2
How to Save Money on a Vehicle Repair It’s been a pretty big question as far as how to save money on a vehicle repair . Sometimes the price for vehicle repairs can vary wildly from $500 being the cheapest to $1000 being the most expensive. Because this can be such a large expense for a family, saving in this area can make a huge difference. That’s why we’ve outlined some methods and instructions on how to approach this often confusing ordeal. To start, don’t use the preferred body shop your insurance refers you to. Why you might ask? Well if you want to just be done with it and get a decent repair for your vehicle this is an option. If you’re looking for value this is not the way to go. Following the insurance company’s advice and going with your “Preferred Body Shop” is the best way to leave money on the table. The truth is there are many good options to go with to get your vehicle fixed at an affordable rate and still profit from it. These days, the insurance market is a fully mature and saturated market. Because of this, insurances are expanding into other markets like auto body repair. It’s not uncommon to find an insurance company that owns many body shops in this day and age. To increase their profits, it’s the norm that insurance company’s forward you to their repair shop. Typically after a customer requests they get their vehicle repaired somewhere else, the first thing an insurance company will do is tell you there’s no warranty if you get your vehicle repaired elsewhere or try to scare you from doing this. Nowadays most all body shops out there offer warranty and are more than willing to fix any future issues. The best way to look for a repair shop is to start by requesting a quote at a local body shop that has good reviews. The key to saving here is to not tell your local body shop that you are filing with the insurance if you are. It’s not a secret that this is one of the first questions your body shop will ask. The reason they ask, is to find out if they can charge you insurance rates or regular rates. A customer looking to get their vehicle repaired without the insurance will normally look for a competitive rate because the money’s coming out of pocket. If it’s an insurance job the body shop can expect relatively generous insurance adjuster quotes. This is the excess money the body shop is eager to get. If done properly though, many times you can save somewhere in the range of 7-12% just by collecting the insurance check, paying the body shop, and pocketing the difference. If the vehicle repair shop was bad enough that could be anywhere from $1000-$1700 extra in your pocket. So next time you get in an accident, plan out your steps one by one. There’s a nice chunk of money to be saved or made.

How to Save Money on a Vehicle Repair

Embed Size (px)

Citation preview

Page 1: How to Save Money on a Vehicle Repair

How to Save Money on a Vehicle Repair

It’s been a pretty big question as far as how to save money on a vehicle repair. Sometimes the price for vehicle repairs can vary wildly from $500 being the cheapest to $1000 being the most expensive. Because this can be such a large expense for a family, saving in this area can make a huge difference. That’s why we’ve outlined some methods and instructions on how to approach this often confusing ordeal.

To start, don’t use the preferred body shop your insurance refers you to. Why you might ask? Well if you want to just be done with it and get a decent repair for your vehicle this is an option. If you’re looking for value this is not the way to go. Following the insurance company’s advice and going with your “Preferred Body Shop” is the best way to leave money on the table. The truth is there are many good options to go with to get your vehicle fixed at an affordable rate and still profit from it.

These days, the insurance market is a fully mature and saturated market. Because of this, insurances are expanding into other markets like auto body repair. It’s not uncommon to find an insurance company that owns many body shops in this day and age. To increase their profits, it’s the norm that insurance company’s forward you to their repair shop. Typically after a customer requests they get their vehicle repaired somewhere else, the first thing an insurance company will do is tell you there’s no warranty if you get your vehicle repaired elsewhere or try to scare you from doing this. Nowadays most all body shops out there offer warranty and are more than willing to fix any future issues.

The best way to look for a repair shop is to start by requesting a quote at a local body shop that has good reviews. The key to saving here is to not tell your local body shop that you are filing with the insurance if you are. It’s not a secret that this is one of the first questions your body shop will ask. The reason they ask, is to find out if they can charge you insurance rates or regular rates. A customer looking to get their vehicle repaired without the insurance will normally look for a competitive rate because the money’s coming out of pocket. If it’s an insurance job the body shop can expect relatively generous insurance adjuster quotes. This is the excess money the body shop is eager to get. If done properly though, many times you can save somewhere in the range of 7-12% just by collecting the insurance check, paying the body shop, and pocketing the difference. If the vehicle repair shop was bad enough that could be anywhere from $1000-$1700 extra in your pocket.

So next time you get in an accident, plan out your steps one by one. There’s a nice chunk of money to be saved or made.

Page 2: How to Save Money on a Vehicle Repair