When calculating the impairment fee, the following evidence and information need to be gathered:
Accident report: An accident report issued by ** or an insurance company that proves the full responsibility of the other party.
Maintenance Record: A maintenance record issued by a repair shop that certifies the maintenance of the vehicle and the cost.
Vehicle information: includes the model, year, mileage, condition and other information of the vehicle, which is used to determine the market value of the vehicle.
Market data: Collect market** data on similar vehicles before and after an accident for comparison and calculation of impairment fees.
4. Make calculations and make claims.
Once the necessary evidence and information have been gathered, the calculation of the impairment fee can begin. Use market comparison or expert valuation to determine the amount of the impairment fee and produce a detailed calculation process and results. Then, the calculation results and relevant evidence are submitted to the insurance company or the opposing car owner for a claim.
5. Precautions.
When calculating and claiming the impairment fee, you need to pay attention to the following:
Preserve evidence: Ensure that all accident and repair-related evidence is properly preserved for use in calculations and claims.
Reasonable claims: The amount of the claim should be reasonable and in line with the actual situation, so as to avoid disputes caused by being too high or too low.
Follow legal process: Follow legal process during the claim process and consult a professional lawyer if necessary.
Timely communication: Maintain timely communication with the insurance company or the other car owner, and negotiate and resolve the claim.
Summary: When the car is involved in an accident because of the full responsibility of the other party, the owner of the damaged car can claim the loss fee from the other party. By understanding the basic concept of impairment fees, determining the calculation method, collecting necessary evidence and information, and making calculations and making claims, the damaged vehicle owners can calculate the impairment fees more accurately and obtain corresponding compensation. Throughout the process, attention needs to be paid to matters such as retaining evidence, making reasonable claims, following legal procedures, and communicating in a timely manner to ensure that rights and interests are fully protected.