Under a related (but, different) law that was designed to keep unsafe
"repaired wrecks" off the road, a vehicle is considered a "total loss"
if the cost of repairing your vehicle is more than 80% of what
your vehicle was worth before the accident (because vehicles damaged
that badly are dangerous to motorists and are not "road-worthy"). Florida Law #319.30 (3)(a)(2)(b). But,
if your vehicle is a "total loss", the insurance company must still pay
to you and/or to the finance company, if any, 100% of its value to buy
your vehicle (not just 80%).
For more information about Vehicles Involved In An Accident in Orlando contact Hanson &
Hanson, P.A. today at 1-800-426-7662 to schedule your free initial
consultation. More information about Orlando Auto Accidents can be
found in the practice areas section of our website.
