Legal assistance with car compensation: read now

Questioner

Our car was declared an economic total loss. It wasn't our fault. A buyer was found who offered an amount. An expert also came by to determine the current value. The repair amount is higher than the current value. Will we now get the amount of that buyer plus the current value? Otherwise it will cost us a lot of money.

Lawyer

Unfortunately for you, the other party or their insurance company only has to reimburse you the current value of the car. If there is a buyer who has offered an amount, that will be deducted from the current value. So you do not get both the current value and the amount that the buyer has offered.