Auto Claim Rights

[Lochlann]

My son was in a wreck and other person was at fault.Accident was in Independence,mo. - AIG is insurance company the claim is against. Do we have to accept what they offer to pay ? How can we get them to pay closer to replacement cost?

[Benedictson]

Dear Gary,

1.  First, you must do your homework and document the replacement cost, which can usually be done easily on the Internet using Kelley Blue Book(http://www.kbb.com/) AND

National Automobile Dealers Association(http://www2.nadaguides.com/).  Also, find and print out classified ads in your geographical area showing similar cars/mileage/condition and what they are selling for via private party and dealer;

2.  Negotiate with the insurance carrier based on your research;

3.  If they say know, tell them you are hiring an attorney to represent your best interests!

Was anyone injured?  You probably should consult with an attorney no matter what you decide!

Hope this helps.