• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
firms logo
Yo hablo español Serving Chicagoland Located in Elgin, IL(630) 250-8813
  • Home
  • Areas We Can Help
    • Personal Injury help in Elgin
      • Car Accident Cases in Illinois
      • Pedestrian Accidents
      • Bicycle Accidents
      • Slip & Fall/Premises Liability
      • Food Poisoning
      • Motorcycle Accidents
      • Wrongful Death
      • Uber & Lyft Accidents
      • Dog Bites & Animal Attacks
      • Trucking Accidents
    • Lawyer Referrals
  • Meet The Attorney
  • Client Reviews
  • FAQs
  • Free Offers
  • Blog
  • Locations
    • Elgin, IL Office
    • Schaumburg, IL Office
  • English
    • Español

What It Means When Your Car is Totaled in Illinois

What does it mean if your vehicle has been totaled in IL?

Serious car accidents often result in having your car totaled. This is insurance speak for a total loss on a vehicle. Totaling out a car is the result of a mathematical formula. It is used to decide that your car is no longer worth repairing because it would cost more to fix than what it is worth. The formula is typically based on a percentage of the car’s total value. Sometimes a vehicle is declared a total loss when it is simply beyond repair. Payment is made to the owner of the car, and the insurance company will often then sell the car for scrap. 

Whose insurance company pays for my loss? 

Who pays for property damage to a vehicle, including a total loss, normally depends on who was at fault for the accident. 

If the car accident was not your fault and the other driver’s insurance company is taking responsibility, they will be the ones paying out your total loss. 

If the car accident was your fault and you are dealing with your own insurance company, the collision coverage portion of your auto insurance policy will be used. Remember, you likely have a deductible on your policy which must be subtracted before you are paid a settlement for your totaled car. 

There is often a disagreement between insurance companies as to who was at fault for the accident. Your own insurance company may pay you for your car and then turn around to sue the other driver. They will be attempting to prove in court that they, your insurance company, should be reimbursed for the claim. This is called a subrogation action and is quite common in Illinois. 

Who decides if my car is a total loss? 

Insurance companies, not the car’s owner, will decide whether or not a car is totaled. This is determined by looking at the fair market value of your car. You have the right to know how the insurance company came up with their figure. This figure will not always match what is listed in a Kelly Blue Book, but using a resource like KBB is often a good place to start. The more details used which are specific to your car, the more accurate the estimate is going to be. For example, looking at the year, make, and model of your car isn’t enough. Mileage and the condition of the car before the accident also needs to be considered. There may be characteristics unique to your car that you can use to challenge the amount that the insurance company came up with. For example, a custom paint job or other “extras” that you added on to your car will increase the value. The insurance company isn’t going to ask you about things like brand new tires, so it’s up to you to speak up. Insurance companies always seek to protect their own bottom line to the greatest extent possible, which means that you should look into the value of your car in the Chicago area (or your specific locality). If you think that your car is worth more than what you are being offered, make a counteroffer to the insurance company and be prepared to back up your reasoning. 

Do I need a Lawyer to deal with a Total Loss in Chicago?

Many Chicago area accident victims decide to deal with the property damage portion of their case on their own, without a lawyer. As long as you do not discuss your injuries with the other party’s insurance company during the course of your property damage claim, this approach often makes sense and can be used when the other insurance company has taken full responsibility for how the accident happened. At O’Connor Cadiz Accident and Injury Law, we often take the position that it is not financially worth it for you, the car’s owner, to hire us to negotiate property damage. After legal fees, you may end up with even less than if you had handled it on your own. While we do not handle property damage, there are other law firms who do, should you want the help. Or, you could handle your own property damage. 

Be cautious in discussing specifics on how the accident happened. If the other party’s insurance is taking responsibility, you may not need to go into it too much. The danger here is that your words could be misconstrued or twisted against you, especially if you haven’t really processed yet how everything happened. 

What if I was hurt in a total loss accident that wasn’t my fault? 

If your car was totaled in an accident, not only are you without a car, but you are likely also facing serious injuries to your body. It’s hard to know where to even begin in sorting out the mess with the insurance companies, but be aware that dealing with your property damage is a somewhat separate issue from dealing with your injury. 

Property damage claims are usually wrapped up relatively quickly in comparison to the injury portion of your claim. This is because damage claims to your car are much more straightforward. Also, injury claims after a car accident will take longer because settlement discussions often should not even begin until a person has completed their course of medical treatment (with some exceptions, due to legal time limits known as the statute of limitations).

Unless your injuries were minor, which is often not the case if your car was totaled, it is a very good idea to talk to an attorney early in the process. An experienced personal injury lawyer will ask you many questions about how the accident happened. The attorney will need to gain a clear understanding of how the events unfolded, in order to help you evaluate the strength of your case against the other driver. In the case of catastrophic injuries or death, it is often worthwhile to have your attorney hire an accident reconstruction engineer or to retrieve electronic data from the car, before your car is lost to the insurance company and sold off for scrap. 

Keep all records, including police reports and photographs, as related to your car. This information will be useful in your personal injury case against the other driver. Personal injury claims are much more complicated than property damage claims. Unlike when dealing with a totaled car, it is almost never advisable to discuss what happened with the other insurance company at the outset. Details as to how the accident happened, as well as your injuries, should first be discussed with an attorney so that you can have a clear understanding of exactly what you may be up against. 

If you were hurt in an accident, whether your car was totaled or not, and would like to discuss it with a Chicago area lawyer, feel free to give us a call to set up a phone call, or fill out our contact form below. We are located in both Schaumburg (Cook County) and in Elgin (Kane County), Illinois. 

Primary Sidebar

Practice Areas

  • Personal Injury help in Elgin
    • Car Accident Cases in Illinois
    • Pedestrian Accidents
    • Bicycle Accidents
    • Slip & Fall/Premises Liability
    • Wrongful Death
    • Food Poisoning
    • Dog Bites and Animal Attacks
    • Motorcycle Accidents
    • Truck Accidents

NEWSLETTER SIGNUP

Get Help Now

    I understand that the above is not a request
    for legal advice, nor does filling out the form constitute an attorney client
    relationship with O'Connor Cadiz Accident and Injury Law. Merely filling out the form and/or
    receiving a reply does not mean that you are hiring me or that I agree to be your
    lawyer. Time Sensitive Information should not be sent.


    By checking this box, you agree to receive SMS text messages from O’Connor Cadiz Accident and Injury law. Reply STOP to opt out at any time. Reply HELP for Customer Care Contact Information. Messages and data rates may apply. Message frequency will vary. Privacy: We respect your privacy and will handle your information in accordance with our Privacy Policy. For more details, please review our full Privacy Policy

    For any questions or concerns about our SMS program, please contact us at O’Connor Cadiz Accident and Injury Law

     

    Footer

    Contact Us

    Elgin Office
    217 N. McLean Blvd. Unit 2C
    Elgin, IL 60123
    Tel: (630) 250-8813
    Driving Directions

    Schaumburg Office
    105 S. Roselle Rd. Suite 207
    Schaumburg, IL 60193
    Tel:847 631-6125
    Driving Directions

     

    Useful Links

    NEWSLETTER SIGNUP

    Cases We Handle

    • Personal Injury help in Elgin
      • Car Accident Cases in Illinois
      • Pedestrian Accidents
      • Bicycle Accidents
      • Slip & Fall/Premises Liability
      • Wrongful Death
      • Food Poisoning
      • Dog Bites and Animal Attacks
      • Motorcycle Accidents
      • Truck Accidents
    All legal information provided is general and should not be relied on as legal advice, which may be given only after full consideration of all relevant information about the site visitor’s individual situation. Further, a lawyer-client relationship is not created through this website nor should a visitor to this website expect those privileges that arise through an attorney-client relationship including but not limited to confidentiality or advice. Nor should exist, the expectation that the website visit will prevent the law firm or lawyer from representing an adverse party. | Copyright © 2024 | All rights reserved | Disclaimer | Sitemap | Privacy Policy