Question: In NY, am i responsble for the salvage fee of my wrecked vehicle if i don’t want to keep the car?

crane

FAQ:

In NY, am i responsble for the salvage fee of my wrecked vehicle if i don’t want to keep the car?

I was rear ended by a commercial van and thrust on top of a crane. At the time of the accident my vehicle and teh vehicle in front of me were not in motion. Unfortunatley I did nt have Full coverage/gap insurance.

Answer by BFH
It seems that the insurance of the vehicle that hit you should pay for your damages.

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4 Responses to Question: In NY, am i responsble for the salvage fee of my wrecked vehicle if i don’t want to keep the car?

  1. oklatom says:

    If you want to keep it, you pay the salvage value and keep it. If you don’t want to keep it, you accept the check from the insurance company for the fair market value, adjusted for condition, of your vehicle at the time of loss, and they take it far far away.

    Note that is fair market value, not pay off, not replacement value.

  2. mycoldfeet says:

    call the other guys insurance and express your concerns, they are responsible for fees and normally move the vehicle to a yard they own or use, hopefully you fell out of your car holding your neck lol, don’t fret you’ll get paid for your car, and if I were you I would tell the other guys insurance you need a rental car. Get a littled pissed off it wasn’t your fault and you are the one that’s the victom, and even if you don’t have full coverage get with your insurance Co. they will help you through this.

  3. Lawnboy says:

    If you have not already done so, contact the at fault drivers insurance company immediately. Your vehicle is incurring storage charges if it is sitting in a tow yard. They may not cover you for all of the charges. The insurance company will determine if your vehicle is a total loss. If so, they will offer you the Actual Cash Value of the vehicle, not the replacement cost. If you do not want to keep the vehicle, they will not deduct the salvage from the settlement, and they should include sales tax. If you keep the vehicle, they will deduct the salvage from the ACV.

  4. mrratesjay says:

    all of the above answers are right, I would just add one thing. The value of your vehicle is negotiable! You definitely have to haggle with the adjuster the achieve the best results! Good luck!

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