How does insurance decide how much your car is worth if totaled?

Answer %DETAILS% Answer Insurers use the "Blue Book" value, and factor in mileage and any previous damage, etc. Just as if it were a "trade in".

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How much is a totaled car worth?

On One Hand: Definition of "Totaled"A totaled car generally costs more to repair than it is worth. An example would be a car that is valued at $5,000, but would cost $6,000 to repair. Cars might be... Read More »

How long does it take for your insurance company to make a deal with you for your totaled car?

Answer Normally as soon as the car is determined to be a total loss there should be an offer made within a day or two at the most.

What do you do when the at-fault vehicle's insurance will not pay you for your totaled vehicle because the insurance company has already paid for other vehicles damaged in an accident?

Based on your question, I'm guessing that their policyholder simply didn't have enough coverage to pay for all the damage to all the vehicles involved. I would have to know a little bit more about ... Read More »

How does insurance value totaled cars?

Insurance companies value totaled cars based on the fair market value of the vehicle before an accident. In addition to this data, the insurance adjuster might revise the value based on local marke... Read More »