Where Will motor vehicle accident Be 1 Year From Now?

Depending on your financial situation, you may consider buying the cheapest motor car possible. Naturally you need to ensure that the vehicle will not break down in a month or two, and will have some sort of reliability attached to it.

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Some people may consider buying a code 3 motor vehicle. What is a code 3 motor vehicle? Well code 3 means that the car has either been previously involved in a collision, or has been stolen and recovered. Sometimes the collision may not have caused damage that would leave the vehicle immobile, yet it would still be considered a code 3 due to the fact that the insurance company has written the vehicle off. They will usually write a vehicle off if the cost of repairing it is not justified in the value of the vehicle. Private buyers or dealerships then purchase that written off vehicle and repair or rebuild it, and resell it as a code 3 vehicle. A stolen and recovered vehicle will also be deemed as being a code 3. This is because the insurance company will have written off the old vehicle and paid out for the claim, so when the vehicle is recovered, it is basically a ghost, or written off car. Another reason why stolen and recovered vehicles are called this code is because in some instances when the vehicle is recovered, the thieves have already changed the VIN number. The VIN number is a set of numbers on the engine that identify the car.

Naturally, code 3 vehicles will be very affordable to purchase, but they can have resulting problems. A lot of banks will not finance these vehicles. There are banks which do finance code 3 motor cars, but they are usually very hesitant or strict with their criteria. It is best to pay in cash if you injuries are going to be buying a code 3 vehicle. If you cannot afford to buy your vehicle in full cash, then you need to try and take out a personal loan with which to pay for your new vehicle.

One of the main concerns for code 3 vehicle owners is the insurance. In a lot of cases, insurance companies are extremely hesitant to insure code 3 vehicles. If you have a code 3 vehicle that you would like to insure, chances are you will have to look around very carefully to find a willing insurance company. Obtain as many quotes as you can from the willing insurance companies to see where you can obtain a good deal. You may have to look long and hard, or take out specialised insurance, as insurance companies do not favour code 3 vehicles at all.

However difficult it may be to find insurance for your code 3 vehicle, it is imperative that you insure it. You do not want to find yourself liable for the damages you have caused to another person's vehicle should you be involved in an accident, nor do you want to be out of pocket if you have a damaged car.

Here's some "Inside-Info" you must know so you won't be taken advantage of on your motor vehicle accident insurance claim and also: SO YOU CAN COLLECT EVERY DOLLAR THAT'S OWED TO YOU !

The following 8 are just "The Tip Of The Iceberg":

#1. There are situations where you can collect for your "Lost Wages" even if you were paid by your employer and/or collected "Sick Leave" while unable to work.

#2. You can collect money and be reimbursed for any and all "Over The Counter" (non-prescription) medication you purchased during your recovery.

#3. Under normal circumstances unless a claim ends up in court (several years after impact has taken place and you are fully recovered) you do not have to agree to be examined by the insurance company's doctor.

#4. There are many times that come to pass where you are entitled to collect the "Gross Amount" of your lost wages, not the so-called "Net After Taxes".

#5. If you're a housewife, you can often recover for "Lost Wages" (based on the "Value" of a maid or a domestic servant, who would execute the same work) which you could not perform due to the injury.

#6. You are entitled to extra compensation if you can prove you were forced to cancel a vacation and/or a special event.

#7. Under certain circumstances you may be able to make a claim (and collect for) a personal injury even if your state is "No-Fault" and you already have PIP (Personal Injury Protection) coverage.

#8. Your friends, and even relatives, have the right to execute statements which you can send to adjusters (and/or anybody you feel should get one) going into detail as to what happened to your body and what they've observed you've had to deal with (via your "Pain and Suffering") during your period of recovery.

These statements can often provide you with an even greater dollar value - - when it comes to the calculation and then the ultimate settlement of your personal injury claim!

DISCLAIMER: The above article "INSIDE-INFORMATION REGARDING YOUR MOTOR VEHICLE ACCIDENT CLAIM" is to help people understand the motor vehicle accident claim process. Neither Dan Baldyga,nor ARTICLE CITY any guarantee of any kind whatsoever, NOR to they purport to engage in rendering any professional or legal service, substitute for a lawyer, an insurance adjuster, or claims consultant, or the like. Where such professional help is desired IT IS THE INDIVIDUAL'S RESPONSIBILITY to obtain it.

Dan Baldyga's third and latest book AUTO ACCIDENT PERSONAL INJURY INSURANCE CLAIM (How To Evaluate And Settle Your Loss) can be found on the internet at or . This book reveals "How To" successfully handle your motor vehicle accident claim, so you won't be taken advantage of. It also goes into detail regarding BASE (The Baldyga Auto Accident Settlement Evaluation Formula). THE BASE FORMULA explains how to determine the value of the "Pain and Suffering" you endured - - because of your personal injury !

Copyright (c) 2004 By Daniel G. Baldyga. All Rights Reserved

Dan Baldyga - Author

AUTO ACCIDENT PERSONAL INJURY INSURANCE CLAIM

(How To Evaluate And Settle Your Loss)