Say you have a newer car and are involved in an accident that is not your fault. When it comes time for the insurance company to reimburse you for the repairs that your automobile needs to bring it back to its old functioning self, the insurance company will either solicit bids from mechanics or ask you to get bids and will cut you a check accordingly. You can then take your car in to get fixed at whichever mechanic you choose with the money they provided you and you are all set. Everything is back to the way it was before you were involved in the accident, right?
Not necessarily. Why? Because the resale value of your car has gone down significantly now that it has been involved in a serious auto accident. With the prevalence of online title history searches, used car buyers are able to find out whether the car they are about to buy has ever been in a serious accident. Used car buyers are weary of those cars that have been in an accident for several reasons:
- There may be structural damage to the frame of the car that was not repaired after the accident;
- The replacement parts may not be of the same quality as the original equipment;
- The repairs themselves may not have been made by a license and certified auto mechanic who specializes in that particular make and model of vehicle.
- Used car buyers may not want to take any chance that the car is not reliable.
Maryland Car Accident Attorney Blog


