Recovery of loss of use damages are a key element of automobile property subrogation and TranSubro is the leading authority on loss of use damages in the United States of America.
States differ as to how and when a vehicle owner is allowed to recover the value of the loss of use of a vehicle as an element of damage from a responsible tortfeasor during the period the vehicle is being repaired or replaced by the at-fault party’s insurance provider.
Listed below are some common questions you may have regarding loss of use damages that we can answer.
Please contact us if you have any questions that aren’t answered below.
WHAT ARE LOSS OF USE DAMAGES?
Loss of use damages refer to the lack of your ability to use a vehicle or piece of equipment after an accident occurs at the fault of another party.
WHO IS ENTITLED TO LOSS OF USE DAMAGES?
Any owner of a vehicle(s), be it an individual or a large company, is entitled to collect damages for loss of use.
WHO PAYS FOR MY LOSS OF USE DAMAGES?
Just like physical damages to your vehicle, the insurer of the at-fault party is responsible for paying loss of use damages.
WHY DO I NEED TRANSUBRO TO COLLECT LOSS OF USE DAMAGES FOR ME?
TranSubro is currently the leading authority in loss of use damages collections. No company in America has as thorough of an understanding of loss of use damages as TranSubro. TranSubro’s claims specialists are experts on the subject of loss of use damages and they’re equipped with the skills for maximizing loss of use damages collections.
HOW MUCH CAN TRANSUBRO COLLECT FOR ME ON MY LOSS OF USE DAMAGES CLAIM?
Depending on the vehicle, TranSubro can collect hundreds or even thousands of dollars for each day your vehicle was off road.
I HAVE A REPLACEMENT VEHICLE; CAN I STILL GET LOSS OF USE DAMAGES?
Regardless of whether or not a spare vehicle is available, if your vehicle goes off road for repairs you are still entitled to collect loss of use damages.
I WAS INVOLVED IN AN ACCIDENT THAT WASN’T MY FAULT AND MY INSURANCE COMPANY ALREADY COLLECTED PROPERTY DAMAGE FOR ME. CAN I STILL GET LOSS OF USE DAMAGES COMPENSATION?
Yes you can. TranSubro can collect loss of use damages on accidents even several years after property damage payments have been made.
MY ACCIDENT OCCURRED 2 YEARS AGO, IS IT TOO LATE TO COLLECT LOSS OF USE DAMAGES COMPENSATION?
No it’s not. Depending on the state the accident occurred in, TranSubro can collect on accidents anywhere from two to ten years old.
DO I NEED TO SHOW PROOF THAT I LOST REVENUE TO COLLECT LOSS OF USE DAMAGES COMPENSATION?
No, you don’t. TranSubro will collect loss of use damages for you. You do not need to provide any financial or usage documentation.
HOW SUCCESSFUL IS TRANSUBRO IN COLLECTING LOSS OF USE DAMAGES CLAIMS?
TranSubro collects loss of use damages on 96% of all accidents in which our client is not at fault.
HOW LONG WILL IT TAKE FOR TRANSUBRO TO COLLECT ON MY LOSS OF USE DAMAGES?
The average loss of use damages claim handled by TranSubro is closed within 30 days of receipt. No other company in the nation has this fast of a turnover time.
