Auto Insurance Forum

Feb. 21, 2007

Are there any other ways to recoup money from a hit and run driver? My car was totaled and I have to get a loan to replace my car. I don't want to pay for the other driver's problem.

Bruce, California

Dear Bruce,

If your car has been damaged by a hit and run driver, you have two options. One, you can file a claim on your collision insurance. Or two, file a claim on your uninsured motorist property-damage coverage (if you have either one of these coverages). Uninsured motorist property-damage coverage is not available in all states. However, it is available in California.

When an insurance company totals your car, it is only obligated to pay you fair market value for what your car is worth. There are many variables that determine the value of your car, such as miles driven, pre-accident condition, special equipment installed into your car, and local market conditions for your vehicle. The insurance company is not obligated to buy you a new vehicle of your choice.

For more information, read How to buy uninsured motorist property-damage coverage and How to steer clear of trouble in six auto accident scenarios.

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