One of the scariest things about driving and being on the road is getting in an accident. The trauma of the incident can stay with the driver and the passengers for some time afterward. It’s not only difficult to deal with the physical and emotional fallout of an accident, but the inconvenience of being in an accident lies in filling all of the paperwork.
It’s really important to know what to do if your Audi lease is in an accident, especially if your Audi is part of your company perks package. Thankfully, you have several options available to you.
There are different severities of an accident, and the first thing that you should do is to contact the company that leased you your Audi (possibly Audi directly) and find out whether your leased car can be repaired or whether it’s a write-off.
If you are not at fault for this accident, it could be very important to get a law firm like The Law Offices of Emroch & Kilduff on your side as early as possible to help with all the paperwork. Your insurance company will step in to help if the car can be repaired, but your finance provider will tell you where to get your Audi repaired. The best thing that you can do while you’re recovering is to put your insurance company in touch with your finance provider so that they can communicate directly.
If the car is a write-off, the process does differ slightly. The finance provider will treat it as if you are the Audi owner, which will then end the agreement. Your dealings with your lawyer can help you to settle that amount along with whatever your insurance pays out.
If your Audi is part of the business program, your new Audi vehicle is included for free when you take delivery. It’s a complimentary service and Audi accident management gets you back on the road with minimal fuss. If you write off your leased Audi, you will have to get a new contract because your financial provider will treat you like the car is yours and not just a lease. Typically there isn’t a cancellation fee because you didn’t cancel the contract.
Your insurance is affected when you crash a leased Audi and a total loss claim could be settled in a couple of weeks. If your Audi is a new model, your insurance could provide you with a like for like vehicle to keep you moving. If you need help after your accident, or you are in the hospital for some time and off work, you should discuss this with your insurance provider because you need to be able to keep up your payments.
Crashing a car - leased or not - is not easy to cope with. Ensuring that you handle it correctly is important if you want to get back on the road and keep life moving forward.