Legal

Vehicle depreciation after an accident

How Vehicle Depreciation After an Accident Affects Your Auto Loan

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Beyond repair costs and insurance claims, one of the most overlooked financial consequences of an accident is accelerated depreciation, which can create a dangerous imbalance between your vehicle’s current market value and the amount remaining on your auto loan.

What Happens If the Other Driver in a Car Accident Has No Insurance

What Happens in a Car Accident If the Other Driver Has No Insurance

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The fundamental rule of a crash is that the at-fault driver is responsible for your losses. When that driver is uninsured, the chain of payment breaks.